Loan Modification Forum - LoanSafe.org - View Single Post - Wells Fargo Loan Mod

suzeegb · 07-06-2009, 11:31 AM

WF also put us on to a 3 month forbearance at the full mortgage rate. We were not given any delay as to when it started either. The first payment left the bank last week - they did call that day letting us know it was received by them, and also that they still had not started to look at our file yet.

They are also charging us a $10 fee each month to have this automatic payment set up ... and just to make things worse we were originally paying slightly more each month towards the mortgage payment (only by $100 each month), and WF insisted we continued with the higher amount to be paid during this time - we tried to explain if we could afford to continue paying the amount we had been we would not have contacted them.

I am hoping that they get the modification done before the end of the 3 months as money is getting very tight around here.

07-06-2009, 11:31 AM	#6 (permalink)
suzeegb Member Join Date: Jun 2009 Posts: 9 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wells Fargo Loan Mod - so confused....Help. WF also put us on to a 3 month forbearance at the full mortgage rate. We were not given any delay as to when it started either. The first payment left the bank last week - they did call that day letting us know it was received by them, and also that they still had not started to look at our file yet. They are also charging us a $10 fee each month to have this automatic payment set up ... and just to make things worse we were originally paying slightly more each month towards the mortgage payment (only by $100 each month), and WF insisted we continued with the higher amount to be paid during this time - we tried to explain if we could afford to continue paying the amount we had been we would not have contacted them. I am hoping that they get the modification done before the end of the 3 months as money is getting very tight around here.