• Report: #476460

Complaint Review: Wells Fargo

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  • Submitted: Tue, August 04, 2009
  • Updated: Tue, August 04, 2009

  • Reported By:Northridge California
Wells Fargo
San Fransisco, California U.S.A.

Wells Fargo Mortgage Wells Fargo continually denied HAMP program over 1 year even though eligible Los Angeles San Fransisco California

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Got hit by DUI driver and lost my 9-2-5 job as a cop. Wells Fargo for over one year refused a loan modification. After over one year I was offered a crappy loan modification that wasn't HAMP (Obama plan) even after I REQUESTED AND WAS ELIGIBLE FOR IT. I was told "my investor E-Trade did not want to participate in the program." Crazy thing is that I was never told E-Trade owned my home!?@

SOOO. Looks like I might lose the farm....In another words, your on your own America.

"Wells Fargo has modified 6 percent of eligible loans . Wachovia Corp., which was taken over by Wells Fargo last December, has modified just 2 percent." (MSN News 8-4-09)

"We know we've fallen short of our customer service goals in some cases," Mike Heid, co-president of Wells Fargo's mortgage unit, said in a statement. He said the company is aiming to streamline its modification process to a single phone call for most eligible borrowers." (MSN News 8-4-09) Believe him?

But don't worry the DUI driver still has his home, car, boat, quads, and horse!

Joe Q citizen
Northridge, California
U.S.A.

This report was posted on Ripoff Report on 08/04/2009 05:55 PM and is a permanent record located here: http://www.ripoffreport.com/r/Wells-Fargo/San-Fransisco-California/Wells-Fargo-Mortgage-Wells-Fargo-continually-denied-HAMP-program-over-1-year-even-though-e-476460. 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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