Wells Fargo- We will NEVER Fabricate or Robosign Another Foreclosure Document- We Promise.

By William Hudson

http://www.charlotteobserver.com/news/business/banking/article79826477.html

Wells Fargo agreed to pay a $70 million penalty to end its five-year battle to settle claims over fraudulent foreclosure practices in the wake of the financial crisis- yet, Wells Fargo is continuing the same foreclosure practices they claim to have halted- while our elected officials pretend that Wells is in compliance with the National Mortgage Settlement.  Banks create the illusion of ownership and compliance while government creates the illusion of enforcement- the homeowner is doomed.  The parasitic relationship between banking and government is destroying the fabric of America.

Five years ago, Wells Fargo and other banks settled allegations that they’d fraudulently endorsed and fabricated legal papers used in home foreclosures and last year, the OCC imposed restrictions on Wells Fargo and the usual culprits because they hadn’t met settlement demands.  Yet these…