Wells Fargo Bank Sues Itself

[Bob Hubbard]

Wells Fargo Bank Sues Itself on Monday July 13, @01:37PM

http://yro.slashdot.org/story/09/07/13/1727218/Wells-Fargo-Bank-Sues-Itself

Extreme economic problems require extreme solutions, and Wells Fargo Bank has come up with a good one. They have decided to sue themselves. Wells Fargo holds the first and second mortgages on a condominium that is going into foreclosure. As holder of the first, they are suing all other lien holders, including the holder of the second, which is Wells Fargo. It gets better. The company has hired a lawyer to defend itself against its own lawsuit. The defense lawyer even filed this answer to the complaint, "Defendant admits that it is the owner and holder of a mortgage encumbering the subject real property. All other allegations of the complaint are denied." On the website The Consumer Warning Network, Angie Moreschi wrote: "We've apparently reached the perfect storm for complete and utter idiocy by some banks trying to foreclose on homes."

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[Twin Fist]

Wth

 

[arnisador]

Sheesh.

 

[Stac3y]

:roflmao::roflmao::roflmao::roflmao:

 

[celtic_crippler]

Not surprised...they bought my mortgage and it's been down hill ever since.

 

[stone_dragone]

...damn...breathe...breathe again...

 

[celtic_crippler]

...damn...breathe...breathe again...

Breathe all you want brother...I don't think anything's going to change or make an impact until we march their collective butts up the hill and behead every last one of them on national TV.

....sorry...but I'm way past fed up.

 

[Deaf Smith]

At least for lawyers..."Happy Days Are Here Again".

What a racket!!

And I bet Wells Fargo writes off the lawyers as a 'business expense'.

I guess I should have become a lawyer instead of a geek.

Deaf