Consumer complaint received 2017-12-16 00:00:00
Product: Mortgage — Other type of mortgage
Issue: Closing on a mortgage — 
Company: WELLS FARGO & COMPANY
State: IL

Complaint narrative:
This is complaint against XXXX XXXX XXXX. as Trustee for XXXX Mortgage XXXX XXXX XXXX ( XXXX XXXX, who claimed to be duly authorized to transact business in Illinois prepared a Special Warranty Deed on behalf of XXXX Board of Directors or Trustees and who fraudulently sold me a fraudulent foreclosure based on forged documents prepared by fake " authorities ; and likely defrauded me from a Title Insurance on this property. 

In XXXX I purchased a property located at XXXX XXXX XXXX XXXX, unit XXXX, XXXX IL XXXX which was listed by XXXX XXXX XXXX XXXX. According to the listing, it was NEWLY RENOVATED LARGE XXXX BEDROOM AND XXXX BATH CONDO UNIT HAS NEW APPLIANCES, REFINISHED FLOORS, UPDATED KITCHEN AND BATHS, SUN ROOM. SOLD " AS IS '' Buyers should obtain a free prequalification letter from Wells Fargo Home Mortgage XXXX XXXX XXXX or an entity which is a joint venture with XXXXby working directly with a mortgage consultant. See additional information attached. Additional information included property taxes, assessments, ect. See ad attached. 

The listing did not mention that this property is a foreclosure. It only demanded a pre-qualification from XXXX. I reviewed sale documents again and again did not found disclosures about foreclosure. 

I was looking for an affordable property in this area and purchased the unit. HUDXXXX attached. 

On XXXX XXXX, XXXX XXXX XXXX XXXX. as Trustee for XXXX Mortgage XXXX XXXX XXXX ( XXXX XXXX, who claimed to be duly authorized to transact business in Illinois prepared a Special Warranty Deed acting under " authority of its Board of Directors or Trustees ''. Deed attached. 

HUD-XXXX was signed by Wells Fargo bank Attorney-in-fact XXXX XXXX. 

As soon as I got possession of the unit, I realized that something is really wrong with it. So, I decided to do more detailed review of the background of this unit just to realize that I became a victim of a scam committed by Wells Fargo Bank, this property sale is a fraud where all documents are forged ; and the XXXX is a fake who lacks any authority since it is not existing entity ; and " authorized officers '' appear to be fakes as well. 

I first checked IL Secretary of State for XXXX XXXX  status as Trustee for XXXX and found no records. My worries escalated. I searched public records for XXXX Mortgage XXXX XXXX XXXX and find out that here is a huge foreclosures fraud and forgeries operated by XXXX Trusts. XXXX XXXX XXXX XXXXXXXX, last assessed on XXXX XXXX, XXXX. 

I checked the Assignment of Mortgage into the XXXX. It was dated XXXX XXXX, XXXX. This Trusts Closing Day was XXXX XXXX at the latest ( under IRS Rule XXXX it must be done in 90 days ). So, under no circumstances this Assignment of Mortgage into XXXX XXXX 6 years after its Closing Day can be a legitimate Assignment. 

According to SEC website and IRS Publication XXXX, from XXXX to present time XXXX did not make any SEC or IRS filings which is a mandatory requirement for a legitimate Trust ; and XXXX XXXX has no signs of its physical existence as a legal entity at all. I was not able to find any XXXX of Directors for this XXXX either. See attached XXXX The Assignment was prepared by well-known Wells Fargo bank XXXX XXXX XXXX and XXXX XXXX XXXX XXXX thus it is a forgery. Assignment attached. 

Wells Fargo bank XXXX XXXX XXXX who signed HUD-1 appears to be a fake person. I only find XXXX XXXX XXXX who was associated with Wells Fargo bank - and he does not work for Wells Fargo since XXXX. 

" XXXX XXXX '' XXXX XXXX. XXXX is actually Wells Fargo XXXX XXXX. XXXX XXXX XXXX is XXXX XXXX coordinator who also worked for XXXX XXXX XXXX XXXX PAS ), a Maryland XXXX. According to IL Secretary of XXXX, XXXX does not have registration to conduct real estate business in IL while XXXX has a very questionable status. 

According to the record, XXXX filed for registration with the State in XXXX. The last annual report was filed in XXXX. The President, XXXX XXXX XXXX XXXX, since XXXX works for XXXX XXXX XXXX, XXXX XXXX XXXX, currently under investigation for fraud and facing license suspension in California. XXXX attached. 

I also found an article that XXXX, XXXX  and their agents intentionally lie to property buyers. See XXXX XXXX   XXXX. Last assessed XXXX XXXX, XXXX. 

When I contacted a Title Insurance Company, XXXX XXXX XXXX who received {$1300.00} for the Title insurance on my property, they advised me that they do n't have any records on my policy. Please investigate XXXX XXXX, XXXX. who is a fake Seller who committed fraud ; perjury ; forgery ; deceptive practices and put me under extreme emotional distress I suffered dealing with this situation and finding these shocking details. 

Please contact me in writing as soon as possible regarding this matter. 

Sincerely, XXXX XXXX XXXX XXXX XXXXXXXX LIES | Wells Fargo Banks XXXX XXXX XXXX XXXX XXXX Estate XXXX XXXX XXXX XXXX House is Bank Owned, Foreclosed

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