1) They were lying about what documents they did or didn’t have so Wells (and others, but largely Wells) were foreclosing on the wrong house—like borrowers who

1) They were lying about what documents they did or didn’t have so Wells (and others, but largely Wells) were foreclosing on the wrong house—like borrowers who previously had a Wells loan but paid it off—or on people who were not past due. That’s unjust. 2) Play by the rules. If the rules say you have to have a documented chain of title and transfers of ownership of deeds of trust, do it. You and I would be laughed out of court at best, arrested and charged with fraud at worst, for doing what these people did. But they, because they did it at the behest of a large bank and “who could really know any better?”, got almost completely away with document fraud. Even if someone didn’t pay, the bank had no right to foreclose if Wells couldn’t prove it owned or had the right to enforce the loans. Everybody playing by the same rules and being rewarded or punished under them is just.