WELLS FARGO’S “NOTE ENDORSEMENT TEAM” DOCUMENTATION FORM – EXHIBIT

Attached is an Exhibit that was submitted in a NY bankruptcy case for a trial which settled. In newer foreclosures, there are likely to be robo-redux endorsements fabricated per specs directed by procedures and processes set in place by the entities dealing with loan documentation failures and gaps. These entities direct the lawyers and the Loan Documentation or Note Endorsement units or teams. From what we know, these Note Endorsement teams are comprised of 4-6 people who stamp endorsements on notes whenever a lawyer/servicer/other entity sends / directs / opens a task requesting the team to take care of a note endorsement problem. My recollection is that some of the servicer settlements (like the protocols approved in NJ) may have provisions related to such fixing of exception riddled document trails.

http://stopforeclosurefraud.com/2013/12/10/well-fargos-note-endorsement-team-documentation-form-exhibit/

One response to “WELLS FARGO’S “NOTE ENDORSEMENT TEAM” DOCUMENTATION FORM – EXHIBIT

  1. Reblogged this on Deadly Clear and commented:
    From the same people who brought you “pick-a-pay” …

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