“As court documents obtained by L.A. Weekly show, after admitting its error, Wells Fargo foreclosed on Delassus anyway and sold his condo.”—
Man who lost home to Wells-Fargo because of a typo dies in court.
(That last sentence, by the way, was not a typo.)
You can drink up the entire ocean.
I logged into my bank account so that I could post a sad picture of a sad checking account and write about how I am miserable and how this is only being compounded by the fact that I can not even afford to buy myself some liquid comfort tonight, but then when I logged in, I had a pretty healthy savings account and now I think I might actually have enough inspiration to put on a pair of pants and head out to the bars and drink my sorrow away alone. I hear people complain about it all of the time, but right now I feel great respect for the guy who invented the Way2Save program.
U.S. government sues Wells Fargo, claiming civil mortgage fraud
- 6,320 loans reportedly had problems, but Wells Fargo never told the Federal Housing Administration, which insured the loans. The loans eventually failed, leaving the federal government on the hook.
- $190M the amount these loans ended up costing the United States after the financial crisis hit; now the government is suing, saying Wells Fargo didn’t report issues even after the quality-review department flagged them for issues. source