Product: Mortgage

To : Consumer Financial Protection Bureau ( CFPB ) Subject : Formal Complaint Wells Fargo Bank, N.A.s Role in Loan Laundering, Fraudulent Foreclosure & RICO Predicate Acts **Re : CFPB Case No. XXXX Additional Complaint Against Wells Fargo Bank , N.A . Based on XXXX XXXX XXXX Confession Dear CFPB Officials, This complaint supplements the current investigation under CFPB Case No. XXXX and expands it to include Wells Fargo Bank , N.A . for its role in a fraudulent foreclosure, loan laundering operation, and a pattern of racketeering activity ( RICO predicate acts ). 

Summary of Facts XXXX. XXXX XXXX XXXX Confession Confirms Loan Was Paid Off in XXXX On XX/XX/XXXX, XXXX XXXX XXXXXXXX confirmed that Loan # XXXX was paid in full on XX/XX/XXXX, prior to their acquisition of XXXX. 

XXXX  XXXX XXXX letter acknowledges that the loan was securitized into XXXX Asset-Backed Certificates Trust XXXX and that XXXX was the investor of record. 

This effectively nullifies any claim of ongoing debt or foreclosure beyond that date. 


2. Wells Fargos Claims Contradict XXXX XXXX and Confirm Loan Laundering Despite XXXX XXXX XXXXXXXX confirmation of payoff and securitization, Wells Fargo claimed to have purchased the same note from XXXX XXXX via XXXXXXXX XXXX XXXXXXXX, and further claimed to be the holder in due course ( XXXX ) of the note. 

However, a forensic affidavit confirms that XXXX XXXX sold the same loan into XXXX XXXX XXXX XXXX XXXX, and no legal repurchase or removal from that trust ever occurred. 

Wells Fargos claim is therefore legally impossible and serves as confirmation of loan laundering : attempting to recreate a paid-off and securitized loan to fabricate a default scenario.

3. Foreclosure Was Based on Falsified Records Wells Fargo pursued a foreclosure using Loan # XXXX, a fabricated loan number used to obscure the securitized nature of the original note. 

This strategy amounts to title laundering and fraud in the factum, further supported by : A void Assignment of Mortgage from XXXX. 

A post-foreclosure claim of indemnification by Wells Fargo, despite no recorded lien. 

Absence of any legitimate chain of title between XXXX XXXX and Wells Fargo. 

RICO Predicate Acts by Wells Fargo Bank , N.A . 

XXXX XXXX conduct constitutes a pattern of racketeering activity under the Racketeer Influenced and Corrupt Organizations Act ( RICO ), including : 18 U.S.C. 1341 Mail Fraud : Using the mail to transmit false default notices and fraudulent assignments.

18 U.S.C. 1343 Wire Fraud : Electronic transmission of fabricated servicing records, foreclosure notices, and fake loan account identifiers.

18 U.S.C. 1956 Money Laundering : Repurposing a paid, securitized debt into a new loan for collection and foreclosure.

18 U.S.C. 1028 Fraudulent Documents : Relying on false endorsements and void assignments to support foreclosure filings. 


Requested Action from the CFPB We respectfully request that the CFPB : 1. Initiate a separate enforcement action against Wells Fargo Bank , N.A . for mortgage fraud, loan laundering, and servicing deception.
2. Refer findings to the U.S. Department of Justice and HUD OIG for further review under the False Claims Act and RICO. 


3. Subpoena Wells Fargos custodial records showing the alleged note purchase, XXXX XXXX, and any warehouse XXXX XXXX from XXXXXXXX XXXX XXXX 


4. Order immediate restitution for the wrongful foreclosure and rent loss from XXXX to present, including : Return of title to the Estate of XXXX XXXX, XXXX. 

Compensation for over 9 years of Section 8 rental income fraudulently collected. 

Full audit of servicing practices for all loans originated by XXXX XXXX and/or XXXXXXXX XXXX XXXXXXXX XXXX 


Conclusion XXXX XXXX XXXXXXXX admission exposed the truth : Loan # XXXX was paid in full and securitized, making any subsequent foreclosure unlawful. Wells Fargos contradictory claims, fabricated paper trail, and deceptive servicing actions constitute textbook mortgage fraud, RICO violations, and a scheme to defraud both borrowers and federal agencies. 

This case presents a critical opportunity for the CFPB to expose systemic misconduct and restore public trust in mortgage servicing oversight. 

Sincerely, XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX NY XXXX XXXX XXXX On Behalf of the Estate of XXXX XXXX, XXXX. 
Date : XX/XX/XXXXXXXX XXXX