• Report: #753505

Complaint Review: Wells Fargo Home Mortgage

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  • Submitted: Friday, July 15, 2011
  • Last Posting: Friday, July 15, 2011
  • Reported By: Emma Rombick — Edina Minnesota USA
Wells Fargo Home Mortgage
Internet United States of America

Wells Fargo Home Mortgage Tricked into foreclosure ? Senate Testimony, 2011 "Effect of Servicer Incentives on Default Outcomes" Internet

*Consumer Suggestion: I don't get it


1Author 1Consumer 0Employee/Owner

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Here it is: Just what we've all been trying to figure out. If you're not mad you're not paying attention.

http://banking.senate.gov/public/index.cfm?FuseAction=Hearings.Testimony&Hearing_ID=f7e75053-78b6-4a27-b2bb-0e8ebca7d7f5&Witness_ID=d9df823a-05d7-400f-b45a-104a412e2202

United States Subcommittee on Housing, Banking and Urban Affairs ( abbr ) May 12, 2011


Written Testimony Diane E Thompson National Consumer Law Center. 
Read this if you want to help change the system. If you don't have time just go to page 20 and look at the red and green graph. Sit down first.

Catch your breath and then go here.

https://www.wellsfargo.com/press/2008/20080725_Coffin_Testimony

United States States House of Representatives Financial Services Subcommittee July 25, 2008
Testimony in a news release from Wells Fargo by Mary Coffin, EVP of Wells Fargo Home Mortgage Servicing.

I hope this is not too late to help you. If not, we'll soon be a nation of renters. Spread the word. Don't modify unless you have to. Rent out your spare bedroom instead. Anything else. 

Been there,

E.R. Edina, MN


This report was posted on Ripoff Report on 7/15/2011 2:20:21 PM and is a permanent record located here: http://www.ripoffreport.com/loan-modification/wells-fargo-home-mor/wells-fargo-home-mortgage-tri-3e3a3.htm. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Consumer Suggestion

I don't get it

AUTHOR: Susan - This City (USA)

How could any bank trick you into forclosure if you were making your mortgage payments? 

Did they hold a gun to your head to force you to sign the mortgage and again to force you into not making the mortgage payment? 

Call Obama, he loves to bail out losers and pay people with money to buy new cars and appliances.
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