Suit yourself

Posted July 13, 2009 at 4:51 PM

http://exurbanleague.com/2009/07/13/suit-yourself.aspx?ref=rss

Literally.

"As holder of the first (mortgage), Wells Fargo is suing all other lien holders, including the holder of the second (mortgage), which is itself.

'The primary reason is to clear title and ownership interest in a property to prepare it for sale,' Waetke said in an email
exchange. 'So it really is not Wells Fargo vs. Wells Fargo.'

Yet court documents clearly label 'Wells Fargo Bank NA' as the plaintiff and 'Wells Fargo Bank NA' as a defendant.

Suddenly, the Obama administration's plans to stimulate the economy make a lot more sense...