Wells Fargo Screwed Me!!!!!

by James Biando
(East Brookfield, Massachusetts 01515)



I asked for a modification from Wells Fargo last year. After many months of confusing payments directed by Wells Fargo's well trained staff (Hah!) I was told to pay this and then told not to worry and don't pay that for many months (6).

Finally after my 4000 phone calls I received a package for a loan modification with $200.00 higher payments. I called Wells Fargo and told them I could not afford the higher payments.

I was told if I don't agree with the modification terms MY HOUSE WILL BE SOLD!

Wells Fargo said this was the best they could do!

Now I am barely able to make the payments and Wells Fargo will not work with me to reduce my payments even though I have the income to make the payments at a lower plan.

I guess the Obama Plan to help people for a short time is a joke!!!!!

Wells Fargo Mortgage Loan Modification Answer:

by Wells Fargo Mortgage Loan Modification Expert - Dan North

This is something Wells Fargo and other lenders would like to have you believe but it is not true: You do not have to accept their first offer. You can make a counter offer and should if you do not benefit form the offered loan modification.

Make A Counter Offer By Qualified Written Request

Make your Qualified Written Request by following the directions at How To Save House From Foreclosure - 3 Ways To Stop A Foreclosure Sale and start writing your Qualified Written Requests. Make sure that you send carbon copies to the CEO, Legal Department, Public Relations Dept as well as your Loss Mitigation Officer and the Dept Head of Loss Mitigation. Send each separately so that it does not go all to one person in Loss Mitigation who will not forward it. Ideally send by registered mail but you can fax and/or Fed Ex the QWR's.


Return to top of page

Click here to post comments.

Return to Mortgage-Loan-Modification-Answers Home page from Wells Fargo Screwed Me!!!!!



Apply for No-Upfront Fee Hardship Loan Modification
Find out for yourself. Apply for no-upfront fee hardship loan modification even if you do not qualify for the Government Making Home Affordable Modification Program. You may qualify for a No-Upfront Fee Hardship Loan Modification. (Currently available in California, Oregon and Washington more states being added)

DIY Loan Modification Kit
Are you looking for a DIY Loan Modification Kit that will walk you through the entire process of modifying you loan? Then read on. Gain the competence you need to submit and negotiate like a PRO - with real insider advice on how to negotiate a modification.


See other Wells Fargo Mortgage Loan Modification problems, questions and horror stories like - Wells Fargo Screwed Me!!!!!

Not Sure What I Can Do About Wells Fargo 1st And Chase 2nd - I Need Help!

Current Loan Modification Question

Wells Fargo Mortgage Loan Modification Question

Wells Fargo Rejected Our Making Home Affordable Modification Program Request

When Should I Stop Trying To Modify My Loan With Wells Fargo?

My Wells Fargo Horror Story

Working On An In-House Loan Modification With Wells Fargo

What Options Will I Have (If Any) With Wells Fargo?

Divorced And Only On Deed Of Trust

Three Trial Period Payments And No Modification From Wells Fargo. Help!!

Wells Fargo Said They Made A Mistake

Comments for
Wells Fargo Screwed Me!!!!!

Average Rating starstarstarstarstar

Click here to add your own comments

Rating
starstarstarstarstar 		lovehairweave. NEW
by: lovehairweave.

The result is a look cheap hair weave is rolled and that can really help someone to look sophisticated with best weave hair. The sides of the cheap weave are usually pulled back and then the discount weaves is loose at the nape of the hair weft. For women who have long bands this look with remy weave hair is one that allows more of their facial features to be identified.
Rating
starstarstarstarstar 		www.coachoutletstoreonlinefei.com NEW
by: Coach Outlet Online

http://www.coachoutletstoreonlinefei.com / Coach Outlet
http://www.coachoutletstoreonlinefei.com / Coach Outlet Online
http://www.coachoutletstoreonlinefei.com / Coach Factory Outlet
http://www.coachoutletstoreonlinefei.com / Coach Outlet Store Online
Rating
starstarstarstarstar 		Costumer care specialists are never there NEW
by: Anonymous

I agree with the comments, anytime we call them, we never get to their phone directly, it is always their answering service.They never call back and the hold time is crazy. I believe Wells Fargo finds it mor profitable if people loose their house to them rather than owners make regular if less payments.
Rating
starstarstarstarstar 		cheated NEW
by: Anonymous

find it interesting that rogue lenders are taken off this website. Why state your abuse if ignored?
Rating
starstarstarstarstar 		Wells fargo screwed me to NEW
by: Anonymous

We were having problems keeping up with our mortgage payments because of an unexpected illness preventing me from working for an extended period of time. So, we sold our house for what we could. It required a short sale. Wells fargo would loose about 5k out of 400k, we could have easily made arrangements to pay that off over time.

Due to their taking 6.5 months to approve the short sale (usually 30 days)and only 6 months to foreclose on our house it pushed us into bankruptcy ch 7.

Now after almost 2 years they started calling us every day and are telling us they did not foreclose so our loan could not be discharged. Despite all the paperwork evicting us from the house, their firing our real estate agent and taking her sign down and putting up a sighn from someone else, changing the locks on the doors to the house and forcing us to move out prior to getting evicted they say they didn't do all that.

Then, on Saturday I get this letter from from the federal Gov asking if we have been financially injured as a result of how Wells Fargo has handled our foreclosure.

This is not the America I was defending in 8 years of service to the Army.
Rating
starstarstarstarstar 		Wells Fargo Games
by: Anonymous

Wells Fargo is the worst bank to work with for anything.

We have been denied as of today, are Home preservation specialist never calls back (jonny c), however on his voice mail it does say within 72 hours he will return your call,(ha,ha) we have called everyday for the last 2 weeks.

Now today we called 6 times to get Hung up on all 6 times, then finally to be told we have been denied due to income not enough to afford are home.

We ask about HAMP and we were told not to read the media info as most of it is incorrect.

My wife has became terminally ill almost 1 yr ago, and is unable to work, she was always a full time employee.
What do I do now, I'm 4 mo behind.

Their option is liquidation or short sell, our house is $40,000 negative equity.

Wells Fargo Mortgage Loan Modification Answer:

by Wells Fargo Mortgage Loan Modification Expert - Dan North



Follow the directrions in How To Save House From Foreclosure - 3 Ways To Stop A Foreclosure Sale and ask that your denial be escalated to executive level to be re-evaluated for HAMP eligibility.

Send a seperate Qualified Witten Request (QWR) asking for a copy of the note with all endorsements and copy of all mortgage asignments, specify that you want true copies of the fully executed documents requested.

Make sure you send a copies of these requests to the CEO.

Click here to add your own comments

Join in and write your own page! It's easy to do. How?
Simply click here to return to Wells Fargo Mortgage Loan Modification Questions