Wells Fargo, the second-biggest US mortgage servicer, has remained above the fray in recent weeks as banks have come under scrutiny for rubber-stamping thousands of mortgage documents without verifying their contents as required by law. Unlike Bank of America, JPMorgan Chase and GMAC, Wells Fargo has not halted foreclosures and has maintained that it has no problems with its procedures. Yet, a sworn deposition by one of its loan documentation officers suggests otherwise. Xee Moua said she signed as many as 500 foreclosure-related papers a day on behalf of the bank. Ms Moua said the only information she had verified was whether her name and title appeared correctly. Asked whether she checked the accuracy of the principal and interest that Wells Fargo claimed the borrower owed – an important step in banks’ legal actions to foreclose – Ms Moua replied: “I do not.”