Wolf vs Wells Fargo | Texas Class Action Granted - Next Precedent Setting Case / Securitization Fail

Categorized | STOP FORECLOSURE FRAUD

Wolf vs Wells Fargo | Texas Class Action Granted – Next Precedent Setting Case / Securitization Fail

Wolf vs Wells Fargo | Texas Class Action Granted – Next Precedent Setting Case / Securitization Fail

Thank you Marie McDonnell for this.

IN THE DISTRICT OF

HARRIS COUNTY TEXAS

151st JUDICIAL DISTRICT

 

MARY ELLEN WOLF AND
DAVID WOLF, on behalf of themselves and all others similarly situated,

v.

WELLS FARGO, N.A.,
AS TRUSTEE FOR CARRINGTON
MORTGAGE LOAN TRUST, TOM
CROFT, NEW CENTURY MORTGAGE CORPORATION, AND CARRINGTON MORTGAGE SERVICES, LLC.

ORDER GRANTING CLASS CERTIFICATION

excerpt:

Plaintiffs seek certification of a class consisting of “all persons and entities having a residential mortgage loan on real property in the State of Texas securitized into the 2006-NC4 Trust, with a court record, lien, claim, or claim against an interest in the real property filed in Texas after August 10, 2006, up to and including the date notice is first provided to the “Class,” and also seek certification of a subclass consisting of “all persons and entities that lost ownership to real property in the state of Texas resulting from a foreclosure initiated by Wells Fargo Bank, N.A., as Trustee for 2006-NC4 Trust after August 10, 2006 up to and including the date notice is first provided to the Class.” In support of this order, the Court makes the following FINDINGS OF FACT AND CONCLUSIONS OF LAW on the elements of this Rule 42 common-question class:

A. Factual Background

Wells Fargo Bank, N.A. (Wells Fargo”) is serving as trustee of the Carrignton Mortgage Loan Trust Series 2006-NC3 (“2006-NC3 Trust). As trustee, Wells Fargo is responsible for the assets that are allegedly held in the trust. According to McDonnell’s expert analysis, there is no evidence in the record showing the Wolfs’ Note and Security Instrument were properly negotiated, delivered, or transferred to all necessary parties in the securitization chain. This is required under the mortgage loan purchase agreement and the Pooling and Servicing Agreement (“P&S Agreement) in order to convey these instruments into the 2006-NC3 trust. There are fatal breaks in the chain of title which indicates these instruments were never transferred into 2006-NC3 Trust. In McDonnell’s expert opinion, Defendant Wells Fargo is not the current owner and holder of the Wolfs’ Note and Deed of Trust.

[…]

Down Load PDF of This Case

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Comments

comments

This post was written by:

- who has written 8684 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

5 Responses to “Wolf vs Wells Fargo | Texas Class Action Granted – Next Precedent Setting Case / Securitization Fail”

  1. Marilyn Brannon says:

    I would like to join this suit. Is this possible? If so how would I go about it?

  2. Hi i would like to be part of any FLORIDA CLASS ACTION against wells fargo or need a good attorney to reverse final judgement executed home sold .wells fargo stole over $275k from my investment home ,FRAUD AND PERJURY COMMITED .THIS SHOULD BE A OPEN AND SHUT CASE ,WELLS HAVE ADMITTED TO THE CONTROLLER OF CURRANCY THEY HAVE ALTERED DOCUMANTS IN FORCLOSURE CASES AND FRAUD ,THIS IS GROUNDS FOR ANY FINAL JUDGEMANT TO BE ANNULLED ? IS THERE ANY TRUST WORTHY ATTERNEYS OUT THERE INSTEAD OF THE RIPP OFF ATTERNEYS THAT TAKE YOUR MONEY AND DO NOTHING IE KEL,S OF ORLANDO FLORIDA , MATT ENGLETT RIPP OF COMPANY CROOKS ,

  3. FLORIDA , wake up to the fraud and perjury committed by WELLS FARGO BANK ,MOTGAGES, HOMES STOLEN ,FRAUDULENT ATTERNEYS ,FRAUDULENT JUDGES , AND A DELAPIDATED COURT SYSTEM , WE NEED THE RIGHT ATTERNEY FOR THE CLASS ACTION , A COURT HEERING WITH A JURY IS THE ONLY WAY FORWARD , WE DONT WANT DIMES WE WANT THE DOLLAR $ and punitive damages for the loss of are homes to this government scandal banking cover up in court thanks paul

  4. Marc Moore says:

    Hello, I’d like to be part of the Texas/Harris County class action lawsuit. My e-mail is moore.marcus121@gmail.com. Thank You.

  5. Colette Washington says:

    Hello I would like to join this suit. What must I do?

Trackbacks/Pingbacks


Leave a Reply

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Advertise your business on StopForeclosureFraud.com

Archives