#1 Consumer Comment
AUTHOR: Ken - Greeley (USA)
SUBMITTED: Saturday, June 11, 2011
POSTED: Saturday, June 11, 2011
What, exactly, have they done that is illegal?
Can you cite this in your contract and provide it to an attorney?
If you can, get going, if not and "illegal" is just hyperbole..get over it, they probably have every right to expect their money or foreclose.
Sorry about your misfortunes.
#2 Consumer Suggestion
AUTHOR: J-arizona1 - Phoenix (U.S.A.)
SUBMITTED: Saturday, August 13, 2011
POSTED: Saturday, August 13, 2011
First of all, unless you ARE a practicing attorney, work in the legal field, or are a legal expert, you need not contribute. Wells Fargo has obviously been "ripping off" hundreds of thousands of people across the United States, as well as breaking MANY laws nationwide. I was a paralegal and legal secretary for many years in working in various types of law, and I know when someone is doing something illegal. Even if Wells Fargo wasn't "breaking laws," they are engaging in unethical business practices. We have been through the mill with these jerks (no libel here), and they deserve to be severely punished. I myself filed complaints with our State Attorney General, the USPS (for mail fraud - if someone "promises" you something via the mail, and they don't deliver, it's mail fraud), the Comptroller of the Currency, our local State Representatives, etc. I urge all of you who have been defrauded by Wells Fargo to seek similar action. If you cannot afford an attorney (like us), do whatever you CAN do. Sooner or later, someone will take notice.
#3 Consumer Comment
AUTHOR: coast - (USA)
SUBMITTED: Saturday, August 13, 2011
POSTED: Saturday, August 13, 2011
"we were behind"
That's why it's not a rip off.
"I know when someone is doing something illegal."
You are in foreclosure due to your failure to honor the payment agreement. It is not due to illegal activity by Wells Fargo. They are not required to honor your request for a loan modification.
#4 Consumer Comment
AUTHOR: mr rik - miami (USA)
SUBMITTED: Saturday, August 13, 2011
POSTED: Saturday, August 13, 2011
1722 REPORTS TODAY.
SCUMBAGS!
#5 Consumer Comment
AUTHOR: Stacey C - North Richland Hills (USA)
SUBMITTED: Wednesday, August 31, 2011
POSTED: Wednesday, August 31, 2011
Wells Fargo Home Mortgage is doing the same thing to me. After my husband had a massive heart attack and was unable to work for a short period of time, I called WFHM. They told me for MONTHS that they had all kinds of programs to help us, they would modify my loan, etc. and then put me in foreclosure. I have had to go the expense of retaining legal counsel to stop the sale of my home. I own more of my house than they do....owe approx $90K on a home worth $240K. I have received a Temporary Restraining Order stopping the foreclosure for 90 days. Now WFHM wanted me to reapply for Loan Modification, which, of course, they will deny me. What motive do they have to modify my loan? They stand to walk away with all the equity in my home. I was in constant contact with them for 7 months, contacted Making Home Affordable (Government Agency supposedly in place for this kind of problem) Have been lied to over and over again. I am curious as to whether anyone filing these same type of complaints would be interested in some kind of class-action suit against WFHM. As I understand it there are thousands of victims who have reached out for help on this website. My story is exactly as everyone else's....they keep denying the loan mod and requesting the same information they have had for months.
#6 Consumer Comment
AUTHOR: Karl - Highlands Ranch (USA)
SUBMITTED: Wednesday, August 31, 2011
POSTED: Wednesday, August 31, 2011
according to information available on the web.
Anyone can 'Google' this- WHO OWNS THE FED BANK, WHO CONTROLS WHO VIDEO, and watch it on the web. The charts being displayed at the beginning of that video are also available on the web.
Just 'Google' this- WHO OWNS THE FED?, and go to the site with the 5 charts. In 'Chart 3', you will see that Wachovia Corporation is listed, right? Wells Fargo bought Wachovia for $15.1 Billion in 2008, correct?
You can 'Google' this- WELLS FARGO BUYS WACHOVIA FOR $15.1 BILLION, and read the related articles on the web for proof.
So, it appears that Wells Fargo is now part of the organized crime syndicate, according to the video above entitled- "Who Owns The Fed Bank, Who Controls Who Video", wouldn't you agree?
*Here are four articles that you can 'Google' for more information that will most likely allow you to conclude that Wells Fargo is part of an organized crime syndicate-
1) WACHOVIA BANK AND WELLS FARGO: DRUG LAUNDERMATS TO THE WORLD
2) WELLS FARGO'S WACHOVIA ACCUSED OF LAUNDERING AT LEAST $110 MILLION
3) WELLS FARGO COMPLAINTS SECRET LIFE INSURANCE POLICIES
4) BANK EXECUTIVES PROFITING ON THE DEATH OF EMPLOYEES (Wells Fargo has $17 Billion in these policies, according to the article.)
It certainly appears that Wells Fargo bank is now part of the organized crime syndicate, wouldn't you agree?
Good luck to you!
#7 Consumer Comment
AUTHOR: coast - (USA)
SUBMITTED: Wednesday, August 31, 2011
POSTED: Wednesday, August 31, 2011
"they refuse to accept any payments to bring the loan current"
Has Wells Fargo refused FULL payment to bring the loan current?
#8 Consumer Comment
AUTHOR: Dave - (USA)
SUBMITTED: Wednesday, August 31, 2011
POSTED: Wednesday, August 31, 2011
Once a property goes into foreclosure the lender has the option of only accepting the full amount to reinstate your loan (bring it current).
Banks really don't want to foreclose on properties as it is costly for banks as it typically brings very little profit and often a loss to the bank.
As for a loan modification, There is a big back log in files that banks have for the application of a modification. It is not uncommon for it to take 90 days for a file to come up for review. at that time the information originally sent in by the customer is outdated and needs to be updated.
The question I have to ask is why were you declined?
If you did not send the requested information in within the time period given a file can be closed.
If you do not qualify due to insufficient income and would not be able to support a modified loan payment you will be declined for a modification.
If it is a Fannie mae or Freddie Mac loan if your loan payment is under31% of your gross income the modification will be declined.
If a loan modification is not possible the other options that should have been suggested would be a short sale or deed in lieu
#9 Consumer Comment
AUTHOR: angrykat - Hillsboro (United States of America)
SUBMITTED: Monday, December 05, 2011
POSTED: Monday, December 05, 2011
I now understand personally that Wells Fargo is actually lying to customers first-hand. I was less then 30 days past due on my mortgage because of being temporilly off work for an unexpected health condition and delays in my disability payments. When I called Wells Fargo to let them know I would not be able to make the payment for a couple more weeks, they offered me a payment plan. This payment plan was to reduce my payment for 3 months, and then go back to the regular payment after the three months. LIE. I even confirmed during the conversation that this was in fact the case- so I make 3 months of the reduced payment and then it is just back to the regular amount on this month? Yes, she says. LIE. I was barely past due, and Wells Fargo set me up. They sold this plan to me. I am sooo glad I figured this out early or I would have been facing foreclosure. As it is, I am getting charged late fees, my credit is being damged, etc. I could say more but I am tired. It is unfortunate that some of us have to experience these lies first hand to believe them....but they are lying and forcing people into foreclosure.
