Wells Fargo is suing itself to clear title on a property in order to foreclose on it; as the first mortgage holder, it must sue all subsequent mortgage holders, including the second mortgage holder...Wells Fargo!
The condo owner's attorney, Dan McKillop, suggested that the reason had to do with paperwork. While a lender could avoid suing itself as a lienholder by just releasing the lien after the foreclosure, that apparently involves an extra step or steps, which end up making it easier and faster for the bank to sue itself. That may be -- I don't pretend to understand this area of law -- but generally it is against the rules to file a complaint that you know cannot succeed (for example, because you can't recover against yourself), even if it may come in handy for some reason. Maybe this is in fact a clever strategy, or maybe, as a professor quoted by FOX Business suggested, "[t]his is just folks cranking out paperwork without conscious thought."
Financial Crisis Comes Full Circle As Bank Sues Itself
In China, teens and twentysomethings are wearing little plastic accessories on their heads in the shape of tiny little sprouts, fruit, or flowers. Nobody’s exactly sure where or how the trend started, but it’s… growing.
Squatty Potty is a $28 footstool that slides away under your toilet; you use it to bring your knees up to a squatting position while you poop, which makes pooping much, much easier.
Adam Conover latest “Adam Ruins Everything” is five depressingly hilarious minutes on aviation security, security theater, privacy, and ritual humiliation, with a guest-appearance by Bruce Schneier. If you didn’t laugh, you’d have to cry, although you can always do both, right?
It’s time for a power upgrade — throw out that tired-out power strip and swap in this family-size USB charger, packed with 6 high-speed ports. With a built-in control chip, Kinkoo optimizes each port to ensure the fastest charging possible for all your devices. The Kinkoo is made from high-grade and durable materials so you […]
Watching Netflix, Hulu or other streaming services can unfortunately be difficult while traveling outside the US. Rather than bypass these restrictions with the help of a complex and slow VPN, choose a faster and simpler solution with Getflix. Instead of rerouting all your Internet traffic through a different server, this handy service only routes the […]
Shake, stir, and muddle your way to delicious homemade cocktails with this must-have bar set. Expect only the finest quality tools from MakersKit — enabling you to unleash your inner mixologist.Top 12 Favorite Things of 2014, Sunset MagazineQuart-size vintage-style Mason jar shakerRetro double jigger for accurate measurementsStrainer & spouts for a mixologist-style smooth pourHardwood muddler […]