[WSBAPT] Wells Fargo

[Mike Winslow]

One of my colleagues from the real estate lists added concerning the statute
I posted as follows:
 
 
Bear in mind that the code section referred to only applies if the title
insurance company, title insurance agent, licensed escrow agent, or attorney
paid the beneficiary's demand in full from escrow at the time of payoff.  
 
 
Gretchen Valentine | NW Regional Underwriting Counsel
Title Resources
Phone: 206-962-7744 | 
 
So Jennifer, you would need to find the escrow company that handled the
payoff ten years ago and see if they still have a file and proof of payment.
Otherwise you must go the route I suggested of suing Wells Fargo and seeking
fees and damages. You will still need some proof of payment from the
decedent's records to prevail in the suit.
 
Michael A. Winslow
1204 Cleveland Ave.
Mount Vernon, WA 98273
Ph. 360-336-3321
Em. Mike at winslegal.com
 
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intended recipient, it's too late to stop reading this message, but you may
not use it for any improper purpose. Huge Disclaimer available upon request.
 
From: wsbapt-bounces at lists.wsbarppt.com
[mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Jennifer C. Rydberg
Sent: Wednesday, May 16, 2018 8:08 AM
To: wsbapt at lists.wsbarppt.com
Subject: [WSBAPT] Wells Fargo
 
How does one obtain a Reconveyance Deed from Wells Fargo?
 
Facts:  Client's mother obtained a Wells Fargo $100K HELOC and secured her
real estate with a Deed of Trust to Wells Fargo over a decade ago.  There's
been no activity on the account for years and a $0 balance when mother died
last year.  At sale of the real estate, the escrow company was unable to get
Wells Fargo to respond to its numerous requests to clear title or certify
the balance owed.  I tried mailing a request to the Wells Fargo CEO in San
Francisco, with no response.   The real estate recently sold, but the escrow
company held back $100K because there is no reconveyance deed.  
 
Your thoughts on how to obtain the needed reconveyance deed will be greatly
appreciated.  Is anyone aware of a class action lawsuit against Wells Fargo
that is dealing with this issue?
 
With kindest regards,
 
Jenny Rydberg 
 
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