Wells Fargo is attempting to keep ahead of the game as usual! It sits on the wayside, observing the goings-on so it can plan an escape strategy, no matter which of it’s dba/aka affiliates will go down. It will not stop it’s fraud until ordered to do so – and until the AG’s waste enough State money needed to prove the fraud. Wells Fargo has funds that could probably outspend any AG who tried – or so Wells Fargo thinks!
Wells Fargo considers itself to big to fail. It authored, and uses, the same document frauds used in foreclosure, and uses it’s foreclosure attorneys as MERS robo-signers, just like all the rest of the servicers.
Here in Cook County, Illinois, one of those signers is Jill D. Rein, who claims to be a Assistant Secretary of MERS whens she swears under penalty of perjury that MERS, on behalf of the original creditor, transfers and conveys to Wells Fargo Bank, NA, for value and consideration with no warranty or recourse, the NOTE, MORTGAGE, and PREMISES.
Jill Rein is the managing attorney for Pierce & Associates, PC (Fannie Mae debt collectors), and is representing Wells Fargo in many foreclosure proceedings. Jill Rein is also co-chair of the Mortgage Bankers Association.
Jill Rein asserts and swears to have personal knowledge of the transactions and “assignments of mortgage” that MERS makes to Wells Frago – but she states no date of assignment on the affidavit, and also attaches no copy of an assignment when she causes it to be recorded in the land record ONLY AFTER foreclosure complaint is filed by Wells Fargo – and ONLY IF the homeowner timely files an appearance in court. The “affidavits” are wrongfully titled “Assignment of Mortgage” to induce the Recorder of Deeds to file it, although the affidavit is not evn dated, neither by Jill Rein nor by the notary public.
The original creditor sold the loan to Fannie more than 3 years before the complaint was filed – WELLS FARGO COMMITS FRAUD in collusion with it’s attorneys and MERS. Using Jill Rein to sign fraudulent affidavits is proof that the paper Mortgage and Note obligation were securitized and no longer existed since the first week after settlement – thus the MERS mortgage was NEVER assigned to Wells Fargo.
BTW, nobody seems to mention the fact that Wells Fargo was Wachovia’s Trustee for FOUR YEARS up until Wachovia was taken over – and coincidentally Wells Frago was able to avoid any responsibility for Wachovia’s failed loans although it was Trustee!
Wells Fargo didn’t want to take TARP funds because it had all of Wachovia’s performing assets, and probably thought that the foreclosures it could manufacture from them would sustain it’s business through the coming storm, but even after being “forced” to take TARP, Wells Frago is still struggling and won’t admit it, because it was waiting on HB3808 bill to sail through and condone the fraudulent assignment affidavits and illegal theft and foreclosure of assets put into Fannie/Freddie securities after default – a CRIME that will now be brought to light since Obama swiftly pocketed the bill.
Yep, Wells Fargo is, as usual, trying to make everyone think that it is innocent out of ALL THE OTHERS – when it was one of the very FIRST founders of this FRAUD ON AMERICA. The bigger they are, the harder they’ll fall, and I can’t WAIT till I see Wells Fargo claim bankruptcy as a result of bankrupting American Citizens

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