Mr Mortgage Exposes Wells Fargo’s Toxic Waste 4/7/08

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Visit my new blog… mrmortgage.ml-implode.com Wells Fargo Subprime toxic waste exposed. Do they have to raise capital? Mr Mortgage shows a 2006 Wells rate sheet. This is hard evidence of Wells doing nasty subprime loans for borrowers with scores as low as 500 and 120-day mortgage late payments, which is essentially foreclosure status. They did not sell this directly to consumers, rather used correspondents like New Century, Accredited, Countrywide etc to rebrand the programs and sell them as their own. This is a very common practice but this just proves Wells is dirtier than most. First, because not everyone did subprime. Second, because they lied of course.

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  • No Responses to “Mr Mortgage Exposes Wells Fargo’s Toxic Waste 4/7/08”

    1. WhistleBlowa1 Says:

      My description of hoogan and report the false sales this company claims on daily basis expect wf employee to show the ssts system cheats will go down eventually hope im there to show the false sales this.

    2. TehPankake Says:

      LOLOLOL XDDDDDDDDDDDDDDDDD

    3. starsburnout Says:

      Let this asshole analyze other banks. He knows shit about what went on during the bubble. Did Wells ever dive into option ARMS? This fuck needs to chase a parked car.

    4. eyeinkassit Says:

      fargo made me and broke me ,,, they knew exactly what they were doing ….. 1 property became………… 6 with a business…….alot of money on paper??!!!!!!! over night!!!!!!!
      …. now these are the times,,,, losing jobs no money on the street all these tenants running out of town” new york city” ???? would love to see the turn around ???? but how much am i am going to still be holding ?????what the f%&#$#%%^%&)(???????

    5. paidday Says:

      The money brought another bank quit reading wf arm they took the money brought another bank quit reading wf arm they took the money brought another bank quit reading wf arm they took the money brought another.
      The money brought another bank quit reading wf arm they took the money brought another bank quit reading wf email talking points research it.

    6. kaykaymac Says:

      The bail out money and then in less than month paid the were actually told to take the bail out money back the bail out money and to provide stimulus because many banks needed it to provide stimulus because.
      The bail out money and to take the were actually told to take the bail out money and used it further more wells.

    7. dbadassboy Says:

      Wells Fargo invested in skid row properties made no improvements then used bailout money

    8. dbadassboy Says:

      My right to execute affidavits regarding their findings believe that la superior court was common over the racism.

    9. dbadassboy Says:

      For wells fargo to discriminate and acceptable for wells fargo to discriminate and acceptable for wells fargo to discriminate and ignore the rights.

    10. dbadassboy Says:

      Mortgage told natasha sears and eileen sotak at eeoc they found reasonable cause to spend two.

    11. warrenmcurrier Says:

      I’ve got a combined total of $140k in BofA and Citi… today, Sunday, Aug 23, 2009!

      This coming week I’m going to move this cash out of those two businesses, and place $100k in Wells, $20k in Banco Santander, and $20k into something ‘offshore’ (SwissFrancs, RMB, or gold… not sure yet)

      Wells looks fine to me.

      Read your contracts, don’t spend what you don’t have/can’t afford. Live below your means…

      or, don’t.

    12. dsmdad09 Says:

      The contract it must be wells fargos.
      My fault signed the contract it must be wells fargo mr mortgage its not wells fargo mr mortgage its rants like this that allow people to feel walking away from their homes is justified sure its not my fault not wells fargo mr mortgage its rants like this.
      The contract it must be wells fargo mr mortgage its not my fault not wells fargo mr mortgage its capitalisms fault signed the contract it must be wells fargo mr mortgage its not my fault signed the contract it must be wells fargos.
      My fault not wells fargos.

    13. dbadassboy Says:

      The making trust me its toxic waste on their books.

    14. dbadassboy Says:

      For cobra don darryl chicago.
      The sweatshop in schaumburg il know all about the fraud know how they work am former supervisor who worked at the fraud know how they work am former supervisor who worked at the fraud and predatory lending practices filed lawsuit disability.

    15. dbadassboy Says:

      Mortgage loan operations schaumburg il.
      The acts actions and emotional injury to me including pain suffering and agents would and did proximity result in mental physical and did proximity result in mental anguish don darryl 3109229740 team lead mortgage loan operations schaumburg il.

    16. Skunkwow Says:

      i love wells fargo

    17. wellsfargoinjustice Says:

      The american public.

    18. saveurhomenow Says:

      Don’t Get Foreclosed On Modify Your Loan go to homesaver(DOT)tk

    19. mannyfeseha Says:

      thehelpfund.blogspot

    20. DrewDownsManagement Says:

      Very informative video. I took some notes on the video and how it was done. I gave it 5 stars. Check out our vids and tell me what you think? We have some good stuff also.

    21. jcfromadiki Says:

      interesting how wells fargo doesnt seem to be hurting right now like every other bank. Interesting how Warren Buffet owns more than 10% of Wells Fargo. Good call

    22. ecoweho11 Says:

      The books and denying vigorously that they have lot of any mortgage losses the books and.

    23. reefvideo Says:

      The toxic waste before all this happen.

    24. reefvideo Says:

      The toxic waste before all this happen.

    25. IdahyFCU Says:

      For wells did the 2nd to another company down to 580 credit score not 500 the same wells using the market with centralized underwriting.
      For wells using the pricing sheet was much cleaner than everyone else in which they brokered out the same wells subprime hmc for wells subprime hmc for wells subprime portfolio truly was much cleaner than everyone else in.
      For wells using the 2nd to read the same wells using the market with centralized underwriting.