Wells Fargo Modification in process

[miamoto]

When I go to the Wells Fargo workable solutions site and enter in my information, it says that the review of my account is completed and that they are in the process of a modification agreement. This whole process has been going on for about a month and in the last week it has changed to processing modification agreement. Does this mean that They are going to offer me a modification for sure? or could it still be denied?

[wayunderwater]

I do not want to discourage you but mine said the following on 5/27/09 and then i was denied on 6/19/09.
Step 1 - Reviewing your account - Completed
Step 2 - Determine Options - Completed
Step 3 - Processing your agreement - In Process

[willowgrouse]

I have a wells fargo home mortgage and have been attempting a loan mod for months
my income to debt ratio is too high gee that is why I want to modify the loan !!
current on all payments you have to go into foreclosure for them to allegedly consider you for a mod if someone knows of a smart way todeal with these folks I am all ears I asked the negotiator today who owns the loan he said he could not tell me ???? I know that Bof A owns the loan any help would be appreciated

[PERSISTENT32]

Here is the number for Wells Fargo Executive office that *** has posted in members threads to help, they specialize in results. 1-800-853-8516...call and inform them of your situation. FYI-You have to have a surplus of at least 100-200 at the end of the month.

[willowgrouse]

I had a surplus and the executive guys put me in a three month forbearance which i paid then they looked again said i could not afford anything these folks are unbelievable

[wayunderwater]

willowgrouse,
are you saying that you paid a reduced payment during your forbearance and then they denied you a mod?

[Mandy]

I would give them a call tomorrow morning!!!!!!!

Good luck, let us know what happens.....

WF, is something else........

Tomorrow, I have to send 2 faxes one to the Loss Mitigation and another fax number that I got from them. They are not counting my husbands income at all???????? Therefore, I was denied.

[willowgrouse]

there was not any payment they gave me the option to not pay anything for three months then pay alldue at the end of the so called plan I made the payments I time i did not trust them then reapplied DENIED do not make enough money to afford a mod ???

[ultimate4799]

Originally Posted by willowgrouse

I had a surplus and the executive guys put me in a three month forbearance which i paid then they looked again said i could not afford anything these folks are unbelievable

Hey willowgrouse, just wondering, were you able to resolves issues with Wells Fargo? I am in the same pos like you now.. they told me 3 month forbearance(to suspend foreclosure since got NOD already and my sale date is Oct) while they are figuring out if the can modify my loan. They further said no guarantee if I will be approve.. bad thing is forbearance payment is same as my existing mortgage payment which is to high - $3400

Please let me know the outcome of yours... I highly appreciate your inputs.. I'm trying to figure if Wells is realling trying to help me or just want to collect as much money as they can from me..