Wells Fargo- has lien on property that was a secured loan...dismissed / charged off in January. (according to everyone at WF)
first mortgage is current. sales price satisifes first mortgage....but not the WF LIEN.....the lien....exceeds the sales price and fmv......the lien is from another SS the sellers successuflly completed in Jan 2011......WF agreed....closed...
but.....since the property closed in January was CROSS collateralized by current property....they placed…
ContinueAdded by Dr. Rodney K.Elkins on October 9, 2011 at 1:34pm — 1 Comment
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