Loan Modification with Wells Fargo

you need to be working with a loan modification. Give us a call and we will give you a free consultation

Oh Lloyd, I'm sorry I can't help, however, my family & I are in the same, exact boat! Same company, 9 months behind, drug through the loan-mod process...Except for us, it started back in Nov. of last year. Now we're setting in the 'forbearance' boat, right next to your family. I, TOO, don't want to sign the paper that says we pay this huge amount at the end of December...Week after Christmas, are they crazy? Anyways, I found this site looking for some answers. Looking for Grants or any kind of help. I don't want to lose our earthly home! What the kicker for us, was, it was after the 3rd modify failed, THEN did they tell me that they won't consider 'unemployment' as stable income....& since I, the wife, didn't make as much, we weren't approved. His was the main source. Man I hope you get things worked out...Have you heard anything since you've posted this? Just know you're not alone! I can't believe I found someone going thru the same thing!!! I'll say a prayer for you & your family as well....
Also, any websites that you've found helpful, thanks

Also Lloyd, they say we're still committed to the 'forbearance' anyways! I don't know how they can do that without my signature on the paper to agree... However, it may be the only thing from holding off the forbearance! They've told me, when the date comes for the balloon, & I can't pay, to call them a couple days before & let them know. They will then start the loan re-modify AGAIN & that is my ONLY way to put-off the forclosure... Don't ya wish they'd read us the fine print & be completely thorough Before getting us to agree to anything? If I only knew what I know now, I'd have known not to mess with it because we weren't elegible yet till he was off 'unemployment'!

I applied for a Wells Fargo Home Mod Loan in May of this year. And then the horror began. They passed me onto three people, two of which did nothing to process my application. By the time it got the the third person my paperwork for the government was expired from the date I originally applied. I had to re-submit again. Then I heard nothing after calling and calling and was told "in process". I kept my payments current. Then in September I was told "we can do more for you if you are delinquent". So, I only sent a partial payment in September and no payment for October or November. Then in November I was told again, "I don't want to tell you not to pay, but you are only 59 days behind and we consider 60 days delinquent". Ok, so I didn't pay anything again. Oh by the way, they lost me in the system again. Then on December 9th I was told that I was denied the Home Mod loan due to debt to income ratio was too high. Ok, So now I call quickly the other side of the mortgage company and asked what I could do to bring the arrears up to date. Now remember, I was only 90 days behind. I was told "no problem, you owe XXX and you aren't due to go to foreclosure until January 29th. Send the certified check in and you'll be fine." This conversation is documented in my file at Wells Fargo. Well Guess what - they turned me over to their foreclosure lawyers on December 10, the next day!!!!. I get a letter from the lawyers on December 15th. My mortgage wasn't even 120 days behind. Now the only thing I can do is pay the arrears to the Lawyer (Wells' Fargo will not accept payment) along with their attorney fees which is "under $1,000". Or, as Wells Fargo so eloqquently stated, You can do a short sale". Wells Fargo is a horrible, mis-managed company which received millions of dollars from the government. Each department does not know what the other depts. are doing. They have a call center that calls weekly with no knowledge of the status the the loan and had the audacity to ask me"Oh, we see that you paid August payment and you are current. Would you like to pay next month's mortgage payment (this was on August 18th). This is after I had been waiting for months for an answer and hearing excuse after excuse. I really advise anyone who reads this to not get tangled up with Well's Fargo Bank!