Consumer complaint received 2022-08-09
Company: WELLS FARGO & COMPANY
State: GA
Product: Debt collection
Sub-product: Mortgage debt
Issue: False statements or representation
Sub-issue: Impersonated attorney, law enforcement, or government official

Complaint:
Wells Fargo Bank working as the servicer for XXXX XXXX which they said they were working for as the investor that owned my Dept of VA loan, ROBO signed the Assignment of Deed of Trust as Wells being the owner of the mortgage loan debt instead of XXXX XXXX that owned the Mortgage Note but as with XXXX did not paid value for the mortgage loan as stated on the fraudulent Assignment of Deed of Trust recorded illegally on XX/XX/XXXX. XXXX has admitted to not purchasing the mortgage debt as it stated in the assignment, but paid XXXX XXXX {$210000.00} on XX/XX/XXXX, which it said that it purchased the loan from XXXX XXXX on that date and XXXX acknowledge that the received payment from Wells on XX/XX/XXXX. As there was only one mortgage loan debt against my property at XXXX XXXX XXXX XXXX XXXX that was the collateral for the Debt of VA mortgage loan I received from XXXX XXXXXXXX XXXX ( XXXX ) on XX/XX/XXXX and sold on XX/XX/XXXX to XXXX XXXX XXXX  ( XXXX ) the successor of the mortgage loan debt. So on XX/XX/XXXX the Transfer Beneficial Option 1 took place granting title from XXXX to XXXX XXXX per MERS Milestone report, however, as the Deed of Trust ( DOT ) was not delivered or recorded at the XXXX XXXX XXXX XXXX XXXX XXXX on or before XX/XX/XXXX and the later recording of the document was illegally XXXX XXXX was done by XXXX who had been paid in full on XX/XX/XXXX but recorded on XX/XX/XXXX that they were owed a mortgage loan debt which was a lie. At no time did XXXX attempt to fix the issue of the DOT by having another one signed by me or continuing the crime and recording an assignment of DOT as Wells did not XX/XX/XXXX. MERS knows that in its system that XXXX is transferred the title and the Mortgage Note on every single XXXX transfer is the result of that Mortgage loan being pooled into the bank created XXXX XXXX and from its Milestone report is shows title transfer from XXXX to XXXX yet no transfer from XXXX to Wells as there is no value paid by Wells who is acting as the mortgage servicer but after XX/XX/XXXX when XXXX is declared a failed bank by the FDIC and the loan not sold to another because XXXX XXXX who owns the Mortgage Note but not the mortgage loan did is holding out for the {$210000.00} payday. XXXX XXXX acts like it is owed monies from me when in fact there is no provision in the Mortgage Note to repay a non-interest entity monies as XXXX XXXX is but is acting as if they are the lender. The monies from the foreclosure are to repay the mortgage loan debt owed by the borrower and not to pay a later loan debt the securities investor for a non-restate loan that was made to XXXX. XXXX XXXX gone on with this ruse that sold from the Dept of VA and myself for a debt I did not owe to profit from two sources. After XX/XX/XXXX Wells is not working as a servicer for XXXX who is the only successor in this mortgage loan. XXXX who was paid as an financially interest party in my Dept of VA mortgage loan and Wells can not exchange itself for XXXX who does not exist and act as if they paid value when in fact they did not! XXXX XXXX failed to realize that it was XXXX that started the XX/XX/XXXX and not Wells Fargo Bank that did not enter the situation until purchasing the mortgage servicing rights on XX/XX/XXXX, as XXXX XXXX XXXX was wrong in his XX/XX/XXXX letter to me!

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation