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This is a discussion on loan mod with asc/wells fargo within the Loan Modification forums, part of the Foreclosure Forum category; i just completed our 3 month forebearance with asc/wells fargo. im told we are in the review process. i went ...
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| Senior Member Join Date: Feb 2008
Posts: 97
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | loan mod with asc/wells fargo i just completed our 3 month forebearance with asc/wells fargo. im told we are in the review process. i went online to the wells fargo home assistant site to check the status and this is the most recent info. im curious to know if anyone has gone thru this. thanks for your help. jennifer Current Status: Reviewing your account We're currently reviewing your account to evaluate any opportunity for a workout agreement. If we need any additional information during the review process, we'll contact you. Status Overview -------------------------------------------------------------------------------- Step Name Status Step 1 Reviewing your account COMPLETED Step 2 Processing your agreement IN PROCESS Step 3 Documents received NOT STARTED Step 4 Reviewing your account NOT STARTED |
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| LoanSafe.org Homeowner Guide Join Date: Aug 2007 Location: Southern California
Posts: 2,168
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | Re: loan mod with asc/wells fargo Hi jennifer, [QUOTE][i just completed our 3 month forebearance with asc/wells fargo. im told we are in the review process. i went online to the wells fargo home assistant site to check the status and this is the most recent info. im curious to know if anyone has gone thru this. thanks for your help. jennifer Current Status: Reviewing your account /QUOTE] Once your forbearance is complete the lender will continue to review your case for a permanent resolution. I believe this is why it says reviewing your account..
__________________ Keep Fighting! Evan Bedard LoanSafe.org Support Team Please donate via paypal to LoanSafe.org to help keep this forum going The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here. |
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| Senior Member Join Date: Feb 2008
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Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | Re: loan mod with asc/wells fargo good morning everyone, i went on the wells fargo loan status inquiry site and it shows different info from yesterday. called wells this morning and the gal told me it is close to being finalized and sent out to me. not sure if this is true or not as i have had nothing but a great experience dealing with wells fargo. each time i call they are exceptionally nice and told me this is a difficult situation for anyone to have to be in and to be reassured that they are going to do what they can to help us. this is my second loan mod. i completed one last july but was locked in at a horrible rate of 10.5% so when the obama plan kicked in i called to see if our invester would consider completing a second loan mod with a lower rate. our 3 month forebearance payment was 1,807.50 which was at a 5.5% rate from our 2,549.03 at 10.5%. they told me as long as i complete the three probationary payments on or before the due date they will modify our loan at 5.5% or lower if possible.did anyone go thru this? thanks for your input. Current Status: Reviewing your account We're currently reviewing your account to evaluate any opportunity for a workout agreement. If we need any additional information during the review process, we'll contact you. 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 |
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| LoanSafe.org Homeowner Guide Join Date: Aug 2007 Location: Southern California
Posts: 2,168
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | Re: loan mod with asc/wells fargo Good job Jennifer seems like everythings well and your case should be finalized very soon. Please keep us posted on the outcome of you modification!
__________________ Keep Fighting! Evan Bedard LoanSafe.org Support Team Please donate via paypal to LoanSafe.org to help keep this forum going The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here. |
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| Senior Member Join Date: Feb 2008
Posts: 97
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | Re: loan mod with asc/wells fargo went on the wells fargo site to check the status of our loan mod and noticed step 2 went from PROCESSING to PREPARING loan mod agreement. does anyone have any suggestions? thanks for your help Jennifer 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 |
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| Senior Member Join Date: Aug 2008
Posts: 37
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | Re: loan mod with asc/wells fargo Hi Jennifer123 - a big congrats, hopefully all will work out w/you. Please answer one questions as we've been dealing with the same (ASC/Wells F) for some time. Did you mail your info, if so where -- OR did you do it on-line? Thanks, Alexis |
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| Senior Member Join Date: Dec 2008
Posts: 63
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | Re: loan mod with asc/wells fargo well i was approved, rec'd final paperwork on 6/18 , signed sent back on 6/19 first payment was due 8/1 on 7/30 called to make payment via phone and was told the mod was REJECTED on 7/30 due to an interest issue and they were re-vising it. i am now scared it is going to be more but seems odd cause it was signed and sent back on time......only to be told that. i am just praying that the figures are not going to change if they do , i will be furious. |
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