Posts Tagged ‘foreclosure’


Wells Fargo Admits to Thousands of Foreclosure Errors

San Francisco, California based Wells Fargo admitted today that it made paperwork mistakes in thousands of mortgage foreclosure cases, but promised to fix the errors. The bank said it will be refiling 55,000 of the cases by mid-November, but declined to comment on exactly how many of these cases contained errors. Wells Fargo representatives said […]

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California Defaulters Hit Hard by Fannie Mae's New Rules

Fannie Mae last week announced that it would deny government backed mortgages to homeoweers for seven years if they could afford their home but who walked away from mortgage payments because the home dropped in value. If you are a California home buyer who had the ability to pay your mortgage and didn't try to […]

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