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Old 06-03-2009, 08:45 AM   #1 (permalink)
dcguy
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Wells Fargo Modification Denied

Hi folks -

Congratulations to the guys who got their loans modified.

Till today I havent heard of anyone who got their loans modified until I read this forum .... looks like Banks are really helping.
Hopefully they will help me too .

I have submitted my paperwork to Wells Fargo almost 2 months back and have been calling them twice or thrice a week but getting the same response. But on May 15th, customer rep said that my application is handed over to Negotiator and they are looking into it. And when I check the status of modification on wells fargo site @ https://www.wellsfargo.com/jump/mortgage/assist, it shows:

Status Overview
--------------------------------------------------------------------------------
Step Name Status
Step 1 Reviewing your account COMPLETED
Step 2 Preparing modification agreement IN PROCESS
Step 4 Payment Received NOT STARTED
Step 5 Documents Received NOT STARTED
Step 6 Reviewing your account NOT STARTED

Not exactly sure what that means though ..... after reading earlier posts on this thread looks like it might take around 30 days to get a response after Step 2 is in process .... Please share your experiences.

Do you folks think that calling the executive team that *** has posted for members @ 1-800-853-8516 would help?

Your comments would be greatly appreciated.
Thanks.


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