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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Wells Fargo's "Reprehensible" Foreclosure Abuses Prove Incompetence and Collusion of OCC | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="nFB7einH1o"&gt;&lt;a href="https://www.nakedcapitalism.com/2013/04/wells-fargos-reprehensible-foreclosure-abuses-prove-incompetence-and-collusion-of-occ.html"&gt;Wells Fargo&#x2019;s &#x201C;Reprehensible&#x201D; Foreclosure Abuses Prove Incompetence and Collusion of OCC&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2013/04/wells-fargos-reprehensible-foreclosure-abuses-prove-incompetence-and-collusion-of-occ.html/embed#?secret=nFB7einH1o" width="600" height="338" title="&#x201C;Wells Fargo&#x2019;s &#x201C;Reprehensible&#x201D; Foreclosure Abuses Prove Incompetence and Collusion of OCC&#x201D; &#x2014; naked capitalism" data-secret="nFB7einH1o" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>Two bankruptcy cases in Louisiana that have revealed systematic, persistent foreclosure abuses by Wells Fargo have gotten enough media attention that it is inconceivable that banking regulators don't know about them. The lack of any intervention, or even so much as a throat-clearing by the Office of the Comptroller of the Currency is yet another proof of how the regulator apparently sees its role as fronting for banks rather than enforcing rules.</description></oembed>

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