Wells Fargo Caught Using Robo-Signers -- So Why Haven't They Halted Foreclosures Yet?

Photo: NASARobonautvia Flickr

Wells Fargo could be next.The company used the same robo-signing tactics asĀ  JPMorgan, Bank of America, and GMAC, according to the Financial Times.

One signer of foreclosure documents said she signed as many as 500 a day.

But here’s the question: why hasn’t Wells halted foreclosures yet like its rival?

We’re guessing they won’t be the last holdout for long.

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