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Wells Fargo Finally Comes Clean; Backpeddles On Initial Denials Of Faulty Paperwork, Now Acknowledges Errors In 55,000 Foreclosure Actions

By r morris

The Washington Post reports:Wells Fargo, which has stood by its foreclosure paperwork for weeks(1) as other major lenders discovered errors and halted sales, conceded Wednesday it had discovered some flaws in its documents as well. The latest acknowledgement of problems from one of the nation's biggest lenders points out that the failure to scrupulously check legal documents before foreclosing on

Full post as published by The Home Equity Theft Reporter on October 28, 2010 (boomark / email).