Wells Fargo Mortgage Modification is a Scam


Cash for Keys|Complaints|Congressional Testimony|Consumer Agencies|Deficiency|Eligibility
Foreclosure|Forms|Freddie Mac|Glossary|HAMP|HAMP Compliance|History|Imminent Default|Legal|MERS
Misc.|Mortgage Modification|Move Your Money|Misc.|Other Assistance|Oversight|Petitions|
Principal Reduction|Produce the Note|RESPA|Robo-signing|
Securitization | Servicing Fraud|Short Sales
Special Forbearance|Strategic Default|Success Stories|Tax|Treasury|Trial Modification|Wells Fargo

Links . . . . . .

Cash for Keys
What is Cash for Keys?
A program where lenders offer you cash incentives to avoid the cost of foreclosure

What is Cash for Keys (Video)

Complaints (and websites where you can share yours!)
Consumer Affairs
Wells Fargo Sucks
The Consumerist

Complaints Board
My 3 Cents
Pissed Consumer
Complaint TV News
Ripoff Report
Customer Service Scoreboard
Hissing Kitty
Planet Feedback

Congressional Testimony
"Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing"
Written Testimony of Chief of Homeownership Preservation Office Phyllis Caldwell Before the House Financial Services Subcommittee on Housing and Community Opportunity

Contact Your Congressman or -woman
Contacting the Congress
Comprehensive site that helps you find the contact information you need and gives hints on how best to get in touch.

Consumer-Oriented Agencies
Consumer Financial Protection Bureau

Avoiding HAMP Mortgage Modification Scams: Resources for Servicemembers

Center for Responsible Lending

Testimony of Julia Gordon, Center for Responsible Lending Before the Congressional Oversight Panel HAMP, Servicer Abuses, and Foreclosure Prevention Strategies, October 27, 2010

Americans for Financial Reform

National Consumer Law Center Open Cases

The Consumer Warning Network

Home Defenders League

Department of Commerce Foreclosure Mediation Program

Financial Fraud Enforcement Task Force

Putting scores in perspective
Homeowners have been led to believe that since foreclosure is so devastating to their credit scores, almost anything else is better. This is not true -- turns out there's no significant difference in FICO score impact among foreclosures, short sales or deeds in lieu

Arizona Foreclosure Law aka Arizona Anti-Deficiency Law
Arizona Anti-Deficiency Laws: a Guide to Navigating Uncertainty
List of Non-Recourse Mortgage States and Anti-Deficiency Statutes
Anti-Deficiency Laws and our Mortgage Crisis
I Just Got Sued For A Deficiency Judgment, Now What?
Arizona Anti-Deficiency Laws

Recourse vs. Non-recourse States

Don't Say I Didn't Warn You About Deeds In Lieu Of Foreclosure

Eligibility for Modification
Mortgage (Home Affordable) Modification Plan (HAMP) - Homeowner Stability Initiative
What is U.S. Treasury mortgage modification program?
Do I need to be behind on my mortgage payments to be eligible for a loan modification under the Home Affordable Modification?
HAMP Backup Modification

Check My NPV

Financial Crisis Inquiry Commission
Open Thread: The FCIC Says Who's to Blame for the Financial Crisis
The Brian Lehrer Show on WNYC radio presents this primer on the FCIC

The FCIC Ghost Story: Shadow Banking
WNYC Radio's Brian Lehrer Show hosts Phil Angelides, chairman of the Financial Crisis Inquiry Commission for four shows in February. This is Part 1

Aftershocks of the Financial Crisis

Lessons from the Crisis: Ask the Chairman

United States Foreclosure Laws
Summary of foreclosure types/processes by state

Arizona Foreclosure Laws
Arizona Foreclosure Timeline and Laws

Foreclosure Fraud – Guide to Looking Up Public Records for Fraud

Foreclosure Defense Resource Center
A general information website that seeks to educate California and Arizona Homeowners

Arizona Foreclosure Prevention Taskforce

Foreclosure Lawsuit – What the Bank Must Prove

The Arizona Anti-Deficiency Statute: Can a mortgage lender sue you for a deficiency amount after a foreclosure?
If you took out a mortgage used to purchase a residence on 2 1/2 acres or less that has been lived in (either by yourself or another person, such as a renter) and a foreclosure occurs, the lender generally cannot sue you for any deficiency amount. 

Foreclosure FAQ (Arizona)
Foreclosure Overview & Foreclosure Process
Foreclosure State Laws By RealtyTrac
Bank Foreclosure FAQ
Foreclosure Fraud – Guide to Looking Up Public Records for Fraud
Foreclosure Radar

Help for homeowners fighting foreclosure

Tracing the signs of foreclosure traps
Szymoniak believes legions of distressed home­owners are being victimized by other methods that are tough to uncover and even tougher to avoid.

Who Owns My Mortgage
A concerned group of individuals who are providing educational information, as well as Forums for individuals facing, considering or in a Mortgage Foreclosure.

Mortgage Servicing Fraud.org

Request for Modification and Affadavit (RMA)
An RMA in a pdf format that can be filled in online and saved.

Home Affordable Modification Program Hardship Affidavit (Fannie Mae)
Streamlined Modification Program Hardship Affidavit (Fannie Mae)

Calculating the Net Present Value (NPV) of a Foreclosure vs. a Loan Modification

Hardship Letter Mistakes Kill Many Loan Modifications

Demand to see your mortgage note
Helps you write and send a qualified written request so your loan servicer proves ownership and right to foreclose

Guide to Looking Up Public Records for Fraud

Loan Mod Document Wizard
A private company has set up what the govt. loan mod portal should have done years ago, a checklist of what paperwork each loan servicer requires for a loan mod review.

Freddie Mac & Fannie Mae
Single-family Seller/Servicer Guide
In the center column "Top Links," select "Allregs." You'll need Internet Explorer to access.

Freddie Mac Contacts (Email Addresses)

Fannie Mae and Freddie Mac Refinancing Guidelines

Freddie Mac Enforcement of HAMP Violations
the attorneys for  the servicers are arguing that the HAMP is a contract between the servicer/investor and the US Treasury. As a result, they argue, the homeowner in reality has no rights

Fannie, Freddie Set New HAMP Guidelines on Documentation

Companies: Government Sponsored Enterprises

How to Fix Mortgage Mess in Three Steps: Laurence Kotlikoff
In 2008 the two government-supported mortgage finance companies, along with the Federal Housing Administration and other U.S. agencies, were holding or guaranteeing some 19 million subprime home loans, or about 70 percent of all such debt.

Freddie Mac and Foreclosure

Freddie Mac Enforcement of HAMP Violations

Fannie and Freddie served as conduits through which the Banks securitized the loans using Fannie and Freddie as a Master Trustee of pools that were supposed to be Trusts holding pools of loans.

How Fannie Mae And Freddie Mac Were Saved
Together, Fannie Mae and Freddie Mac own (or back) more than $5 trillion of U.S. mortgages in 2009. The two companies account for almost half of the $12 trillion U.S. mortgage market.

Welcome to Freddie and Fannie’s Mortgage Shell Game
If Freddie or Fannie truly “own” your mortgage, they have “legal title” to the property and are the “real party in interest” to foreclose.

Are Fannie and Freddie Subverting Obama's MFA/HAMP Programs?

Glossary and Modification Terms
Mortgage-related Terms from HUD
The HAMP Waterfall

The Birth of HAMP: President Obama's Remarks on the Home Mortgage Crisis, February 18, 2009.
"Through this plan, we will help between 7 and 9 million families restructure or refinance their mortgages so they can afford -- avoid foreclosure."
Video of the speech

HAMP Servicer Documents
A database of MHA updates sent to servicers regarding how to interpret and implement HAMP guidelines.

Designed to Fail
The Obama administration's mortgage-modification program was created more to help lenders than homeowners. It's time to reverse priorities.

Understanding the Government's Home Affordable Modification Program (HAMP)

Home Affordable Modification Program Guidelines March 4, 2009, US Treasury Dept.

Making Homes Affordable Program Guidelines

Hope For Homeowners: Now I Know My NPV's -- HAMP
Understand the Net Present Value test and how loan servicers often make "mistakes" and improperly deny HAMP modifications because of this.

Loan Modification and Mortgage Servicing
A wealth of information from the National Consumer Law Center

Home Affordable Modification Program
Administrative website for loan servicers

Making Home Affordable: Hardest Hit Fund
Look up the specific requirements for your state's plan

Loan Modification Hell: New Solutions To Avoid Losing Your Home
There are some specific steps you should take if you feel as though you’ve reached the end of the line with your federally-chartered bank

How to apply for HAMP Home Affordable Modification Program & be processed for HAMP consideration
Information about forms, eligibility and documentation

Want a Loan Modification? The New HAMP Rules For Trial Loan Mods Start June 1
The Obama Administration continues to feed the line that more borrowers haven’t been converted from temporary loan mods to permanent loan mods because they haven’t provided all the necessary paperwork

15 Steps to a Loan Modification

If you have been denied for a HAMP Home Affordable Modification Loan Program find out why and reapply.
Information on determining "hardship" and "imminent default."

Tips for Success: HAMP
The bank, by HAMP regulations, is supposed to notify you within 10 days that they received your complete file for HAMP modification, and they then have 30 days to come to a conclusion on your file.    Yeah, right?  Don't we wish!!  

Rejected by HAMP? Here's how you can qualify to reapply
If the reason you were unable to get a HAMP loan modification was that you failed to make your trial mortgage payments on time, you won't be allowed to reapply. But if that's not the case, and your situation has changed, and you believe that you may be eligible and qualified for HAMP now, you can reapply.

7 Fatal HAMP Flaws – Why Servicers Won’t Modify Your Mortgage

Moral Hazard: Missing Ethics in HAMP Mortgage Modification Program
HAMP leaves families worse off more often than not, owing more, trapped in a home with higher mortgage debt and worse loan terms in the long run.

At A Crossroads: Lessons From the Home Affordable Modification Program (HAMP)
We are still in the midst of the worst foreclosure crisis we have ever experienced. The successes, failures, and missed opportunities of HAMP provide a roadmap for a way out of the current crisis as well as a way to prevent its repetition.

HAMP Compliance
How HAMP Modifications Are Escalated
An "Escalated Case" is just given back to the servicer to be decided all over again — essentially, it’s escalated all the way back to the very entity which was being complained about in the first place.

Making Home Affordable Program Servicer Performance Report Through October 2010

HAMP Data Analysis Reveals Servicer Failure


How the mortgage industry polices HAMP
No one involved even bothers to dispute the conflict of interest, one of many that have plagued the Treasury Department’s Home Affordable Modification Program.

How Servicer-Funded Body Became Ombudsman for U.S. Loan Mod Program
When borrowers are denied a loan mod and call a hotline to have their case reviewed, they are handed off to a nonprofit group created by a large mortgage servicer and largely funded by the industry.

Demand Your NPV Values! Criminal Penalties for Servicers' HAMP Non-Compliance
One of HAMP's compliance requirements is that servicers provide borrowers' NPV input data if requested within 30-days after a loan modification is denied

History (Wells Fargo)
Wells/Norwest's Gyber Strategy
WFHM's 1999 merger with Norwest Mortgage

What Cooked the World's Economy?

Imminent Default
Fannie Mae – Servicers To Use Imminent Default Indicator For HAMP

How to Determine Imminent Default – Home Affordable Modifications

Freddie Mac Bulletin: Imminent Default

Imminent Default – An Example

How to Determine Imminent Default – Home Affordable Modifications

Lawsuits Against Wells Fargo Bank


Foreclosure Defence Resource Center
Informative articles based on real cases by a civil litigation law firm

Loan Modification Help Center? Federal Law Governing Mortgage Lending
Basically, there are four core laws which create the guidelines for all mortgages. 

Noncompliance with HAMP Guidelines as an Affirmative Foreclosure Defense?
The Indiana Court of Appeals held (citing a number of precedent rulings) that a compliance with servicing guidelines is a condition precedent to a foreclosure that can be raised as an affirmative defense.

What the Banks Use in Foreclosure - Securitization Forum White Paper

Fighting Foreclosure in Court and Using Discovery to Uncover Illegality
Requests made to the lender and other companies to produce documents relating to the real estate transaction can assist borrowers in putting together an adequate defense of their home.

Hiring a Lawyer for Loan-Modification Help
One benefit of using lawyers is that they typically know the ins and outs of the welter of government homeowner-assistance programs.

Minnesota Class Action Complaint Regarding HAMP
A very informative read and the best summary I've seen of the HAMP review process ... if only the banks would tell us what they're supposed to be doing. Of course, then we'd know when they're not doing it.

The Mortgage Forgiveness Debt Relief Act and Debt Cancellation
In 2007 the mortgage debt relief act was enacted to allow tax payers to exclude income from the discharge of debt in regards to their principal residence. Debt reduction through a mortgage restructuring and or in connection with a foreclosure may qualify for the relief.

Articles on Arizona Trustee's Sale and Bankruptcy

"Show Me The Note" Foreclosure Defense Works...

Open Letter to all Honorable Judges in Foreclosure and Bankruptcy Proceedings

Fraudclosure Errors Destroying Americans’ Property Rights
This is about a fundamental breakdown of the role of government, courts, and leadership in the nation. And it all traces back to the bailouts of reckless bankers, and the refusal to hold then in any way accountable.

BOMBSHELL- The Best Foreclosure Order Ever Signed By A Judge?

Quiet Title: Head to head approach

Honest–Services Fraud: What’s Left of This Blunted Weapon Against Corruption?

Home Affordable Modification Program Loan Modification Problems? Read Wigod!

MBS and Foreclosures Expose Our Degraded Legal Profession
By now many are realizing that the bankers lied materially and often about the mortgage loans they packaged into securities and sold to suckers. But stop and think about that – where were the lawyers?

Mortgage Servicing Fraud
Information on "How They Steal Your Home" and a discussion forum.

Christopher and Diane Freitas (“appellants”) attempted to negotiate a mortgage modification with their home mortgage loan servicer, Wells Fargo Home Mortgage, Inc. (“Wells Fargo”). After receiving conflicting information from Wells Fargo representatives, appellants stopped paying on their mortgage loan. Wells Fargo initiated foreclosure, and appellants sued for fraudulent misrepresentation and promissory estoppel.

Wells Fargo Home Loan Modification Debt Collection Lawsuit
The lawsuit claims that the nation's fourth-largest bank duped thousands of Californians into agreements that were designed to give the impression that the bank was offering a trial loan-modification program to assess their ability to make regular, reduced mortgage payments. In fact, the lawsuit claims that the bank never intended to modify the home loan.

Mortgage Electronic Registry Service (MERS)
What is MERS?
MERS also often ends up as an obstacle for a consumer seeking information on a loan and protects lenders from legal action.

MERS® Servicer Identification System
Search for servicer information

An Extremely Long Metaphor to Explain Mortgage Chaos
The functional effect of MERS is to create an obfuscatory wall between the homeowner and the actual owner of his mortgage loan.

Who is MERS and Why Are They Suing Me?
MERS made it cheaper and faster for these mortgage companies to buy and sell loans without all the extra paperwork and fees they would have incurred had they done it the old fashioned way.

Find out if you are a MERS victim

Mers Fraud Info.

How a mortgage clearinghouse became a villain in the foreclosure mess
WaPo Explains the ABCs of MERS, Which Struggling Homeowners Are Leveraging in Loan Negotiations

County Register of Deeds Picks Fight with MERS

Anatomy of Mortgage Fraud, Part I: MERS's Smoking Gun
Anatomy of Mortgage Fraud, Part II: The Mother of All Frauds
Anatomy of Mortgage Fraud, Part III: MERS'S Role in Facilitating the Mother of All Frauds

Dude, Where's My Mortgage? How an Obscure Outfit Called MERS Is Subverting Our Entire System of Property Rights

Pictures of MERS, Part 1: Corporate Documents Illustrate the Mortgage Shell Game
"MERSCORP" is an entity created by the mortgage industry, including the Mortgage Bankers Association. The other owners are a who's who of TARP recipients, HAMP violators and known lawbreakers.

MERS to testify it forecloses only by mortgage servicer request
Arnold will add that so-called robo-signers, those who allegedly push forward foreclosure documentation without proper review, are now identified and either retrained or their associated firms dismissed

Testimony of R.K. Arnold President and CEO of MERSCORP, Inc. Before the Subcommittee on Housing and Community Opportunity House Financial Services Committee November 18, 2010

MERS Exposed I: Process Expert Catalogues Fundamental Flaws
A capital markets IT specialist who has worked in high transaction volume environments, provided comments on statements made by MERS officers in various depositions about how various procedures worked. He found serious shortcomings in their “electronic handshake” process and authentication, as well as troubling open questions about access control and an audit trail.

MERS Exposed II: General Counsel Tells Whoppers in Testimony Before Virginia House
It is axiomatic that a company cannot be both an agent and a principal with respect to the same right”. Being a beneficiary is tantamount to being a principal. The necessity under the law of playing one role or the other renders Hultman’s statement, which reflects ongoing MERS’s contention that it really can have its cake and eat it too, incorrect.

Two Faces: Demystifying the Mortgage Electronic Registration System's Land Title Theory

MERS: The Unreported Effects of Lost Chain of Title on Real Property Owners
White Paper June 2011

The $7 Trillion Question That Haunts Banks
Any bank that used MERS has no legal claim on property

Lender Offender
Rank the most offensive lender-owned properties

Bank Protest Sites: Don't Pay Your Credit Cards and Don't Pay Credit Cards

Financial Services Forum - membership includes Wells Fargo CEO John Stumpf
The Financial Services Forum is a non-partisan financial and economic policy organization comprising the CEOs of 19 of the largest and most diversified financial services institutions doing business in the United States. The purpose of the Forum is to pursue policies that encourage savings and investment, promote an open and competitive global marketplace, and ensure the opportunity of people everywhere to participate fully and productively in the 21st-century global economy.

Is It OK To Shoot If A Bank Employee Breaks Into Your Home Illegally?

Introduction to the Mortgage Servicing Fraud Scam

How Mortgage Originators Lie to Borrowers

How Fraud Fueled the Mortgage Crisis

Mortgage Modification
Wondering what the general Loss Mitigation Review Process is? Here is a general overview.

Legal Aspects of Loan Modification

Home Affordable Modification self-assessment tool

Loan Modification Frequently Asked Questions
Info. for HUD and FHA loans, including loss mitigation policy and servicing guidelines

From the "Arizona Mortgage Guru," a guide through the mortgage modification process (gee, wouldn't it be nice if the lenders would offer something like this for their customers?!)
Loan Modification 101 – Part 1

Loan Modification 101 – Part 2
Loan Modification 101 – Part 3
Loan Modification 101 – Part 4
Loan Modification 101 – Part 5
Loan Modification 101 – Part 6

Wells Fargo Loan Modification Policies
Wells Fargo Home Mortgage's internal loan modification policies.

The Mortgage Modification Morass
Unfortunately the same problem that got us into this mess (securitization) is precisely the source of the problem getting out of it (securitization.

Modification Fraud — the latest game in town
The actions of the servicers and other intermediaries are designed to achieve two results: (1) to make you think that you are negotiations to modify your mortgage and (2) to deny your request for modification.

Wells Fargo Loan Modification
Wells Fargo may be hiding the fact they THEY NO LONGER OWN YOUR LOAN – they are acting as a “Pretender Lender.”

What's a 'Homemade Mortgage Modification'?
This type of modification does not beg for a lender’s permission but is delivered as an ultimatum: Force me out if you can. Any moral qualms are overshadowed by a conviction that the banks created the crisis by snookering homeowners with loans that got them in over their heads.

HUD's Loan Modification Frequently Asked Questions

Mortgage streamlined modification offered
The Fannie Mae and Freddie Mac streamlined modification program that went into effect July 1, 2013, requires no paperwork from eligible borrowers -- not even a hardship document explaining why they fell behind on their payments.

Mortgage Servicing
Cleaning Up the Subprime Aftermath
What went so wrong with mortgage servicing?

Move Your Money out of Big Banks
Move Your Money
The Move Your Money project is a nonprofit campaign that encourages individuals and institutions to divest from the nation’s largest Wall Street banks and move to local financial institutions.

CU Move Your Money
Credit unions are far better than banks and other financial institutions because of our mission in life. We are owned, operated, and have a bottom line drive to serve our MEMBER OWNERS – not investors.

Showdown in America
The Big Banks Crashed Our Economy. Here Are Five Steps They Can Take to Begin Fixing It

Customers Close Accounts to Protest Wall Street, Abusive Lending Practices
A growing number of consumers whose anger at Wall Street over the financial crisis, subsequent $700 billion bailout, and consumer credit practices seen as predatory or unfair has pushed them to close accounts with major banks most associated with the crisis

Other Assistance
Save My Home AZ
Many apply, few qualify for federal mortgage aid
Shame the Banks

Foreclosure Settlement: How to Get Compensated
A list of Frequently Asked Questions that guides homeowners and other readers through the two separate government efforts: the National Mortgage Settlement and the Independent Foreclosure Review.

HUD-certified counselors can help homeowners avoid foreclosure
Nearly 7 of 10 families were able to retain their homes with the help of a HUD-certified counselor, a study found.

Oversight (who is supposed to be making sure lenders do what they're supposed to regarding mortgage modifications?)

Congress has established four avenues of oversight for TARP:

* The Financial Stability Oversight Board

Making Home Affordable Monthly Program Reports (scroll to near bottom right)
Obama administration Kicks off Mortgage Modification Conversion Drive - Treasury Dept. Release

* The Government Accountability Office

* The Special Inspector General for TARP

Factors Affecting Implementation of the Home Affordable Modification Program (March 2010)

* The Congressional Oversight Panel

Congressional Oversight Panel October Oversight Report Examining Treasury’s Use of Financial Crisis Contracting Authority
Scroll to page 75 for interesting info. on the roles of Fannie Mae as HAMP program administrator and Freddie Mac as HAMP compliance agent

We the People Vs the Banks - A HAMP Storm is Brewing

Petition to the U.S. Government from American Homeowners

Principal Reduction
Overview of the Government’s Programs to Reduce Principal on Underwater Mortgages
The Obama administration has been increasing its support for programs to induce banks and others to trim loan balances for homeowners that owe more than their homes are worth.

Fannie and Freddie’s Regulator Opposes Reducing Mortgages for Struggling Homeowners
Data show that Fannie and Freddie don't reduce principal, even if it might save them money in the long term. The reason: Their regulator won't let them.

Housing Program Enhancements Offer Additional Options for Struggling Homeowners

Treasury Prepares Principal Reduction Initiative under HAMP
Most notable among the new initiatives is the requirement that servicers consider “principal relief” including write-downs.

How to Stop the Drop in Home Values
To halt the fall in house prices, the government should reduce mortgage principal when it exceeds 110 percent of the home value.

Why a Mortgage Cramdown Bill Is Still the Best Bet to Save the Economy
If all underwater mortgages were written down to market value and refinanced into 30-year fixed mortgages, it would add about $71 billion a year to the economy and create 1 million jobs.

Principal Reduction at Wells Fargo:
Testimony of Michael J. Heid, co-president, Wells Fargo Home Mortgage, before the Committee on Financial Services, United States House of Representatives, April 13, 2010

Testimony of Michael J. Heid, Co-president, Wells Fargo Home Mortgage before the U.S. House Committee on Oversight and Government Reform Representatives June 24, 2010

Testimony of Alan Jones, Operations Manager, Wells Fargo Home Mortgage Servicing, before the House Financial Services Committee Subcommittee on Housing and Community Opportunity November 18, 2010

Foreclosure Prevention Part II: Are Loan Servicers Honoring Their Commitments to Help Preserve Homeownership?
C-Span - Loan service executives testified on foreclosure prevention efforts, focusing on the implementation of the Home Affordable Modification Program (HAMP).

Produce the Note
Produce The Note “How-To”
Read the step by step “how to” under the videos.

What if Your Lender CAN’T Produce the Note?
That right to foreclose belongs ONLY to the person who has legitimate POSSESSION OF THE ORIGINAL NOTE – not a copy, not an electronic entry, but the original note itself with the signature of the person who allegedly owes the money.

Stopping Foreclosure: What the “Produce the Note” Defense Is & How It Can Help You Save Your Home from Foreclosure (Or at Least Stall)

Reality Check on Real Party in Interest / “Produce The Note” Strategy
While demanding that the claimant produce the note / arguing that the claimant isn’t the real party in interest and doesn’t have standing to pursue a foreclosure action only occasionally results in a decision that effectively forgives the mortgage debt, the challenge can be a valuable tool for homeowners facing foreclosure.

How to use “Produce the Note” in Non-judicial Foreclosure States
In these “nonjudicial foreclosure” states, such as California, Texas, or the thirty or more other states with similar procedures, the homeowner has to file a lawsuit against the party trying to foreclose.

Arizona Wrongful Foreclosure Case – UCC Produce the Note issues discussed…..is a Deed of Trust a Negotiable Instrument in Arizona?

Phoenix Arizona Foreclosure Lawyer discusses the SHOW ME THE NOTE foreclosure Defense in Arizona.

Checklist to Produce the Note Foreclosure Defense Strategy

Real Estate Settlement Procedures Act (RESPA)
Real Estate Settlement Procedures Act (RESPA)
Guide and information about filing a complaint

Real Estate Settlement Procedures Act (RESPA)
Info. from the Department of Housing and Urban Development (HUD)

USC Section 2605 Servicing of Mortgage Loans and Administration of Escrow Accounts
The text of the RESPA law

This Is How I "Foreclosed" On Wells Fargo
A Philadelphia homeowner educated himself about RESPA to try to get information from Wells Fargo, then foreclosed on the bank when it failed to comply.

Very detailed sample QWR

They’re Everywhere! Big Four Auditors Mixed Up In Mortgage Fraud
Can anyone deny that there are four firms – KPMG, Deloitte, PricewaterhouseCoopers (PwC), and Ernst & Young (auditor to Lehman) – who knew all along what was going on and never told a soul, including the SEC?

Why Robo-Signatures Are Illegal in California and Other Non-Judicial Foreclosure States
In short, Robo Signers are illegal in California because good title cannot be based on fraud, robo signed non judicial foreclosure sales are void as a matter of law, the documents are not able to be recorded in California if they are not notarized, which we know was often not done properly, and finally, because they robo signed forgeries ARE intended for judicial proceedings, including evictions and bankruptcy relief from stay motions.

Foreclosure Self-Defense Complete Guide to Robo-Signers

Foreclosure Defense Depos & Admissions. MERS & Robosigners


Why Robo-Signatures Are Illegal in California and Other Non-Judicial Foreclosure States

O'Brien says "Bank's Actions Speak Louder Than Words"
The Essex South Registry of Deeds has found 25,187 fraudulent documents that contain the signatures of more than 30 known robo-signers.

Wells Fargo Secret Robo-Signer List

Who's Signing Now?
Top robo-signers in 2011

STUDY: Mortgage Assignments to Washington Mutual Trusts Are Fraudulent
Elizabeth Boulton, Margaret Dalton, Barbara Hindman, Patricia Miner, Roderick Seda and Shelley Thieven: these Chase employees sign as MERS officers on behalf of at least 30 different mortgage companies.

The Art & Science of Robosigning in the Post Scandal Era (New & Improved Document Fabrication)
Fraudclosure is the inevitable outcome of appraisal fraud, comp. pricing fraud, predatory lending, zero underwriting criteria, origination fraud, warehouse lending fraud, title conveyance fraud, securities fraud, mbs delinquency reporting fraud, mbs accounting fraud. There is no way to "fix" this without resorting to illegal, counterfeit and document fabrication. 

It’s good to have confirmation that the pretenders were using robo-signing, since it points you in the right direction, but don’t expect the court to do anything for you just because you have proved or alleged that as a general practice, the pretender in your case was heavily involved in robo-signing.

Robo-signing Becomes More Efficient
Alphabetical list of known robo-signers.

Robo-signer List for December 1, 2011

Let's Play Find The Wells Fargo Fraud! - What's Wrong With This Mortgage Assignment? (Time Travel Required)


The Final Word on Foreclosure Fraud

Servicing Fraud
Introduction to the Mortgage Servicing Fraud Scam

Can You Fire Your Mortgage Servicer?

Mortgage Servicing Fraud; What is it? And why you need to know...
What is Mortgage Servicing Fraud? Part II

Mortgage Servicing Fraud - How They Push Homeowners to Foreclosure

Mortgage Servicer Fraud Continues in 2013

Predatory Mortgage Servicing Fraud - First of a Series
Predatory Loan Servicing Fraud - Part Two in a Series
Predatory Mortgage Servicing Fraud - Part 3 in a Series

Short Sales
Arizonans (And Others)- Beware The Short Sale
Homeowners Unwittingly Say No to Short Sale, Embrace Mortgage Modification
7 Pitfalls to Avoid in a Short Sale
Banks refusing deals to avoid home foreclosures
Being the Buyer at a Short Sale

Are You Involved in Short Sale Fraud? Here are the Warning Signs!
A realtor's point of view on people taking advantage of sellers

Compare Wells Fargo to Bank of America for Short Sale Negotiations

Bank of America Retard Division for Short Sales

Special Forbearance
Wells Fargo three-month forbearance questions

Strategic Default
Should I Stay or Should I Go?
Banks are sneaky and not to be trusted.

A Mortgage Isn’t a Life Sentence
A mortgage isn’t a life sentence, it’s a contract.  Your house is the collateral for that contract, and if you stop paying the bank gets the house.  That’s in the contract.  There’s nothing immoral about not paying your mortgage, you need to see your relationship with your bank as purely contractual.  The bank certainly sees you as a number.

Learning To Walk: Fear, Shame And Your Underwater Mortgage
The hostility people felt from their banks made the decision to walk away easier for many, and some now even revel in it, celebrating a break from a system they see as rigged against them.

You Walk Away Strategic Default Blog
Homeowners are armed with the knowledge and peace of mind they need to go through possibly the toughest experience of their lives.

Success Stories
Could It Be That the Best Chance to Save a Young Family From Foreclosure is a 28-Year-Old Pakistani American Playright-slash-Attorney who Learned Bankruptcy Law on the Internet? Wells Fargo, You Never Knew What Hit You.

Loan Modification Hell: Thanksgiving Success Stories

Homeowner wins back her house after fighting foreclosure
Bank of America issued a statement that "we regret and apologize that this foreclosure was completed while we were working with Ms. Mena toward a mortgage modification.

Loan Modification Success Stories
Pretender lenders are being exposed for their fraud and deceit using the legal system.

The Tax Implications of Foreclosures Part 1
Read the comments for more info.

Treasury Contacts (Email Addresses)

Making Home Affordable Reports
Servicer performance reports are published monthly and provide data on the program.

Making Home Affordable Data File
The MHA Data File consists of two sets of loan-level mortgage modification data: the net present value (NPV) set and the loan modification set. Each set is subdivided into ten geographic regions that cover the United States and its territories.

Trial Modification
Trial Plan Fraud

Want to modify mortgage? Get a trial run
The typical trial period lasts three months and allows the loan servicer to test the borrower's ability to make the modified loan payment before finalizing the modification.

Arizona Loan Modification – Couple Says Wells Fargo is the Scammer

Wells Fargo
Wells Fargo Contacts (Email Addresses)

Wells Fargo foreclosure questions
send your opinions directly to Wells Fargo Regional President Pam Conboy or tell her your foreclosure nightmare story by emailing her at conboypm@wellsfargo.com.

Wells Fargo Loan Modification with 2010 HAMP Updates
Wells Fargo has one of the lowest completion rates of any lender, but with the new 2010 HAMP updates the goal is to actually permanently modify the loans of many more qualified homeowners

Wells Fargo & Company Responsible Servicing Principles for U.S. Residential Real Estate Lending

How to Stop a Wells Fargo Mortgage Foreclosure
All this sweetness and light about the ever-helpful corporation, written by someone who apparently used to be a real journalist. Read the comments for the true story!

Testimony of John Stumpf, President & CE, Wells Fargo & Company, House Financial Services Committee, February 11, 2009

Testimony of David Pollack regarding his personal experience attempting to get a loan modification on his home mortgage serviced by Wells Fargo.

Full Deposition of Xee Moua – Wells Fargo Robosigner

Wells Fargo is Doing Their Part to Help Stop Foreclosure
Or, maybe not. Read the comments to this one.

Foreclosure Frauds, Wells Fargo-the Fox in Charge, and Victimization

Wells Fargo's Elusive Robo-Signer - Full Deposition of Superstar John Herman Kennerty

Wells Fargo’s Servicer-Driven Foreclosure: Is Stumpf’s Company Vicious and Incompetent or Vicious and Greedy?


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