Download our Free BrochureHow to avoid Foreclosure
Do you want to save your home?
We specialize in out-of-court resolutions of Mortgage Foreclosures by negotiating with your lender. Let our expertise help you save your home. We can give you the Foreclosure help you need.
-
Stop Foreclosure News
Please call our Toll Free number
1-866-544-0990 or fill out our FREE QUESTIONNAIRE and we will respond to you promptly
|
|
|
|
|
 |
 |
|
|
|
How can I buy the home back in the redemption period?
March 27, 2008
Home was sold in foreclosure nov. 2007. I tried for a week by phone to avoid foreclosure but got the run around from both the mortgage company and the attorneys for the mortgage company. I need information as to how to retrieve my home with right of first redemption. I also need information to help me determine if what they did was legal, ie, not giving me correct information on the phone, not allowing me to send in payment that would have taken me out of foreclosure (i had the money). I was in a repayment plan and the third payment that i sent was returned to me because it was $15 short. They proceeded with foreclosure when they returned the check to me.
Comments
HOW CAN I BUY MY HOME BACK FROM NATIONSTAR CAN YOU TELL ME.WHAT DO I HAVE TO DO. ARE CAN I RENT TO OWN
there's not much you can do. you are also correct that how could you give such a vital information on the phone to somebody when you are not sure of the person. consult a lawyer, he will definitely help you in these troubled times
IT SOUNDS LIKE WELLS FARGO DID THE SAME THING TO YOU. MY LAWYER SAYS THERE IS STILL HOPE FOR YOU, EVEN THOUGHT YOUVE LOST YOUR PROPERTY. WE ARE IN THE PROCESS OF FILING A CLASS ACTION LAWSUIT AGAINST WELLS FARGO. PLEASE CONTACT HIM ASAP. MEB101331@AOL.COM
HERE IS MY STORY...
WELLS FARGO LOSS MITIGATION – they aren’t as stupid as you think…..
FOR 9 MONTHS I DEALT WITH WELLS FARGO & THERE LOSS MITIGATION DEPARTMENT. THEY HAD ME APPLY FOR A TOTAL OF 5 LOAN MODIFICATIONS, JUST SO THEY COULD STRING ME ALONG & BUY TIME. THEY DESTROYED MY CREDIT SO I COULDN’T RE-FINANCE & CONSISTENTLY REFUSED PAYMENTS FROM ME SO I COULD NOT RE-INSTATE MY LOAN. 15 DAYS BEFORE THE TRUSTEE SALE/PUBLIC AUCTION DATE OF OUR PROPERTY, WE WERE GIVEN A $38K PAY OR QUIT RE-INSTATEMENT QUOTE & TO THEIR SHOCKING SUPRISE, WE PAID IN FULL.
IF YOU HAVE FOUND YOURSELF IN ONE OR MORE OF THE FOLLOWING SITUATIONS WITH WELLS FARGO-YOU ARE NOT ALONE & WE NEED YOU TO HELP US FIGHT BACK.
ANYONE INTERESTED IN JOINING A CLASS ACTION LAWSUIT—PLEASE CONTACT MY LAWYER MR. MILES BRASCH. meb101331@aol.com
1. IF A WELLS FARGO REPRESENTATIVE TOLD YOU TO NOT MAKE PAYMENTS WHILE APPLYING FOR A LOAN MODIFICATION, OR MORE SPECIFICALLY, TO NOT MAKE 3 PAYMENTS, OR THAT YOUR LOAN HAD TO BE IN DEFAULT TO BE APPROVED.
2. YOUR CREDIT RATING WAS AFFECTED DURING THE PROCESS
3. THEY REFUSED/WOULD NOT ACCEPT PAYMENT FROM YOU AT ANY POINT DURING THA LOAN MODIFICATION PROCESS.
OR IF ANY OF THIS SOUNDS FAMILIAR TO YOU—YOU MAY BE ABLE TO JOIN US.
ONCE AGAIN-MY LAWYERS NAME IS MILES BRASCH & HE CAN BE CONTACTED VIA EMAIL AT: meb101331@aol.com
NAME IS ANYA BURNHAM & I WOULD BE MORE THAN HAPPY TO HELP ANYONE ALSO. ANYA@GOPUI.COM
THIS IS MY ENTIRE STORY…
In January of this year, we contacted our mortgage company, Wells Fargo in an attempt to lower our monthly mortgage payment via a loan modification. At that point our loan was current & up to date.
They first told us to freeze our payments & that a mod could not be approved if we made any payments within the 90 day period that our application was being processed. When I asked why, I was told that the loan had to be in default for a modification to be approved & that the past due amount would be applied back to the principal, therefore stretching out the terms of the loan, thus a modification.
They said to fax a profit & loss statement, along with proof of income/bank statements, & a hardship letter.
2 days later I faxed over 27 pages to their loss mitigation department & after several attempts, they finally confirmed that it was received. I inquired again about why we should freeze our payments, and was told the same thing & advised to call every couple of weeks to ‘check in'. I did this for 3 months & they continued to tell me the same thing-the application was being processed, to still not make a payment.
Finally, 3 months later, I received 2 letters from Wells Fargo.
1. The first one said ‘unfortunately' our application for a loan modification was ‘denied' & the decision was based on us not being able to ‘come to an agreement', continuing on, that there may be other options, but in our case there were ‘no other options'.
2. The other letter was a statement reflecting a balance of $17,000 due immediately, and if payment was not received in less than 2 weeks, ‘foreclosure proceedings will begin'.
I called wells fargo & was disconnected 3 different times after explaining my story. Finally, I spoke to a rep that informed me the reason for our request being denied was 'missing information'. Apparently they ‘left a message' requesting more ‘current documentation' the same day they denied our application.
I check the answering machine daily-they never left a message
They take 90 days to ‘process' our application & then decide on the 89th day that the information is out of date?
The representative advised me of the following 3 options;
1. Pay the delinquent balance of $17,000 in full.
2. Request a re-payment plan, which would require me to pay $8,000 up front & the rest I could pay off in addition to my monthly payment-actually making it higher
3. Re-apply for the modification, HOWEVER-the house will be in foreclosure, but they would ‘freeze the force sale' while my request was in review.
I asked if I could have a couple of hours to get all of the money together into 1 account & call back. Apparently there was 'no call back number', but the rep could call me back at 4:00 that day.
I never received a call back that afternoon, BUT I GOT AN UNEXPECTED VISITOR—to my surprise, I found a woman taking pictures of the property. I approached her only to find that she was a representative of Wells Fargo conducting a ‘property inspection'. This is when I started to realize that something was definetly going on.
The following business day, I called the loss mitigation department, explaining that I never received the call & that I wanted to pay the balance in full. This is when I was informed that they (Wells Fargo) were unable to accept a payment from me at that time. I tried escalating it to a manager, and no one was available. I tried calling several different Wells Fargo Mortgage Phone numbers, trying to pay but every time I was re-directed to the Loss Mitigation Dept.
It was at that point I decided to hire a lawyer & since that time,Wells Fargo:
Continued to refuse payment from us (they return our checks back to us via US Mail).
Sent men in black suits to our property on 3 occasions, asking who occupies the house, what the condition of the interior is like, taking pictures, walking along the property lines, not answering any of our questions.
Forced us to re-apply a total of 5 times for the modification & requested updated documentation 17 times (this includes profit/loss, bank statements, taxes, w-2, and so much more). Everyone of the 17 times I had to re-submit the information, they would claim that they did ‘not' receive our faxes the first 3 or 4 times, making us wait 3 days each time for them to ‘process' –all in an effort to string us along while they were buying time, as our property was scheduled for ‘public auction’ on September 17th.
In the past, prior to applying for a loan mod, If a payment wasn't received 2 days BEFORE our due date, they would call three times a day, demanding payment. I did not received one call from them since the day I called & requested our loan be modified.
Wells Fargo has violated RESPA LAWS by completely ruining our credit, making it impossible for us to be able to re-finance. This has changed the terms on all of our other accounts, raising our interest rates, decreasing the available balance & affecting our credit significantly. My husband had a credit score of 875 last year. Now he is in the very low 600's.
On September 1st, two weeks before the public auction date, they told my lawyer that they had received all of the paperwork & they were waiting for our application to be assigned to an agent. I couldn’t count the amount of times I had read that same statement from different people in the same situation. This is not a coincidence, and neither is the fact that there are over a hundred other families across the country that have stories that are identical to mine.
WE PAID LOANSTAR TRUSTEE SERVICES (Also owned by Wells Fargo) $37k ON SEPT 8TH…
THE AUCTION DATE WAS SET FOR SEPT 17th (TODAY)
HERE IS MY STORY...
WELLS FARGO LOSS MITIGATION – they aren’t as stupid as you think…..
FOR 9 MONTHS I DEALT WITH WELLS FARGO & THERE LOSS MITIGATION DEPARTMENT. THEY HAD ME APPLY FOR A TOTAL OF 5 LOAN MODIFICATIONS, JUST SO THEY COULD STRING ME ALONG & BUY TIME. THEY DESTROYED MY CREDIT SO I COULDN’T RE-FINANCE & CONSISTENTLY REFUSED PAYMENTS FROM ME SO I COULD NOT RE-INSTATE MY LOAN. 15 DAYS BEFORE THE TRUSTEE SALE/PUBLIC AUCTION DATE OF OUR PROPERTY, WE WERE GIVEN A $38K PAY OR QUIT RE-INSTATEMENT QUOTE & TO THEIR SHOCKING SUPRISE, WE PAID IN FULL.
IF YOU HAVE FOUND YOURSELF IN ONE OR MORE OF THE FOLLOWING SITUATIONS WITH WELLS FARGO-YOU ARE NOT ALONE & WE NEED YOU TO HELP US FIGHT BACK.
ANYONE INTERESTED IN JOINING A CLASS ACTION LAWSUIT—PLEASE CONTACT MY LAWYER MR. MILES BRASCH. meb101331@aol.com
1. IF A WELLS FARGO REPRESENTATIVE TOLD YOU TO NOT MAKE PAYMENTS WHILE APPLYING FOR A LOAN MODIFICATION, OR MORE SPECIFICALLY, TO NOT MAKE 3 PAYMENTS, OR THAT YOUR LOAN HAD TO BE IN DEFAULT TO BE APPROVED.
2. YOUR CREDIT RATING WAS AFFECTED DURING THE PROCESS
3. THEY REFUSED/WOULD NOT ACCEPT PAYMENT FROM YOU AT ANY POINT DURING THA LOAN MODIFICATION PROCESS.
OR IF ANY OF THIS SOUNDS FAMILIAR TO YOU—YOU MAY BE ABLE TO JOIN US.
ONCE AGAIN-MY LAWYERS NAME IS MILES BRASCH & HE CAN BE CONTACTED VIA EMAIL AT: meb101331@aol.com
NAME IS ANYA BURNHAM & I WOULD BE MORE THAN HAPPY TO HELP ANYONE ALSO. ANYA@GOPUI.COM
THIS IS MY ENTIRE STORY…
In January of this year, we contacted our mortgage company, Wells Fargo in an attempt to lower our monthly mortgage payment via a loan modification. At that point our loan was current & up to date.
They first told us to freeze our payments & that a mod could not be approved if we made any payments within the 90 day period that our application was being processed. When I asked why, I was told that the loan had to be in default for a modification to be approved & that the past due amount would be applied back to the principal, therefore stretching out the terms of the loan, thus a modification.
They said to fax a profit & loss statement, along with proof of income/bank statements, & a hardship letter.
2 days later I faxed over 27 pages to their loss mitigation department & after several attempts, they finally confirmed that it was received. I inquired again about why we should freeze our payments, and was told the same thing & advised to call every couple of weeks to ‘check in'. I did this for 3 months & they continued to tell me the same thing-the application was being processed, to still not make a payment.
Finally, 3 months later, I received 2 letters from Wells Fargo.
1. The first one said ‘unfortunately' our application for a loan modification was ‘denied' & the decision was based on us not being able to ‘come to an agreement', continuing on, that there may be other options, but in our case there were ‘no other options'.
2. The other letter was a statement reflecting a balance of $17,000 due immediately, and if payment was not received in less than 2 weeks, ‘foreclosure proceedings will begin'.
I called wells fargo & was disconnected 3 different times after explaining my story. Finally, I spoke to a rep that informed me the reason for our request being denied was 'missing information'. Apparently they ‘left a message' requesting more ‘current documentation' the same day they denied our application.
I check the answering machine daily-they never left a message
They take 90 days to ‘process' our application & then decide on the 89th day that the information is out of date?
The representative advised me of the following 3 options;
1. Pay the delinquent balance of $17,000 in full.
2. Request a re-payment plan, which would require me to pay $8,000 up front & the rest I could pay off in addition to my monthly payment-actually making it higher
3. Re-apply for the modification, HOWEVER-the house will be in foreclosure, but they would ‘freeze the force sale' while my request was in review.
I asked if I could have a couple of hours to get all of the money together into 1 account & call back. Apparently there was 'no call back number', but the rep could call me back at 4:00 that day.
I never received a call back that afternoon, BUT I GOT AN UNEXPECTED VISITOR—to my surprise, I found a woman taking pictures of the property. I approached her only to find that she was a representative of Wells Fargo conducting a ‘property inspection'. This is when I started to realize that something was definetly going on.
The following business day, I called the loss mitigation department, explaining that I never received the call & that I wanted to pay the balance in full. This is when I was informed that they (Wells Fargo) were unable to accept a payment from me at that time. I tried escalating it to a manager, and no one was available. I tried calling several different Wells Fargo Mortgage Phone numbers, trying to pay but every time I was re-directed to the Loss Mitigation Dept.
It was at that point I decided to hire a lawyer & since that time,Wells Fargo:
Continued to refuse payment from us (they return our checks back to us via US Mail).
Sent men in black suits to our property on 3 occasions, asking who occupies the house, what the condition of the interior is like, taking pictures, walking along the property lines, not answering any of our questions.
Forced us to re-apply a total of 5 times for the modification & requested updated documentation 17 times (this includes profit/loss, bank statements, taxes, w-2, and so much more). Everyone of the 17 times I had to re-submit the information, they would claim that they did ‘not' receive our faxes the first 3 or 4 times, making us wait 3 days each time for them to ‘process' –all in an effort to string us along while they were buying time, as our property was scheduled for ‘public auction’ on September 17th.
In the past, prior to applying for a loan mod, If a payment wasn't received 2 days BEFORE our due date, they would call three times a day, demanding payment. I did not received one call from them since the day I called & requested our loan be modified.
Wells Fargo has violated RESPA LAWS by completely ruining our credit, making it impossible for us to be able to re-finance. This has changed the terms on all of our other accounts, raising our interest rates, decreasing the available balance & affecting our credit significantly. My husband had a credit score of 875 last year. Now he is in the very low 600's.
On September 1st, two weeks before the public auction date, they told my lawyer that they had received all of the paperwork & they were waiting for our application to be assigned to an agent. I couldn’t count the amount of times I had read that same statement from different people in the same situation. This is not a coincidence, and neither is the fact that there are over a hundred other families across the country that have stories that are identical to mine.
WE PAID LOANSTAR TRUSTEE SERVICES (Also owned by Wells Fargo) $37k ON SEPT 8TH…
THE AUCTION DATE WAS SET FOR SEPT 17th (TODAY)