- Report: #1112033
Report - Rebuttal - Arbitrate
Complaint Review: WELLS FARGO MORTGAGE
WELLS FARGO MORTGAGEPO BOX 14547 DES MOINES, Iowa USA
WELLS FARGO MORTGAGE PREDATORY MORTGAGE LENDING PRACTICES DES MOINES Iowa
*Consumer Comment: The Definition
*Consumer Comment: Wrong..and here is why..
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-I never asked for Wells Fargo to fiance me, they bought me from another mortgage company in 2001, when they refused to give me a lower APR, I refinanced out of Wells Fargo three years later, also due to there poor customer service, & there inability to balance a simple escrow account, they bought me back again within 29 days, I cried.-Since then I have been stuck with them, I have struggle to make payments due to the failing economy and illiness, when I was in foreclosure, due to illiness, they called me all day and nignt, and even sent some to my house and left notes in my mail box, I tried to modify my loan by myself, and an attorney to no avail, it was always "resend docuemnts that expired" over and over again, it was not until I made a complaint with my Illinois attorney general did they modifiy my loan within 10 days. My mortgage after the modification was $1005, then within 30 days they sent a notice and stated that the mortgage analysis showed a shortage, then it increased to $1100, since then Wellsfargo has deomonstrated that they have no ability to manage an escrow account, blaming various of reason for have an escrow shortage every analysis, now my mortgage is going from $1105 to $1269 (that same as it was before the modification). Prior to them increasing my mortgage (for the millionth time), I had won a tax appeal and got my taxes reduced therefore my mortgage escrow payments decreased from $1300 to $1100. Wells Fargo was paying the state of illinois the correct tax amount but charging me a lower tax amount, for over 18months, so once again I have a escrow shortage of $3500 (this lead to my mortgage being going form $1105-$1269 (as of feb 2014). I think this was done intentionally, to once again force me into foreclosure? What is the purpose of missmanaging an escrow account and causing payments to increase every analysis. (Yes I am aware of tax increases that has nothing to do with mortgage companies) But there is something criminal about the way Wells Fargo manages mortgage accounts, and escrow accounts. So now I have to make a choice stay inmy house and pay $1269 (use my money for food to pay the escrow shortage), go back into forclosure? I feel stuck, The pain and suffering that Wells Fargo has caused me is enourmous, If I go back into foreclousre, I will use the mortgage payment to hire an attorney to sue for pain and suffering. Who is advocating for the Wells Fargo Victims, how does this happen over again? Wells Fargo Account Number 0205XXXXXXX PID 24-01-XX-XXXX
This report was posted on Ripoff Report on 12/31/2013 11:14 PM and is a permanent record located here: http://www.ripoffreport.com/r/WELLS-FARGO-MORTGAGE/DES-MOINES-Iowa-50306/WELLS-FARGO-MORTGAGE-PREDATORY-MORTGAGE-LENDING-PRACTICES-DES-MOINES-Iowa-1112033. 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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