patrick.net

Would never happen to Trump.

I just love how we cherish accountability in our modern society. Please, just tell me who'll be going to jail for this burglary?

The local company was just a hired hand "following orders" from Wells Fargo. They were the ones to personally trespass and commit the burglary. It was instituted at the direction of W.F. which makes W.F. accessory and conspirator.

What'll really happen is nobody will face criminal charges, some inconsequential amount of money (for W.F.) will be thrown at the mess to appease the wronged party and things continue as before. Just like in Iraq or Afghanistan when there's a wrongful killing and the US or contractors just make a financial compensation payment to the family of those wrongfully killed.

Yet, get caught with a joint and you'll spend years in state or federal prison.

Yeah, tell me our system isn't F^$#ed up. Go head, try.

I'll try - the lack of accountability and personal responsibility isn't only a problem at banks.

This family had a minimum of 2 foreclosure notices posted on their property, plus an eviction notice, plus they either had to be personally served with the unlawful detainer lawsuit (eviction), or the bank had to get an order to post another notice on the property. Then the sheriff themselves typically posts a final notice after the eviction hearing (which apparently these folks didn't show up for as its not hard to prove you don't have a mortgage), and THEN, the Sheriff still has to show up to do the eviction. Property preservation companies do not simply break in - unless the property is abandoned. Bottom line the owners had a minimum of FIVE opportunities to act and stop this before it happened.

The laws and processes I outlined above have been in place for decades, are there explicitly to give homeowners a chance to stand up and take action if something is occurring in error - and nothing in this article portends that the owners took ANY steps to intervene. Do you really think banks (hated as they are), should be held "criminally" liable for what was like just a typo (that probably happened at the title company and not the bank)? Do your really think this is fraud?

While this couples belongings that have memories attached can obviously not be replaced, I'd bet anything they will be WELL taken care of by Wells Fargo, such that it in some respects this may end up a windfall for the couple. This despite the fact they likely failed to act at any point along the process.

Perhaps there is more to the story, but regardless the idea that WF was trying to steal their house or belonging, or committing "fraud" is ludicrous.

Erikintx says

Yeah, tell me our system isn't F^$#ed up. Go head, try.

Christ, don't you know this is a result of CHANGE YOU CAN BELIEVE IN? Did you ever hear of such things happening under any other administration?

Sean7825 did you read the article? The couple were not only NOT anywhere in the process of foreclosure, they didn't even have a mortgage! How could they be in any way at fault in this situation? Those repo men are lucky not to have had their heads blown off!

Shit Happens!
This was a genuine mistake so lets not blame the whole system.
Wells Fargo will adequately compensate them....someone will get fired....and you move on.
Ofcourse, some people will have a field day accusing the bank of intentional and inhumane actions, and therefore the whole bank should be shut down.

The solution? The CEO of Wells Fargo needs to be punished. Who votes for the firing squad? Does anyone support hanging? How about bringing back "Old Sparky"? ZAAAp sizzle burn...

Call it Crazy says

I guess CBS needs to leave out important details and truth to make Wells Fargo out to be the bad guys and not tell it like it was, a simple mistake....

I'm sure Wells will compensate the family well...

The job of the media is to get viewers with sensational stories, even if it means lying to get viewership rather than telling the truth.
Telling the truth about Wells Fargo is just too boring for anyone to care.

Sue them. Find out who ordered it and get them convicted of breaking and entering.

Erikintx says

I just love how we cherish accountability in our modern society. Please, just tell me who'll be going to jail for this burglary?

The local company was just a hired hand "following orders" from Wells Fargo. They were the ones to personally trespass and commit the burglary. It was instituted at the direction of W.F. which makes W.F. accessory and conspirator.

What'll really happen is nobody will face criminal charges, some inconsequential amount of money (for W.F.) will be thrown at the mess to appease the wronged party and things continue as before. Just like in Iraq or Afghanistan when there's a wrongful killing and the US or contractors just make a financial compensation payment to the family of those wrongfully killed.

Yet, get caught with a joint and you'll spend years in state or federal prison.

Yeah, tell me our system isn't F^$#ed up. Go head, try.

Excellent question.

I would say there are TWO entities involved who are liable.

#1.) The Bank.
#2.) The court that allowed the bank to forclose.

Courts can and should be held liable for their rulings.

the real culprit is the EZ money lending of the bubble that caused one gazillion foreclosures overloading the entire system at every level with defaults, bailouts, frauds, scams, mistakes, you name it.

From the article I read the other day - this house wasn't foreclosed. It was merely gutted and all of their stuff tossed.

Twice. Yep, twice.

The house is near the one that actually was repo'd and WF gave the wrong address by mistake. A contractor was hauling stuff out and they stopped him.

Then WF sent another contractor, same deal. Their stuff is gone.

The couple weren't going to sue the first time, but they are now.

sean7825 says

Bottom line the owners had a minimum of FIVE opportunities to act and stop this before it happened.

No, they didn't. They sent the contractor to the wrong house.
They never had the legal access but they took it anyway.

It wasn't a simple mistake by wf or the trash guys, it was trespassing the moment they stepped on the people's property:

http://www.dailymail.co.uk/news/article-2200508/Wells-Fargo-Senior-citizen-devastated-home-built-teenager-ransacked-bank.html?ito=feeds-newsxml

"The subcontractors barged into the property with a foreclosure notice in hand. The notice had the address for the Tjosaas home but had the name Stephen A. Janoski on it, reported ABC. "

I've hated wells Fargo since the day my brother asked me to cosign a car loan for him and applied to that bank for the loan. The loan officer took us to his office and in a serious tone told us that the loan would be 28.8% interest over a three year period. I had A+ credit and protested, threatening to walk. My brother was embarrassed, and when the sleazy loan guy came back with 18.5% he caved and wanted to sign. I didn't want to, told him the credit union would give at least half that, but he was thoroughly intimidated by then and just wanted the deal done. I was like whatever, just make your payments on time.

First and last time I'll cosign for something, but Wells Fargo made the process hell with their greediness. Eff that bank!