fraudvictim 
Member since Jul 30, 2010


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Re: “Marketplace Takes On Memphis

Mr. President, why don’t you address mortgage fraud which caused billions of dollors loss for the Americans? Why not hold Wells Fargo accountable for making mortgage loan based on hugely inflated appraisal?

How many jobs have to be created and how hard taxpayers have to work in order to fill up the deep hole mortgage fraud has created for the society? Bottom line, where is justice when the largest mortgage lender Wells Fargo is foreclosing home based on fraudulent loan and hugely inflated appraisal. Isn’t it prosecutable crime that majority of State Attorney General’s offices are prosecuting?

Where is HOPE for homeowners? Is it too much to expect that Wells Fargo, the largest
mortgage lender in US not to defraud homeowners like us by making fraudulent loan and foreclosing home based on hugely inflated appraisal?
http://www.wellsfargomortgagefraud.com

Posted by fraudvictim on 09/21/2010 at 2:34 PM

Re: “Property Rights

Go Memphis! Justice will prevail!

Here is our ordeal:

Wells Fargo committed prosecutable crime against us. We lost our home. Something is wrong with this picture. Here are the facts.

1. it is illegal for Wells Fargo to make mortgage loan to us based on hugely inflated appraisal.

Fact: - Wells Fargo's fraudulent appraisal valued our home at $718,000
- Wells Fargo's own review appraisal valued our home at $475,000
- Nevada Attorney General's office suspended the appraiser's license for committing appraisal fraud on our home.
- Nevada Appraiser Licensing Board mandated the appraiser to complete appraisal fraud course before regaining his real estate appraiser license.
- Nevada Revised Statue NRS 205.372 states that it's category C felony to make mortgage loans based on fraudulent appraisal.
- Cases of Attorney General's indictments against attorneys, loan brokers for teaming up make fraudulent loans to defraud homeowners.

2. it is illegal for Wells Fargo to wrongfully foreclose our home based on fraudulent appraisal and mortgage loan.

You can find all the facts on our website. www.wellsfargomortgagefraud.com

Posted by fraudvictim on 07/30/2010 at 2:44 PM
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