In an statement late yesterday, Wells Fargo announced that it will be filing amended foreclosure affidavits on approximately 55,000 properties in the 23 judicial foreclosure states.
Mike Heid, co-president of Wells Fargo Home Mortgage said, “In September 2010, borrowers who have completed foreclosure were on average 16 months delinquent on their payments. When all options have been exhausted, we believe foreclosures should not be delayed.”
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