1-1=void zero is a place notation not a number.
This week, Linda Tirelli, a lawyer representing a client in a foreclosure case with Wells Fargo came across a very disturbing piece of evidence: a company manual instructing the bank’s staff in how to forge documents to proceed with foreclosures. The manual instructs employees how to process [mortgage] notes without endorsements and obtaining endorsements and allonges. In essence, if employees lacked the documents needed for foreclosure, they were instructed to make them up. As Tirelli stated to the Washington Post:
“This is a blueprint for fraud,” said Tirelli, who attached a copy of the manual as evidence in the lawsuit filed in U.S. District Court in White Plains, N.Y. “The idea that this bank is instructing people how to produce these documents is appalling.”
The disclosure of the manual has been duly reported in the business sections of major media, but has not made a huge splash. It’s shocking…
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