Wells Fargo Won't Delay Foreclosures as JPMorgan, BofA Check Their Filings - Bloomberg

Can you believe that in the face of their employees DEPOSITION under oath that they are going ahead???? Like uhmmm is "De NILE" (denial) a pretty large river???

Wells Fargo Won't Delay Foreclosures as JPMorgan, BofA Check Their Filings - Bloomberg: "Wells Fargo & Co. is standing by the accuracy of foreclosure filings and won’t follow competitors in delaying seizures, after an employee testified he signed documents for proceedings without personally reviewing records.

The bank said yesterday it doesn’t plan to halt repossessions because its “procedures and daily auditing demonstrate that our foreclosure affidavits are accurate.”

In a May 20 deposition, a Wells Fargo Home Mortgage employee said he signed 50 to 150 documents a day, including statements describing debts and borrowers, without personally confirming that all information was true. His testimony related to a civil claim against the bank filed in a Washington state court. A judge dismissed the case in June."