Owners Lose Possessions After Home Near Twentynine Palms Is Mistakenly Foreclosed

losangelos.cbslocal.com ^ | 9-5-12

[sigzero]

WF is going to pay very handsomely for the mistake I am sure.

[FlingWingFlyer]

If I were Alvin and Pat, I’d own Wells Fargo AND THEIR “CREW” after my LAWYERS were done with them. The banks are out of control.

[Born to Conserve]

The directors of Wells Fargo are very lucky they did not take my home.

[Kartographer]

DEAD BEATS! This is the fault of government regulations! Dead Beats! It’s everyone’s fault but Wells Fargo! There will be FReepers along shortly to explain it to you.

[gotribe]

TBTF? Hell, no. Take ‘em down and Buffet with them.

[The KG9 Kid]

Yeah, I know what you mean.

[generally]

Give loans to people who can’t possibly afford to repay them, then destroy the possessions of a family who has paid their bills and lived within their means. Nice.

Where is the accountability?

Ve are chust folloving orders. Ja.

[lurk]

The settlement amount will supply the family with sufficient funds for quite a while. Ka Ching.

[Spktyr]

Charge every single person who participated in, approved or oversaw this with grand theft, conspiracy to commit grand theft, fraud, burglary of a habitation and anything else that seems appropriate. Arrest them all immediately and publicly. No plea deals.

Do this with these people and the next few people that make this ‘mistake’ and watch how fast it stops. They aren’t cops, so they don’t have the shield of sovereign immunity.

[Kartographer]

Here's one of the funnest of the comment on the site:

"Why isnt someone at Wells Fargo facing criminal charges?!!!"

Laws are for little people not Mega Banks.

[hopespringseternal]

No, they won't. The sheriff could have already made arrests. Everyone will shake their heads about what a tragedy it is and the couple may get their empty, trashed house back.

WF will give them about 2 seconds profit to go away and move on.

This isn't the first time this has happened and it won't be the last.

[Spktyr]

I wouldn’t settle for less than the entire annual pre-tax profits of Wells Fargo as punitive damages, honestly. These people need to be taught a very painful lesson.

[Bobalu]

Better call Saul....

[Kartographer]

"Do this with these people and the next few people that make this ‘mistake’ and watch how fast it stops. They aren’t cops, so they don’t have the shield of sovereign immunity."

LOL, mega banks don't get prosecuted, they might get a fine, but it won't be anything larger than they have in petty cash box.

[SandRat]

How long until before O-Bummer and/or Blyden blame Bush and use it in the campaign.

[FastCoyote]

“Alvin and Pat remain distraught. “

I believe Alvin and Pat now own Wells Fargo.

[Spktyr]

Never said it would actually happen. But that’s what *should* happen.

[radpolis]

Something about this story does not smell right.

You can’t randomly foreclose on people’s homes without due process of law, even in a non-judicial foreclosure state like California.

You have to have 3 months previous notice, notices published in the newspapers, a registered 10 day notice before the sale.

And not only that, you need a writ from the court to get evicted by the sheriff.

[Emperor Palpatine]

For once I’d like to see the death penalty imposed for something besides murder and treason.

The one responsible for this spirit-killing crime getting the honor.

“Just five minutes, Worm, Your Honor, Him...Me...Alone!
-Roger Waters/David Gilmour