Wells Fargo Raids Bank Account

of a Homeowner in Foreclosure

*Disclosure — I have never heard of this happening in Nevada so I do not know with any certainty that it could happen in Nevada.

According to a statement by Wells Fargo, Federal & State Laws allowed them to automatically drain the account of a Tempe, Arizona homeowner.

Click on the following link to view a news story of what happened to one Tempe, Arizona homeowner in foreclosure:

Wells Fargo Drains Bank Account of Financially Distressed Homeowner

Wow… No mercy and what an incredibly bad PR move. Joe the Realtor® is broke, distressed because he is losing his home and Wells Fargo snatches away the money his mom sent him for his upcoming wedding.

I wonder if Joe the Realtor® is going to be referring any clients over to Wells Fargo for a home loan anytime soon??