Wells Fargo (NYSE:WFC), US Bancorp (NYSE:USB) Lose Foreclosure Case – Ramifications?

Filed in Gold Bullion prices, o, ubs, Wells Fargo by on January 7, 2011 0 Comments

Massachusetts’ highest court told Wells Fargo (NYSE:WFC) and US Bancorp (NYSE:UBS) their seizure of two homes wouldn’t be allowed after they failed to prove they owned the mortgages at the time of the seizure. The court effectively voided the seizure of the two homes, generating possible ramifications across the U.S. market concerning foreclosures. What this basically does is slow down the

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Wells Fargo (NYSE:WFC), US Bancorp (NYSE:USB) Lose Foreclosure Case – Ramifications?

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