Wells Fargo review: loan modification bs 128

Wells Fargo should be arrested for fraud, harassment and plain illegal activity. This was a disaster trying to work with them. They have swindled me out of thousand of dollars between the claims made on both my primary residence and a rental property I have with them. I have paid, I have agreements and are paying those and I am still getting threats to pay over $10, 000 dollars. I don't see how their customer service folks can keep doing this in good conscious when most of them are probably home owners themselves. I care very little about trying to reason with them any more and will take matters every possible legal action against them. Thanks for all of you who have voiced your stories as well.

WOW! one cannot believe that they are getting away with this. I was just told yesterday after 8 months of the remodification loan that I was denied and had 3 days to bring account up to balance. I also sent in every document they requested- jumped through every hoop- resent info they could not find- switched at least four times the person I needed to speak with-all for not. When I asked what paper I had misseed they said they did not know as all documents are destroyed after they make there finding...Was there anyone I could speak with that made this determination, again NO. What do we do now?

FIRST, I WANT TO SAY THAT IF YOU WROTE DOWN EVRYTHING TIMES, DATES, ID NUMBERS, YOU CAN REQUEST CERTAIN RECORDINGS ON ANY DATE, & TIME( YES THATS RIGHT) YOU NEED TO SPEAK TO A SUPERVISOR AND REQUEST THE RECORDINGS OF EVERY PERSON YOU TALK TO.. NUMBER TWO: THEY CANNOT DESTROY DOCUMENTS AS THEY PLEASE...LAST WELLS FARGO TOLD ME THAT THEY RAN OUT OF MONEY FOR THE HAMP PROGRAMS (2.356 BILLION DOLLARS) WHERE DID IT ALL GO...IM BEING TOLD THAT CEO AND PRESIDENT GOT A NICE FAT BONUS..PRETTY GOOD

I posted my complaint on here on a Friday night and found a link with several email addresses for the Office of the Presidents of Wells Fargo. I shot them an email late Friday night...some of the emails were not correct but I must say that on Monday am my phone was ringing off the hook. The Office of the Presidents called back and my new loan modification documents were in hand on Wednesday. Within 3 days my situation was taken care of.

Here's one for the books...Wells Fargo is INVESTOR who owns my loan, but Bank of America is the servicer. Since WF is the investor, they have said they will "NOT ALLOW" a modification of my loan so that I can save my house from foreclosure! I didn't even take out my loan with WF, but since they own the paper, I am still being railroaded out of my house by WF! How ironic that I see all of these stories out there about them and I didn't even do business with them...but they are still screwing me! Priceless!

I am so sick and tired of all this BS. People purchased a home they could not afford...used financing that allowed them to qualify...sometimes out and out lied and created documents to get the financing. The government regulated the Truth in lending form to have large boxes that show the payments...at a worse case scenerio...and if you are not able to understand the form you have no business buying real estate.
Regarding the modifications...do you think any bank will just say "ok...forget about the back monies you owe us, let us lower your balance, your interest rate and give you payments you can afford without any evidence of your income". If you find such a place let us know.
Hardship letters, for the most part, are BS. People have more credit that they can afford. You made your own mess and want someone to clean it up for you.
Why should any bank or mortgage company take a risk on you when you have already screwed them once. If any bank is asking for more documentation than you think is reasonable, then ask yourself...would you lend you money?

I'm in the same boat as everyone else. I tried for a year and played their game and jumped through all their stupid hoops only to get denied for no real reason. I hate WF.

To Poor Me...

I cannot believe you think everyone here is some kind of crook or obtained their mortgages fraudulently. I know that happens sometimes, but unless you've been living under a rock or in some ivory tower, you should know that hardship can befall ANYONE and when it does, you don't want to listen to some NUT talk about what you probably did wrong! You sound like you are on the Board of Directors for Wells Fargo or something! How cruel of you to thumb your nose at these people! I wouldn't wish what I'm going through on anyone...not even YOU! Judge not...well hopefully even you know the end to that sentence!

All the info above is so true and so real, but has anyone done anything? go to wwwwhitehouse.gov/contact like someone stated above and write your complaint to the white house trust me i did and if a thousand more write them RE the abuse of these banks and how they are mishandling federal bailout funds which is intended to help but that with misleading info and guidance they are straight out stealing and breaking the banking laws then someone sooner or later will have to step up and stop this nonsense. UNITED WE CAN ALL FIGHT BACK, DON'T GIVE UP AND DON'TLET WELLS FARGO TAKE WHAT IS YOURS.

You must not be aware that Goldman Sachs groomed Obama, do you think he is going to bite the hand that feeds him? If something was going to be done by our gov, it would have already been done as this has not happen in the last few months, but the last 4-5 years. There is no change unless we make that change by removing those that do only for themselves and not those that put them were they are. It is time of do it yourself repair of this country, we take the laws that are there and start learning and using them. Like nrsrchd said audits can help us find the fraud to present to the court. There is nothing more pleasurable to a judge than when a Pro Se shows him how the mortgage company never paid the assignment fees at the county records and how that is tax evasion while the banker lawyers butt is puckering trying to keep his client from looking bad for bring fraud upon that judges court. This is our country and we are letting them take it away from us, but now it is time to take it back one home at a time.

To add to above, remind the judge, if they did not pay your assignment fees, imagine how many more they did not pay. That is when you can sue on behalf of ALL the counties in your state that were defrauded of assignment fees. Judges rarely get that sort of entertainment and hate fraud upon their courts, even if it is by his golf buddy. We must make sure the mortgage company lawyers have signed contracts with their client, it is required in my state and it must be filed in the record. If not, Bar grievance time for fraud upon the court. Dallas county in Texas lost an estimated $25 million because the assignments are not being recorded. Now here is some reading that will further explain this situation that we as homeowners can use to our advantage. It is not rocket science and we all have access to our county records. This is a great way to start learning how to deal with the government entities we have set in place. It contain diagrams that make this very easy to understand and will make you very angry, and once you get angry enough, start doing something about it. These lawyers are not getting it and will not get it unless we educate them and tell them how we want these issues adjudicated if we are not willing to take the action ourselves. Okay, lets get a law dictionary and start reading, understand is your first word to learn. You can find online pdf's until you can find one a bookstore, Black's law dictionary 2nd edition pocket version is a great start. Then go to Webster's and look up bench and then bank. It will shock you.

http://www.scribd.com/doc/27860037/Securitization-With-Diagrams-Good

Some more good reading that will hopefully inspire people to realize we must start making change by taking care of our mortgage situations and not to expect someone else to do it for us. It will never happen unless we make it happen with our own hands, can you really trust someone else to care more about your situation than you do?

http://www.scribd.com/doc/28185884/Assignment-Fraud-Example-01

My experience is much like many of yours.

See the blog I put together chronicling as much of it as I could. Start from the bottom up.

http://mywellsfargohomeloanmodexperience.blogspot.com/

We too were played the run-around game by Wells Fargo. We did the 3 month trial 2x, took 12 months, we did everything they told us to, paid the payment every month on time, then after a whole year, got DENIED! WHY? Supposedly, we "qualified". Now they can have our home and land! We won't play these games any longer! Take our home in this market and shove it!

My husband and I are going thru the same exact thing! Try a company called NACA. While dealing with WF, Amanda Hassett from their "presidential department" pushed thru the foreclosure on our home.

i have been trying for over a yr. now and keep getting the same story we need to update you info. and im rightt back to begining. the service rep. do lie and i have never talk to same person yet. i am a disabled vet. so my income is same every mo. id like to know what they do with all info sent after 30 days . wells fargo should be reported for what good it would do.

Took me almost a year for my loan mod. Key is to stop paying. They won't do squat until you don't pay. At 90 days late they suddenly become interested. I must have made a 100 phone calls and dozens of faxes before I figured out that NO PAYMENT gets their attention!

I got a 2 year reduction of 2%, but now I realize that 2 years will not be enough, so here we go again.

Unbelievable!I have also been going through the loan modification process with wells fargo. Every one of these stories is eactly like mine. Wells fargo has destroyed me. Iam so upset.I may lose my home and i have done nothing but try to keep it from the beginning. I also sent financial papers, hardship letters, phone calls.i also have been given the run around for the past 22 months. Originally they qulified me for a reduced mortage. Then they changed there mind after seven months. Now there telling me i owe back payments that amount to 22, 000 aprox. which of course i dont have. They suggest i should sell my home. If they didnt tell me to pay a lower monthly payment 22 monthes ago. I wouldnt be in this position. If anyone can help me at this point i would really appreciate it. I really do not know where to turn too. My e-mail is skehanedward@yahoo.com. Should we start a class action lawsuit. What is the answer?

I am going thru the same as all of you. since last sept.2009. same thing they say not to pay, and like all of you, i asked are you sure, now did all the fianicials hardship etc... then at the end of july the tell me i am five months late on my mortgage i am 3 months behind because of the payments they told me not to pay. now i redid my fianicials again. now they want to raise my monthly payment 109.00 more. for three months. WTF! i was looking to lower my payments. then after the three months will be reviewed again. they suck! i also went to KNOW YOUR OPTIONS. com I asked wells fargo what about the homeowners affordable modification program also known as HAMP. where as you payment cannot be more than 31% of your gross monthly income. this would save me about 330.00 dollars a month, [censor]s at wells fargo say they don't participate in this program. but after the three months i should ask again. it does seem like they are against you not with you. they do not offer any information or solutions and when you question them about something or some program you read about they say they have to talk to a supervisor. and then come back to the phone with an answer that does'nt really help my situation. i am trying to find a lawyer to go after them. because as we all know all they did was get three more months of money out of me when, after the three months they will probally put my house in foreclosure. so i have three monthe time to get a lawyer i guess to solve my WF situation.

Wells fargo sold my home from underneath me. I have been in this process for over a year. Sent them documents after documents. Payments everymonth, this months however was sent back and today my call to them was what happened.? First rep hung up on me. I called back, the second rep, said " didnt you get the letter" "What letter!" I reply. she then says "oh we must have the wrong zip code."

Wells Fargo and America's Servicing Company played games for 18 months before they foreclosed on me. I thought I was re-applying for the modification program they kicked me off of due to paperwork they did not need and I never received notice of the "Sale". What I received was a knock on the door from the "new owner." I am currently moving out without hope of recinding. I can only hope to start a lawsuit for wrongful foreclosure. Now that they sold my home they are rude and arrogant to me and the 6 months payments I made under the original modification plan were not applied to my account so I look negligent on my loan.

My astonishment is that they are still operating a business and sucking the life out of good hard working honest people. I hope they crash and burn soon!

Well, I wish I had read these comments before consenting to a Loan Modification from WF. My husband was contacted by WF in October 2009 regarding modifying our mortgage loan. I had been unemployed for over 2 years, and although we were making our monthly payments, at times it was a struggle, so we were elated to accept the offer. The paperwork was finally sent in December 2009 after we were pre-qualified for a $400 mortgage reduction. The paperwork read that we were to make payments in January, February, and March 2010 for a specified amount; and, we did. We even made our regular mortgage payment for December 2009 although we were not required. After the March 2010 payment, we called and asked about the paperwork and were told to continue making payments because we would receive the paperwork. April, May, June...all the same story. On June 23, we received a letter stating that we were denied because we "rejected the modification offer". What in the world!?!? My husband and I called WF and were told that the letter was a "standard letter" and that the easiest thing to do was to put us "back in the program". We had to submit financials again. Oh, did I mention that we had already faxed and express mailed the financials paperwork, application, hardship letter and every thing else that WF requested NUMEROUS times. We called every other day and would be on the telephone for over an hour each day only to get the run-around from each representative. Since June 2010, we have been reinstated in the modification program four times! We were promised internal reviews and investigations into our complaint that extended back to June 2010. We were finally told, in the beginning of August 2010, that we would continue to be rejected because of the letter that stated that we "rejected the modification offer". So, the representative requested a "manual review" of our case and told us to call back on August 17. We contacted WF the week ending August 14 and were told that a manual review had NEVER been done. On or about August 16, a representative from WF called me, and after a lengthy review of our file and case notes and his call to Loss Mitigation, they came to the conclusion that we "never should have been denied the HEMP program modification based on the financials and information provided." It was apparent to him that WF "did something wrong." He requested a formal manual review into our case. Upon calling two days later, we were informed that our home was in active foreclosure because of our debt to income ratio, and that was the reason we were denied. Oh, I failed to mention that there was income documented that they did not count because the needed "canceled checks as proof of income". Were they ever going to tell us that if we had not asked why they had not included it? We managed to decrease our debt and were told that we would receive paperwork which showed our new financials that we gave verbally...still waiting. My husband asked if we were pre-qualified, but the representative did not say. Now, here we are on this beautiful day, and our home is in active foreclosure! What takes the cake? I received correspondence from WF, today. What was it? A letter explaining loan modification and an application for the same. If I knew, in October 2009, what I know now, I would run the other way. When will WF pay for their crimes against honest Americans? All we needed was help, and what did we receive? A stab in the back. WF Loan Modification - A SCAM! WF Loss Mitigation - A JOKE! WF Home Mortgage Company - CROOKS!

Whenever you are contacted by Wells Fargo or any Mega Bank, always ask the person on the other line their name and employee number? Ask them are they an employee of that particular institution.
Do this before you speak to them!
Many companies are contacting the banks to make a large percentage of the collection!
They will act as if they work for the bank!
Whatever they tell you- will be a LIE!
Stay away from these collection companies!
They are acting without oversight!
Record all phone calls!
You will need it later!
Sara

I agree with all of these posts! WF has to be stopped! What right do they have to destroy peoples credit and LIVES? My story is pretty much the same...except I NEVER MISSED A SINGLE PAYMENT! I bought a house and had mortgage through American Financial Solutions(greatest co ever) until they sold my loan to WF after 1 1/2 yr. Nothing but trouble since. Had loan with this co for several months and pd on time each month. At this point, after birth of daughter and job changes, things started getting tight so I called to check on modification that I was hearing so much about- just to inquire. I specifically told agent that I WAS'NT behind on monthly note because I know how important it is to be current on house note for credit purposes. But I was starting to have to get behind on other payments(car, truck, etc.)But I always made sure to pay mortgage on time! I CALLED THEM TO SEE IF THERE WAS A WAY TO GET HELP...maybe reduce payments as I heard so many people doing. Long story short, they talked me into doing repayment plan which is where they defer payments... so I agreed thinking whole time they were working on modification process. After 3 or 4 months of calling and getting diff answers each time, they kept trying to get me to do another repayment plan. I explained that I wasn't interested because it wasn't helping my situation. I finally spoke to a person who told me I wasnt even in system for modification! This started another 5-6 mo ordeal of the same crap...I was still paying my notes on time...Then my husband went to get a debit card from bank and was turned down because of credit! Thats when I started checking and realized they had & STILL SHOW ME BEHIND $15, 000.00 ON MY CREDIT REPORT! This has been going on for over a yr & finally got modification taken care of (or so I think). Just got papers in mail this week saying that mod went through. Although still shows as being $15, 000 behind. The funny thing is that I spoke with an agent about 4 months ago who told me she didn't know why the mod hadn't been completed yet because they had the check to bring us current just sitting there. No rush on their part, it wasnt doing any harm to them. So I guess they could just take their time. While in the meantime, my family is suffering! I have another loan co that really COULD reduce my payments and help me out dramatically, but cant loan me the money until I can show where my payments are on time for a year...THANKS WELLS FARGO. This could be the difference between me losing everything that I own, but cant do it because they won't fix my credit report! Its a shame that the people who have payed their bills on time and try to get a little assistance have to pay while others, who don't try, get help! I wish I'd have known how horrible this co was before I even ASKED them for help!

Same ol', same ol'...I can honestly relate to each and every one of you and your experiences with Wells Fargo. I dont even care to waste my time describing the typical mysterious loss of documents, blatant lying and/or incompetency on behalf of WF. This attempt to have our loan modified was a HUGE mistake from the beginning and I truly wish that I hadnt wasted a second of my time on it. All we were looking to do was decrease our monthly payment by $150-$200 and we could afford to keep our home. Yet, WF would rather push our family out the door and into the street than take a loss like that. I am here to warn you...WELLS FARGO IS DEFINITELY NOT LOOKING TO AID YOU IN KEEPING YOUR HOME!

According to WF we were denied because they had us down for an access of $7000 at the end of each month! WTF? LOL ...I WISH! Somebody didnt miss a decimal space over there, they missed three! After a written email complaining of the enormous mistake we were immediately contacted by Matthew Turk from the 'Office of the President' who adamitely apologized and assured us that "unfortuantely" he was "all too familiar" with the same mishaps and that with our approval he would love to "help us" and take on our file personally. We thought to ourselves finally, .. somebody competent! This time the process moved much more quickly, yet the out come remained the same...DENIED! Mr. Turk had us negative $2500 at the end of each month, from one extreme to the next...not even close in either direction! Needless to say, I now know why Mr. Turk was so soft spoken and well versed...he is simply paid to act as a buffer and provide customers with yet another false sense of hope, only this time it appears more personable and sympathetic! Matthew Turk...OUR HERO.

What people need to understand is that the billions of dollars that the banks managed to pay back the government with so quickly, was likely provided through foreclosure sales. Think about it, make $500, 000 w/principal and interest over 30 years?...or just fire sale it over night for $275, 000 cash? HMMMM? The banks are not in the real estate business nor do they want to be, they are in the business of moving $$$$$$. Also, keep in mind that the government requires (and pays $1000 per application) to these banks to provide homeowners with the opportunity to apply for modifications, ...however, that doesnt mean that they are expected to actually modify them. GOOD LUCK!

I have been trying for about a month now in getting someone to help me with my loan. I am out of the country due to my job and am unable to tell you the location. I can be reached by email at this time. I have tried several times to call and leave a message for someone to email me back because I cannot always call at the correct time back in the states. I am about to lose my home and no one is willing to help me. This is unfair. I need your help now. Please respond to me via email at rebjeaost@msn.com

WELLS FARGO process for HOME LOAN mod is a joke. It's time we banded together and brought them into the public eye.
dragging on and on - Lost papers submitted to them - numerous duplicate submissions by me - These Wells Fargo employees are either the most corrupt and cold hearted people on the planet or just incredibly stupid. It is time for everyone to band together and throw them into a huge class action law suits. I have experienced almost every scenario that I have read here. I was even told one day on the phone in the same conversation that i did not qualify to have my loan modified because I make too little and then ten minutes later told I make too much. AT one time I had a main person contact named Kimberly Kennedy I would check in with her whenever she informed me to to get the decision on home mod process - two more weeks - 30 more days - 4-6 weeks - on and on - dates for decision ever changing - information ever changing - then she said any day now I would get my answer -then, she stopped taking my calls or returning my calls. After two weeks of trying to recontact her, I finally just called the main number and found out that they had turned me down over a month ago - a month after I had numerous phone calls with her -. So she lied about her knowledge of decision and then ignored me - I got an employee to tell me off the record that I was turned down because of my income to debt ratio - I asked what numbers they went by - again the employee told me the answer "off the record" the numbers they used to calculate their position - the numbers did not even come close to my documentation or truth in my submission - they obviously made a number up or can't read. - Fortunately for me, they have done all this right in front of my legal counsel - as I have had legal counsel listening in on every phone call -- I am in the process of gathering up names and emails of people who will want to join in a class action law suit. I live in California - Federal court is where we are headed - feel free to email at swbh2o@sbcglobal.net. I have contacts at 60 minutes and almost every major magazine - so I am also about to launch a big news blitz on my case. I believe we can all fight this injustice - don't give up - don;'t be apathetic. I have been on the phone with several senators - call yours - write them - I can tell that they are about to listen. One of the gubernatorial candidates in California has heard me out - and is now about to make this a cornerstone of their campaign.
Also I have had an inquiry from a contact in the white house - so it doesn't hurt to write the white house - they are starting to get it.

I have gone through everything that I have read in this few comments. WF has bunch of idiots working for them. They simply read a script and answer back to you, the moment you take them off course and come back with the same previous question they will have a complete different answer. WF employees [censor]ed people so they can act like robots. I have talked to common employees to management level people. Non of them seemed to have completed middle school. WF is a common thief who has no soul but greed only. They do this new filing every time they denie you they will open a new case and make you resubmmit all the paper work, the reason they get paid by the gov for every application.
Unless they are investigated by the feds, they will keep doing this and the gov will keep bailing them out. They know this and that's why they screw us. WF ARE IDIOTS, THIEVES, COMMON CRIMINAL WITH THE ENTIRE GOVERNMENT IN THEIR POCKET.

Instead of making multiple TRIAL PAYMENTS and still getting the shaft we have decided to save that money and sue Wells. What they are doing is wrong and if we can prove they didn't file the correct papers when they transferred the mortgage we will have them by the balls as it should be instead of the other way around. Nothing but a bunch of greedy [censor]. Screw you Wells Fargo.

Yep! Going through the process now and getting the same kind of runaround. They just denied our application for a loan mod because we just recently refinanced before I got laid off, unexpectedly. Reason for denial is because our mortgage loan with WF is under 12 months. S0 WTH? They could have simply told me that before we went through the process of completing the app, writing a hardship letter and providing all the documents they required for a home modification loan. Talk about a waste of time and effort.

Now, last Friday we receive a letter from Wells Fargo explaining a short sell option, which IS NOT an option. This is our home and we intend to keep it! Called them today regarding this short sell letter and it's a good thing I did. Apparently they've already started the process of this short sell option which is out of the question. I learned that if we didn't cancel or comply with the terms of the short sell, WF would haved moved towards foreclosure! WTF!?! We're up to date on not behind on any payments as of now. I got in a rather heated conversation with one of their reps, named Troy over all this crap. I expressed my disgust as to this short sell option and why they just didn't tell us up front that we didn't qualify for the loan mod. Troy offered no explainations. I was told it will take 72 hours to stop the short sell process and I'll be receiving another letter confirming this.

Talk about opening up a can of worms! Now we're burdened even more since I intend to keep following up on this and documenting phone conversations. We can't afford a real estate attorney, but I'm currently looking into some of the free counseling services that are available.
It's all a crock of bs from what I see at this point in time with Blowbama Home Modification Loans. Weren't these programs designed to help Americans out in this rotten economy that the banks had a large part of getting us into anyway? Billions of taxpayer dollars were poured into bailing out these corporations. WTH do they make it so hard for people that need help now and are willing to work with them?!?

BEWARE!

I've had the same problem, but I RECORDED ALL MY PHONE CALLS with them! They started telling me one thing, then I say - NO, You're WRONG - I have a manager telling me something else, would you like to HEAR IT? Best advice to everyone, RECORD ALL YOUR CALLS with Wells Fargo! You're legally allowed to because their system and sometimes even the rep tells you the call may be monitored or recorded - That gives consent because THEY know they are recorded, and YOU do as well.

If you are interested in the possibility of a class action with WF, contact me to discuss at bkurt31@yahoo.com. You should have entered into a trial modification in California, performed all of the terms of the modification as agreed, and have all of the documents ever sent to you. You should be north of Los Angeles, and a San Jaoquin Valley or Central Coast plaintiff would be best. Nothing ventured, nothing gained.

Attn: All Homeowners who have been wronged by WF!
Now is your chance to join in a class action filed against Wells Fargo on November 23, 2010 by the Law Offices of Harwood Feffer LLP for CA residents. The lawsuit alleges WF mislead many homeowners by telling them they had to be in default to qualify for a loan modification and then turn around and foreclose or short sale their homes! For more information please go to www.whesp.com and click on the America's Servicing Company & Wells Fargo tab and it will tell you how to join in on this class action! Let’s bring these jerks down!

Ok, this may be an unwelcome message on this thread. I was searching "complaints" on lots of banks, just to see what banks were a good idea for me to take a loan with...
I just would like to share this story. A few months ago, I had an issue with a paycheck. My employer lost it, I didn't realize it was lost until after I had sent out checks that same day anticipating getting and depositing it (my error, I know). I bounced a few checks, which I obviously was OK with since it was not my bank's fault, it was mine and my employer's fault. Later that month, I wrote out another check to my son's daycare to cover the amount I had assumed bounced, plus the rest of my pymt for that month.
Hah. Turns out, my daycare never tried to cash the check. So I accidentally overdrafted my acct, yet again. I was devastated. Here I was trying to fix a situation that was not entirely my fault, and I ended up overdrafting my acct by about $500. I knew that I would not be able to cover that amount immediately and would end up getting a fee every day. I went to the bank, begged and pleaded (and cried) a little, and got 3 of my overdraft fees removed right away. The reps I dealt with at the bank were very understanding, and even sent my situation up the line where I got 2 more fees waived. This was not something that they had to do for me, but I have been a loyal customer in the past and will continue to bank with them in the future.
I do feel bad for those of you who have been jerked around, but did you ever bother to make connections with the people handling your money? For me, this has made all the difference.

PLEASE DONT GIVE UP! YOU HAVE OPTIONS...believe it or not! You all are right about getting the run around, do you know that 8 out of 10 times when you call that 800 # your talking to a call center in India, no joke, the next time ask if your talking to someone in the US..When we bailed these crooks out you should have been able to do this on your own. Do you know that each time the bank puts you in a trial mod. our govt. pays them a 1000.00 and they can do it up to 3 times? I work for the American Consumer Advocates Law Group, your probley thinking right now " I shouldn't have to pay somebody to do this" and your right, but unfortunately if you dont have any banking exp. or know all the legal guidelines they'll walk all over you...I work for the Homeowner not the Bank...if you'd like some FREE ADVICE please call me, I'm a homeowner also, I've been down this road. My number is [protected] ext. 233 ...Janice Hunter

let's not talk anymore and do something, let's organize!

I am in the same boat as everyone on here, dealing with WF for a modification. Read in the paper on Sunday how tons of people are being screwed over and losing their homes. We were given a 6 month "trial" period which ended in Oct 2010, then we were denied for a modification ( not sure how) so now they have offered us a new "6 month trial period" and we haven't agreed to it and don't know what to do, does anyone have any advice, can you refi with another company and somehow keep your house, call a lawyer etc... I don't know where to turn so any advice is appreciated... thanks and good luck to all

This is exactly what happened to me. I lost my job on 9/10 and while making a phone payment one day I heard a robo message that said I might be able to get help with my loan. It was the biggest of my life.
The (first) rep that called me back (Andrew Berger) said that he could help and would send me the paperwork ASAP.
By 11/10 still not having received anything yet I called and of course his voice mail comes on, I decide to ask another rep and have to go through the whole identification process again.
I finally get the papers to fill out with a checklist and fill them all out and send them in.
I called about 3 weeks later and a rep explained that Andrew needed more paperwork, I explained to the rep that nobody had called and asked for any but she quickly replied we're asking you now. I spent money faxing 18 document for $18 so that I could expedite the issue.
Again a couple of weeks go by and I call again just to be told that they needed more documents, by this time I'm in a bad mood to say the least.
I send in the supposedly last page and specifically ask the rep if that's it and she replies YES WE'RE GOOD TO GO.
A month goes by and nothing, I call Andrew 3 different times and always get his voice mail.
I finally call the main number and get another rep and have to identify myself all over again, the rep tells me Andrew is no longer with the company and there's a new rep working with my case her name is Yuen (not sure of spelling).
I contact my new rep and get her voice mail (what a surprise!) and left her my whole story.
She called me back surprisingly and heard about the whole story and would have an answer for me in 24 hrs.
Well when I did not receive a call back I called her and left her a message twice.
At this point 5/13/11 I decide to go to my local Wells Fargo bank to see if they can help me. The young lady got a hold of someone and handed me the phone. The rep asked if I could hold on so that she could locate my rep. She came back on 5 min later and told me that the rep was just terminated that morning.
I just lost it, the rep explained that her manager was in a meeting and could not help me but would call me back Monday with an answer for me.
Come this Tuesday 5/17/11 and still no answer I decide to call. Once again I have to tell my whole story to yet another rep (Susan SWK) and she tells me that a new rep has been assigned to me as of 9:41 am but she could not see the name or contact number yet.
She promised she would let them know the situation and have them call me ASAP.
Today 9/18/11 I get a phone call from rep number 3 (Adam S.) and as all the numerous reps before him proceeds to apologize and says he's here to help me out.
Now get this, they need the whole forms again since it's past the 15 - 30 day mark. I had to ask at this point without loosing my f...ing mind what about all the forms I sent in.
He tells me that they're no good and need to update them. He starts to explain to me what a loan modification was (something no one yet had explained to me) and from what I got from it was :
Ex: Monthly mortgage $977
Ex: Monthly after modification $177
Ex: Balance carried over $800
This goes on for 3 months after that if you're back to work and up to date your next payment is $977 plus balloon payment of $2400 ($800*3=$2400). ARE YOU KIDDING ME HOW DOES THAT HELP ME!.
Adam goes on to say that if you're still unemployed we can do another extension for the next 3 months, and I quickly reply "then I will owe $4800 balloon payment right". He replies yes but...
I just tell him that if someone had told me this 8 months ago I would have NEVER asked for help. I told him to shove it all up their ### and hung up.
I called them back a few minutes later and spoke to Adams boss (Josh) to ask him if this is a joke. He proceeded to repeat the same garbage and adding another tidbit.
They would not be able to help me right away because they have a backlog of foreclosures first to work on and since I was current I would have to wait for help or apply for a different plan.
So the jist I got is that unless you're in foreclosure they don't give a ### and if they do give a ### that kind of help is not helping you but them instead. I have 10 years left on this mortgage and I'll do the best I can but Wells Fargo can kiss my ###.

I guess I am neutral on the subject. First off, you have to look at it from a realistic standpoint. A lot of the people that are looking for modifications DO need to take a look at their budget. When you run through financial information and you are spending 600 on food/dining out and have a 400 cable, internet, cellphone bill...maybe you should think about cutting those things out. Have you even thought about maybe the fact that you need to cut those things out in order to afford your monthly HOUSE payments. What is more important, making sure you can watch CSI on Thursday nights or having a roof over your head. Another tip, when you are going through your budget, don't make up things. If your gas bill is actually 200 and you say 300, that could make the difference. If you high ball everything, there is no way we could modify a loan that isn't realistic. If your mortgage payment is 1500 and you have a deficit of 1400..there is no way that we could modify your payment down to 100..come on people. Maybe people need to start taking a look at what is important in there life. Now..do not get me wrong.. I know there are some honest and hardworking people out there. They are just getting by, many of them have two jobs and have depleted their savings. I understand that certain things have happened to them in their life that they can not control. In these cases I feel like we should be helping you out. We should be giving you some relief on the payment. But there are just a handful of these people. The rest are lazy, living off the gov't, telling me that they pay 300 on cigarettes a month when they can't afford their 500 mortgage payment. Come on. I'm 25 years old and have made my mortgage payment ontime if not early, even when I was laid off. When I have doctors and lawyers calling in and giving me their information and telling me there is no other income besides theirs, their wife doesn't work..are you freaking kidding me. If my husband was in financial trouble and the thought of losing my home ever came up, you bet you I would be down at the local McDonalds flipping fries. People don't want to be responsible anymore. They feel like it's a right to own a home, well listen, it's a privledge. You agreed to the terms of the loan, we are locked in with each other for 30 years. Like I said, I do understand that things come up and some things people have no control over, those are the people we should be helping...not people living on food stamps and have satalite tv in their homes. And by the way..your mortgage payment is due on the first. Duh.

This is my 4th time trying to remodify my loan with Wells Fargo, demons from hell!
The first 3 times I was turned down because I did not make enough. REALLY, if I made enough I could pay my mortgage. The 4th time I submitted my income as well as my husband's who recently got a new job. We are 3 months behind on our mortgage due to me being out of work and him working in the real estate field on commissions only for the past 2 years. We send whatever we have and can still barely afford our mortage. Well, I just got news that they accepted me into there re-payment program so now instead of paying our usual $1335 a month they want $2700 for 6 months. Thanks a Freaking lot! How does this help m. Are they that stupid? If I cannot pay $1335 and I am struggling how they hell can I pay $2700? I HATE WELLS FARGO

This comment is for Gertie128.
Not everybody is a bum as you're describing, some of us worked 40 years of our life doing the right thing. You missed the whole point, I'm not asking for help after 2 years of paying my mortgage I've been paying it for 20 yrs. They have been paid already twice the original loan and they could help someone paying the rest off.