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>> WELLS FARGO Latest News

FEB 01, 2013 - Washington Business Journal

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Wells Fargo seeks foreclosure on 103,000-square-foot warehouse

A Fort Lauderdale warehouse that’s leased to Nationwide Laboratory Services could be seized by Wells Fargo Bank. The bank (NYSE: WFC) filed a foreclosure lawsuit on Jan. 17 against MRB LLC. The managing member of the borrower is Ricki Robinson, who wasn’t named in the lawsuit. The 2008 loan was signed by Mark Ginsburg on behalf of MRB. Miami attorney Jose G. Sepulveda, who represents Wells Fargo in the lawsuit, said the bank is owed mortgages of $3.3 million and $2 million from MRB. The lawsuit…

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