Wells Fargo wrongfully foreclosed on a home near near Twentynine
Palms, California, removing and then destroying an old couple's
belongings. 3 Months ago, Wells Fargo sent subcontractors to Alvin and
Pat Tjosaas home. The only problem was that it was the wrong house.
The subcontractors Wells Fargo sent crushed windows and stole valuables while foreclosing the couple's home. Alvin and Pat Tjosaas have been married for 56 years and had no mortgage on their property. Despite the incident having occurred 3 months ago, the bank has only offered an apology and an offer of compensation only since the media began reporting the story.
"The way it's been going, I don't think they really care. That's the way it's been for three months. Now, all of a sudden, it's you guys," Alvin said in an ABC interview, referring to the media. "Now, all of a sudden, they call me."
A concerning part of this story is not that Wells Fargo accidentally foreclosed on the wrong home and made a mistake, but that they offered no compensation until it became widely public. Do banks treat people like this simply because they can? Do they think they are above the law?
A second concern is the way they trashed the house when they repossessed it, suggesting that they weren't interested in trying to recover money, only in throwing the tenants out.
Currently, there are at least 50 pending lawsuits for this kind of behavior against Wells Fargo.
The subcontractors Wells Fargo sent crushed windows and stole valuables while foreclosing the couple's home. Alvin and Pat Tjosaas have been married for 56 years and had no mortgage on their property. Despite the incident having occurred 3 months ago, the bank has only offered an apology and an offer of compensation only since the media began reporting the story.
"The way it's been going, I don't think they really care. That's the way it's been for three months. Now, all of a sudden, it's you guys," Alvin said in an ABC interview, referring to the media. "Now, all of a sudden, they call me."
A concerning part of this story is not that Wells Fargo accidentally foreclosed on the wrong home and made a mistake, but that they offered no compensation until it became widely public. Do banks treat people like this simply because they can? Do they think they are above the law?
A second concern is the way they trashed the house when they repossessed it, suggesting that they weren't interested in trying to recover money, only in throwing the tenants out.
Currently, there are at least 50 pending lawsuits for this kind of behavior against Wells Fargo.
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