Wells Fargo Agrees to Pay $2.09 Billion Penalty for Allegedly Misrepresenting Quality of Loans Used in Residential Mortgage-Backed Securities

Livinglies's Weblog

08/01/2018 12:00 AM EDT
The only thing I would add to what Dan Edstrom says below is that the courts are still treating WFB as a credible source and applying legal presumptions to its fabricated documents. This enables WFB and the other banks that committed the same atrocities to “skip” actual proof of an unprovable case. WFB has admitted to lying, cheating and outright fraud on a system wide basis. Why would you “trust” any company with that track record and give them the benefit of the doubt (a legal presumption) on paper isntruments that are challenged by a homeowner?
From Dan Edstrom:
Fraud, falsification, mail fraud, wire fraud, financial services fraud, financial institution fraud, violations of SOX requirements, violating the requirements for complying with SOX and providing false or misleading…

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Eudaimonia Sabotaged: The Predatory Society

The best I ever read every single word hit the spot our residence turned from pray house to robbery house! The worse thing I ever did is writing the hardship letter to Wells Fargo vet cancer survivor elderly disable it just made bank to hit us with the harder! Banks are jealous from normal people like us we put uniform we held different job to keep the roof vs those bankers with suit and tie behind their desks full of games in thier head

Livinglies's Weblog

Eudaimonia (Greek: εὐδαιμονία [eu̯dai̯mo’níaː]), sometimes anglicized as eudaemonia or eudemonia /juːdɪˈmoʊniə/, is a Greek word commonly translated as happiness or welfare; however, “human flourishing” has been proposed as a more accurate translation.

sea-of-despair-ilona-flores Sea of Despair by IIona Flores

By R. Sterling Braxton

This is a rant about American social decay, foreclosure and the decline of the America you once knew.  I stumbled upon strategic innovator and author Umair Haque and instantly was intrigued.  He eloquently captured and framed the modern American experience in ways that transformed my thinking and confirmed my fears.

Haque writes extensively about why America is collapsing in his posts on http://www.eand.com and in the Harvard Business Review- but more importantly what can be done to correct and survive the American decline. Bear with me- because I am going to go on a tangent but you will eventually grasp why a decade later-  Neil Garfield is still…

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TELL SIGTARP: WHAT ARE YOU GOING TO DO ABOUT IT?

Enough is enough! All the hepatitis asaconsequence of kicking the TLC original home owner modification turned our home to a den to Robert lower the safety of neighborhood

Livinglies's Weblog

Tell SIGTARP, the Troubled Asset Relief Program, to stop investigating fraud and compiling huge reports- and to DO SOMETHING FOR THE HOMEOWNERS WHO WERE HARMED:

https://www.sigtarp.gov/Pages/crimetips.aspx

SigTarp, through its numerous investigations has discovered massive amounts of modification fraud as seen in this audit: .  And yet NOTHING has been done for the homeowners who were deceived, had approved modifications revoked, and the last of their cash confiscated.

As Treasury Secretary Timonthy Geitner said, HAMP borrowers would “foam the runway” for the distressed banks looking for a safe landing.  Now it’s time to foam the runways for corrupt Bank CEOs to go to prison for embezzlement and fraud by using HAMP to push homeowners further in to arrears, and to steal homes.

HAMP was NEVER about helping homeowners save their homes- and to add insult to injury, the Treasury’s Hardest Hit proceeds were used for…

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