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Loan Modification

: Mortgage Lender Implode-o-Meter

Wells Fargo: Loan Repurchase Reserve Liability Of $1.3 Billion On $144 Billion In Loan Originations

By Implode-Explode Heavy Industries

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"The only pages in Wells Fargo's typically labyrinthine earnings release were 26 through 30, in which Warren Buffett's bank, which continues to be in denial over Fraudclosure and still refuses to admit it also was a RoboSigner, discloses its putback/repurchase liability."

Full post as published by Mortgage Lender Implode-o-Meter on October 20, 2010 (boomark / email).

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