Mortgage outsourcer QRL the latest to start buying correspondent eNotes

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Wells Fargo is Freezing ALL accounts for Chapter 7 Debtors The debtors filed for Chapter 7 bankruptcy in August 2009. They held four accounts at wells fargo bank at the time with a total balance of about $17,000, which they did not claim as exempt in their original Schedule C. Wells Fargo runs an automated computer program that compares the names of new Chapter 7 cases to those of account holders.

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Mortgage outsourcer QRL the latest to start buying correspondent eNotes QRL Financial Services, the mortgage outsourcing division of First Federal Bank of Florida, is the latest investor to seek out better secondary market execution by purchasing electronic notes from correspondents.