Denied by Wells Fargo

[Tapeoka]

MANDY -

What's your status? Did you ever file your complaint with the Comptroller of Currency? I just got letter from them acknowledging receipt of my complaint and that they are reviewing it and will be contacting WF. I've gotten no where with WF and they keep coming back with the whole we are sorry but the investors will not allow a modification and that our DTI is under 40% --- well of course because they only take into account the first mortgage payment and any HOA fees and no other bills like the second mortgage! Ummm...no wonder they are denying everyone because realistically if we REALLY DID have only those two bills we'd all be able to afford our payments! I'm going to keep filing complaints after complaints until they get sick of being contacted by all these different agencies.

[Mandy]

Tapeoka,

To be honest with you I haven't complained yet. I will give them this week to see what they say. I just returned the loan modification papers crossed out and a letter telling them that I couldn't agree to their terms. Also yesterday, I got a call from my rental property and they asked for an updated financial sheet. Therefore I am waiting. However, I am working on the letter to the CoC.

[Mandy]

Tapeoka,

So I was just denied right now, that because I have a deficit of 1300 a month. That the rental property can not be added to the income, because I have to show three months of payments from the tenants. I have new tenants, and they came in last month. So they told me that I have to wait until February to reapply. This is why I am asking for the help because I am behind. I'm very disgusted since this is a Freddie Mac. I will contact Freddie Mac, send emails and contact CoC.

Any other suggestions!!!!!! I am very upset, but I am not going to give up. She did tell me to give the payments and I just couldn't understand her at all, I couldn't get her name nor number, so I just don't know who I was talking to.

[Tapeoka]

Mandy -

Sorry to hear. Sounds like WF and not surprising. File your complaint online with the Better Business and definitely send a complaint to the Comptroller of Currency because the more complaints they get the more they have to leverage when they contact WF to advocate on our behalf. Honestly, I gave up working with the idiots at WF because they lack brains and heart so the only thing it got me from working with WF is an ulcer and high blood pressure! I will have better luck getting outside help and putting the focus on them. I am standing firm on my belief that the investors don't care if they modify our loan if that means their investment is secured. WF is just being the greedy blood****ers they are because we are current and want to **** us dry before they offer any assistance! If it was really the investors then they are well aware of the guidelines so why the pre-qualification? why make people jump through hoops? because they want to give people false hope so they can collect the unwarranted bpo fee of $95!

[darkdays]

Mandy,

Is this a HAMP mod you were denied? Under HAMP if you can't show the rental for the past 2 tax returns I thought they were to use 20% not zero. Do you have a written lease with your tenants? Check out the HAMP guidelines to verify the rental information and see if that helps you.

[we're_still_reviewing]

I just got off the phone with Mary from WF. We are two months behind and she was calling about us making a payment. She had the audacity to ask me if I have applied for a loan modification. She knows full well that I have applied and have been denied.

I asked her why I was denied for a mod. She said because of the investor guidelines. Freddie Mac. I said that the girl I spoke with in August at WF told me that I was denied because we were current and now that we are NOT current do we qualify ? No. Oh. So we don't qualify b/c we were current on our loan and now we don't qualify b/c we're not current ?

She said we have a surplus of $400 every month. So what is the ratio you need to have in order to qualify for these modifications ? Oh, I can't answer that she says. WhyTF, not ? Because then people will know what they need to do to Actually get a mod ? She said she could transfer me to the liquidation dept. to speak to someone about a DIL or a short sale.

Whatever. Go f*ck yourself Wells Fargo. Looks like walking is our only option.

She said we should look into taking money out of our 401K or asking family or even taking in a renter ! Unbelievable.

I'm sick.

[we're_still_reviewing]

Mandy -

Sorry to hear. Sounds like WF and not surprising. File your complaint online with the Better Business and definitely send a complaint to the Comptroller of Currency because the more complaints they get the more they have to leverage when they contact WF to advocate on our behalf. Honestly, I gave up working with the idiots at WF because they lack brains and heart so the only thing it got me from working with WF is an ulcer and high blood pressure! I will have better luck getting outside help and putting the focus on them. I am standing firm on my belief that the investors don't care if they modify our loan if that means their investment is secured. WF is just being the greedy blood****ers they are because we are current and want to **** us dry before they offer any assistance! If it was really the investors then they are well aware of the guidelines so why the pre-qualification? why make people jump through hoops? because they want to give people false hope so they can collect the unwarranted bpo fee of $95!

How do we send a complaint ? Do you have a link ?
Thanks.

[calgirl67]

Unbelieveable. I struggle to digest how these scumbags at Wells Fargo sleep at night.

The reality of it seems to be it is all smoke and mirrors, they really do want your property back, will sit on it till they think the market turns and make a fat profit, and in the meantime they will go crying to the Government that they are broke and need a couple of hundred billion more TARP money.

It's so messed up and WRONG... I have one more trial payment to make.. I am waiting to be denied. Then I will file CH 7 bankruptcy and they can shove their house up their a@@... I will walk away and owe nothing, they can eat it.

I will rent a really nice property (for under half of what I pay now) for the next 3 yrs then buy another property at market value at a mortgage I can afford.

[we're_still_reviewing]

Unbelieveable. I struggle to digest how these scumbags at Wells Fargo sleep at night.

The reality of it seems to be it is all smoke and mirrors, they really do want your property back, will sit on it till they think the market turns and make a fat profit, and in the meantime they will go crying to the Government that they are broke and need a couple of hundred billion more TARP money.

It's so messed up and WRONG... I have one more trial payment to make.. I am waiting to be denied. Then I will file CH 7 bankruptcy and they can shove their house up their a@@... I will walk away and owe nothing, they can eat it.

I will rent a really nice property (for under half of what I pay now) for the next 3 yrs then buy another property at market value at a mortgage I can afford.

You know what.... I bet they don't have any problems sleeping at all. I'm sure they justify it somehow. It's just greed. Plain greed. Sickening. I don't even know what to tell my kids about this country and where it is headed. I fear for their future. All I can do is pray that things turn around by the time they are older.

[Mandy]

dark days,

Yes, this house is with Freddie Mac and I didn't have the money to send in the payment for three months. Yes, I can show it on my taxes, but the lady was asking for the last three bank statements. Then I got a letter that I have to pay so much amount of money ot they will go into foreclosure. I'm still sending an email and I am working on the complaints.... I need help now, because I am behind, not later. Such idiots.

[Tapeoka]

We're_Still_Reviewing (and anyone else interested)

The address and website for the Comptroller of the Currency is below:

Comptroller of the Currency
Administrator of National Banks
1301 McKinney Street, Suite 3450
Houston, TX 77010-9050
(800) 613-6743
www.helpwithmybank.gov

Also, I sugguest you also file a complaint with the Better Business Bureau which can be done online at their website. I just provided the adddress for the Wells Fargo Bank in Iowa and listed the contact person as Denise Erickson. I did get a call back from Wells Fargo "trying to resolve" my issues becase the BBB actually contacted that executive person so the more people complain they will have to listen and do something or be bombarded with complaints.

Denise Erickson (515) 324-2610
Wells Fargo Bank
MAC X2302-019
1 Home Campus
Des Moines, IA 50328

United we stand against Wells Fargo!!!! Did you hear the pressure that Bank of America got from the government that they are actually going to pay the government back the millions owed in the next few days??? We need to put the same pressure on Wells Fargo!

[Mandy]

Tapeoka,

I have been working on the "THREE" complaints that I will be making with both of those places. Hopefully, I will finish today....

Thanks for all of your help.

[Tapeoka]

And I thought no one hated Wells Fargo, Barbara Boxer or Diane Feinstein more than me...this person proved me wrong and further reminds me of why I can't stand those old hags we call Senators. And this is why we are all getting denied by WF!

Posted on craigslist by From Rape of California

FEINSTEIN and BANKSTERS WELLS FARGO (RAPE of CALIFORNIA)

Date: 2009-12-04, 7:45AM PST
Reply to: see below




EVERY WONDER WHY FEINSTEIN AND BOXER HAVE LONG KEPT THEIR BIG FAT MOUTHS CLOSED ABOUT FORECLOSURES? HERE'S WHY: THE BANKSTERS BOUGHT FEINSTEIN LONG AGO, AND BOXER DOES WHAT SHE'S TOLD ANYWAY!



“Wells Fargo said last month that first-quarter profit jumped 53 percent from a year earlier as borrowers rushed to refinance mortgages amid record-low interest rates.”


WHORE FEINSTEIN’S PAYMASTER, WELLS FARGO, er, WE’LL ****UOVER needs more welfare! Now, who would have thought they were finished ****ing us over?
Aren’t these the ****ers that took their first welfare check and went out and bought another bank of ****ers?
Aren’t these the ****ers that had their CA mortgage license REVOKED years ago for ****ing people over with their mortgage scams? And it’s still REVOKED!

WELLS FARGO OPERATES WITH A CANCELLED CALIFORNIA MORTGAGE LICENSE RESULTING FROM THEIR CRIMES
Aren’t these the ****ers that *** DO NOT HIRE AMERICAN EMPLOYEES? *** It sure is! These ****ers only hire foreigners. Chinese, Indians, Middle easterners, anyone but an American!
Aren’t these the ****ers that open bank account for ILLEGALS? ’Cause illegals are easy to exploit, victimize with mortgage scams, and outrageous bank fees? But then you got to give it to the ****ers. They’re sure generous to LA RAZA. No wonder their paid whore, DIANNE FEINSTEIN, wants open borders, amnesty, and the illegals’ voting!
Aren’t these the ****ers that are behind the PAY DAY LOAN SHARK biz? Yep! They sure are. Loan sharking against illegals, the poor, and those foreclosed on by WE’LL ****UOVER is what it’s all about.
Aren’t these the ****ers that came to the rescue of millions of homeowners now in foreclosure? NOPE! Nor will you hear a word from the old whore FEINSTEIN’S BIG FAT MOUTH about foreclosure. She’s living in one of the $50 million in mansions she’s acquired while ****ing us over in elected office. Feinstein’s WAR PROFITEERING MANSION IN SF ALONG COSTS $17 MILLION! NOT BAD ON A SENATOR’S SALARY! PARTICULARLY ONE THAT’S NEVER DONE ANYTHING BUT WHORE FOR CORPORATE DONORS, RED CHINA, AND BUSH’S WAR MACHINE! There’s no deal that goes down that Feinstein and her pimp are not raking it in!
Aren’t these the ****ers that chase after their victims for more fees? Yep! Just ask Lou Dobbs!
Now watch OBAMA and his harem of BANKERS’ WHORES, like Feinstein, Boxer, Pelosi, Biden, NOW WORKING FOR ENDLESS WAVES OF BANKERS’ NO-STRINGS WELFARE AND BONUSES! OBAMA IS THE BEST WALL STREET COULD BUY!
So, I ask you. Who is our government? The bankers’ whores or you? If you thought you were, you’ve bought into one of whore Feinstein’s many acting jobs. She has and will sell anyone out to RED CHINA, BUSH WAR PROFITS, HER PHONY COMPUTER SCHOOL AND AN ENDLESS MENU OF BACK ROOM DEALS HER PIMP-HUSBAND, RICHARD BLUM PULLS IN.

NO WONDER OBAMA WANTED THE OLD WHORE AND HER PIMP AT HIS INAUGURAL! HE WANTED PEOPLE TO KNOW WHAT CHANGE SMELLS LIKE. JUST LIKE A WHORE HOUSE IN WHOREINGTON, D.C., CALLED CONGRESS!

Lou Dobbs Tonight
Monday, November 12, 2007

Mortgage giants Wells Fargo and Countrywide Financial are accused of slapping dubious fees on homeowners struggling to save their homes. With fewer new mortgages being written, these
companies appear to be leaning on these lucrative fees to stay profitable—with devastating consequences for homeowners. We’ll have that report.
……………………….
OF COURSE CA HAD THE MOST SUBPRIME. IT WAS COMING LONG BEFORE ANYONE KNEW WHAT THE WORD MEANT.
WELLS FARGO, AND BANK of AMERICA/COUNTRYWIDE HAD BOTH BOUGHT AN OLD WHORE, DIANNE FEINSTEIN TO MAKE SURE THEIR CRIMES NOT ONLY WENT UNPUNISHED, BUT SO THAT WHEN THEIR GIG OF RAPE AND PILLAGE OF THIS NATIONS WAS FINALLY SPENT, THERE WOULD BE NO CONSUMERS FIXING IT IN BANKRUPTCY COURT.
WELLS FARGO and BANK of AMERICA ARE LONG SUPPORTERS OF THE OLD WHORE FEINSTEIN!
SFGATE.com
California had most subprime loans, study says
Tom Abate, Chronicle Staff Writer
Thursday, May 7, 2009
California was the center of the mortgage meltdown that led to the nation's current economic crisis, as lenders in the state issued a majority of all recent subprime loans, says a nonprofit journalism group based in Washington.
The study published Wednesday on the Center for Public Integrity's Web site analyzed government data on $1.38 trillion worth of subprime mortgages made from 2005 to 2007.
The analysis found that about 56 percent of those loans were originated by 15 lenders from California.
"The size of the industry in California was massive," said John Dunbar, lead reporter on the six-person team that spent more than six months analyzing millions of mortgages.
Titled "Who's Behind the Financial Meltdown," the report examines the causes and consequences of subprime lending. Subprime lenders created mortgages that gave people with low credit ratings cheap initial payments that grew more expensive over time. Some subprime lenders allowed people to state their income without documenting it.
The series examines how rising foreclosure rates among subprime borrowers led to the bank failures that precipitated the financial crisis last fall, and traces the roots of the meltdown and the financial institutions that profited from it.
Dunbar said his team still isn't sure why California was home to so many subprime lenders. The group's list of the top 25 subprime lenders was led by Countrywide Financial Corp. and included IndyMac Bancorp, which was seized by federal regulators last year. Wells Fargo Financial, a unit of the San Francisco banking giant, was ranked eighth in the group's tally, with at least $51.8 billion of subprime mortgages during the study period.
…………
HELL NO, WE DON’T LOAN. WE **** PEOPLE OVER FOR PROFITS. JUST LOOK AT OUR HISTORY!
SFGATE.com
Fed vice chairman sees more pain before gain
Andrew S. Ross
Thursday, May 7, 2009
We'll take it from here: We're sure that JPMorgan Chase didn't intend to rub salt into Wells Fargo & Co.'s wounds when it announced Wednesday that it has made more than 400,000 new loans to Californians, totaling $6.8 billion, during the first quarter of this year. The New York bank has become much better known in the Bay Area since it bought Washington Mutual in a fire sale and changed all the latter's branches to the Chase name. And unlike Wells Fargo, which reportedly has been ordered by the feds to raise another $15 billion in capital, Chase apparently has emerged stress-free.
*

• Location: RAPE of CALIFORNIA
• it's NOT ok to contact this poster with services or other commercial interests

[Tapeoka]

Mandy -

Still filing my complaints with anyone who I think will help. So far only progess is getting those jerks at WF to eat the $95 BPO charge through my complaint to the BBB. Trying to stay warm and still fighting...

[NINJARICK]

Today I called Wells and a rep told me a package was on it's way with a trial period remod payment plan . When I came home from work I opened it and found it to be $800 a month less which is like a christmas miracle for my family and myself. The only thing is they let you know this is only a 3 to 4 month trial and they require all the same documents all over such as your paystubs , hardship letter , tax return etc.. And if that's not enough the due dates for the next 4 months have no grace periods your payment has to be in by the 1st of each month before midnight or the deal is off. I'm not unappreciative at all but after a year (give or take a month here or there) of fighting back and forth , miscommunication with dumbass hillbilly , inbread , and pagan worshiping dullards. You would think that I was done jumping through the ole hoop of fire . The savings is huge and I'll have no problem paying it although it's the due date that scares me . This whole experiance is like playing a very hard video game . Once you think you made through the difficult mission your thrown another harder one to accomplish the only difference is I enjoy playing video games I don't enjoy dealing with these coward telephone tough guy A-holes. I had to get every agency and politician after them to make them move faster . I even e-mailed the blind governor of N.Y. ( he doesn't get involved with this stuff but I thought It would be hilarious to email him ) I even once reported wells to freddie mac. You know I'm tired of when I call wells that they ask you the same questions , do you intend to keep the home your living in . Hell if I didn't intend to keep my home would I bother calling you dumb f'n a-holes. I know trained monkey's who can do a better job on the phone then any wells representative . So far after talking to a myriad of representative in the last year I take it that wells hires the following: Elderly retired grandmothers , Terrorists, Inbread Hillbillies , People who don't know or understand the english lanugage, People who don't know jack **** about collection law, Generation Z 20 somethings who can't wait to end their shift so they can smoke crack and watch the ***** twilight. My first payment along with the package of my same info is due by 1-1-2010 I'll have it in on time. But you have to wonder how long will they continue playing this game of tag your it . I've said this once before and I'll say it again . We thought Bush was horrible but at least he sent lump sum checks to homeowners every year . If I had one of those puppies now I'd be able to send the whole first payment right now . This loser we voted in reminds me of castro he was also young and handsome and spoke great things to his country You all see where that went. So lastly I say if wells plans on screwing me and you and your uncle lou. The only thing left is to move to france where health care is free , where jobs give you a month off your first year, where the beachs feature scantily clad french women, and cheese and wine are cheaper then cracker jacks.

[stillhoping]

Tapeoka - where do you stand now with Wells Fargo? Has your complaints helped get anything done. I sent complaints last week and don't know whether to be hopeful that they'll make a difference. Please post.

[NINJARICK]

Sorry I haven't updated everyone on my progress with Wells . My computer had died along the way and when I got a new one I couldn't find this website I had it bookmarked on my old one. Anyway this week I will be making my fourth trial hamp payment. I still have no word from wells as to when they will approve me permanently . And in the meantime these criminals are threatening me with foreclosure , accelerated payments etc. It looks like they are just playing a game of *** and mouse waiting for enough time to pass so that they can start proceedings to take your home but you know what it can't be legal . I work for a collection law firm and when we send out forbearance agreements to consumers who need to pay less or settle as long as they sign send docs and make ontime payments we cant proceed against them. As far as I know a forbearance agreement is the same for all debtors not just collection law firms and wells is not abiding by the law. I called them today when I got their nasty note in the mail . All the rep could do was say that I'm still on the trial remod but they are still working on it . She also said and I'll quote (picture your best hillbilly old lady voice) " Like I tell all mah customers just cause yer on a remawd doesn't mean we can't foreclose on ye" I told her that her company is in violation of federal fair debt practices and that I may have to foreclose on her then I hung up. If nothing else it made me feel better. I also e-mailed my N.Y. state senator Gillibrand (another tool) regarding what wells is doing. My next step will be to contact Freddie Mac and Springboard (hope alliance tools) they actually did help grease the wheels originally on a three way (that sound hot) call to wells which got me on the trial remod in the first place. When will all this crazyness end. More details to follow . And btw I didnt vote for Obama so its all of everyone elses fault.

[Tapeoka]

Hi everyone -

Wished I had better news to update but as it stands the complaints to different agencies and government offices has not help one bit which is discouraging and disappointing. I am still watching my friends and neighbors with loans with WF walk away from their homes because WF being the jerks they are will not help. I have given up on working with WF as it is nothing but a waste of my time and making my blood pressure go up. I'm at the point of "fuk it all and I don't give a $hit." I know of several friends going through the Short Pay Refinance route and have had success. They were not able to get a modifcation through WF but goign through the Short Pay Refinance they were able to refinance their homes at the current market value and not the amount they actually paid for. They bought their home for $560K and got approved to refinance their home for $420K at 5.0% fixed 30 years (the remaining balance owed is paid through the program and they no longer owe $560K but what their home is currently worth which is $420K and best of all their loan is no longer with WF!!). Here are the information and link on how it works. Anyone in California:

Some help for Homeowners in crisis - 1/06/10 - San Francisco News - abc7news.com

Homeowners in crisis, A secret the banks aren't telling you that could save you thousands of dollars.

Wednesday, January 06, 2010

Do You Qualify for Short-Pay-Refinance?

• Have you been current on your mortgage for the last 12 months?
• Do you currently owe more on your mortgage than the house is worth?
• Are you unable to refinance out of your existing loan?
• Have you been employed for the last 2 years?
• Do you have a 620 credit score or above?

Terms you need to know:

• Short-Pay-Refinance: Is when the proceeds from a refinance fall short of the balance owed on a loan secured by the property refinanced at current value
• BPO (Broker Price Opinion): Lenders valuation of equity (or lack of), by determining the probable selling price
• FHA (Federal Housing Administration): A Government mortgage that is insured by the federal housing administration
• Mortgage Insurance: Insurance protecting a lender from a mortgagor's default

Loss mitigation is used to describe a third party helping a homeowner, a division within a bank that mitigates the loss of the bank, or a firm that handles the process of negotiation between a homeowner and the homeowner's lender. Loss mitigation works to negotiate mortgage terms for the homeowner that will prevent foreclosure.

These new terms are typically obtained through loan modification, short sale negotiation, short refinance negotiation, deed in lieu of foreclosure, cash-for-keys negotiation, or a partial claim loan or other loan work-out. All of the options serve the same purpose, to stabilize the risk of loss the lender (investor) is in danger of realizing.

The different options are available to homeowners to try getting the homeowner to "perform" (pay timely) and cure the potential loss the lender/investor projects incurring through the foreclosure process and auction sale of the property.

An HUD-1 Statement is a document prepared by a closing agent describing a real estate transaction, including the escrow deposits, commissions, loan fees, points, hazard insurance, and mortgage insurance.

A Deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower ) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings.

Critical Steps to Remember When Short-Pay-Refinancing your Loan:

1. ACT NOW! Do not procrastinate. Remember that this is not a process that is advertised by your lender, norwill it be in the future. The reality is that the moment that lenders regain leverage or control of the market due to property values rising, they will have no incentive to work with you in form of a Short-Pay-Refinance.
2. Make sure to seek professional assistance due to the complexity of this process.
3. Do not submit false or untruthful information&EVER. Remember, this is what got us all in this mess in the first place.
4. Be timely with any additional documentation requested by your lender (within 24 hours if possible.
5. Be persistent and don't give up. I am a firm believer in the old saying, " a squeaky wheel gets an oiling." Turning a blind eye and "assuming" will truly get you nowhere in this day and age.

About short-pay refinancing your loan:
With a Short-Pay Refinance, the bank or mortgage lender agrees to discount a loan balance due to an economic or financial hardship on the part of the mortgagor but more importantly the lender.
This negotiation is all done through communication with a bank's loss Mitigation or workout department. The homeowner/debtor refinances the mortgaged property for less that the outstanding balance of the loan, and turns over the proceeds of the refinance to the lender in full satisfaction of the 90 to 97 percent agreed upon debt.
In such instances, the lender would have the right to approve or disapprove of a proposed loan balance. These circumstances are usually related to the current real estate market and the borrowers' financial situation.
Attached are two documented examples for what we have done for clients in the past.
For more information call Mr.Anthony Wiench at 925-570-9800

Anthony Wiench
OF Lending Group Inc.
7139 Koll Center Parkway #250
Pleasanton, CA 94566
Cell: 925-570-9800
Fax: 925-474-8106
eMail: ajwiench@ofloan.com DRE# 01145903
Web Site: www.oflcorp.com DRE #01855443

[stillhoping]

That's great for those that our current. Unfortunately many of us are delinquent and won't qualify. I wonder how long it will take them to restructure to help those that are late as well.

[NINJARICK]

I just made my fifth trial hamp payment to wells the other day. They still haven't approved me permanently but the rep said they will rap it up about the middle of may . They still send me letters threatening me as if I don't have a trial remod but I know they don't have a leg to stand on at the present time. The agreement I signed with them even though it's a trial is still considered a forbearance agreement. Which wells knows they will not be able to come after me in any way shape or form legally as long as I keep my end of the deal . I urge everyone not to give up no matter how many times it takes you to fill out forms or fax or email whatever you have to do . Wells want's you to give up . They wan't your home, they don't want you to save money so they make it almost impossible mentally for you. But it's not impossible legally . If you have a freddie mac or fannie mae loan contact the Hope Hotline they partner with a company called springboard they will make a three way call with you and get wells to cooperate. Remember when your updating your debt with Wells it's not good to include every bill you can think of especially if it's not showing up anywhere (such as gym , martial arts, food shopping etc.) They don't have to know how much debt you owe if you can help it. The reason I say this is because at first I was including my wifes debt along with mine and giving every fart & tittle I could think of . I was denied three times for doing this. Soon as I got my wife to sign off on a statement I made stating she pays her own bills and doesn't contribute to the mortgage. I pulled back on a few items that wells has no way of checking on. Then I called Freddie Mac & logged a complaint against Wells , next I logged a complaint with springboard via the hope hotline. The very next day I received a call from the executive office of wells making nicey nice with me. It's taking me almost two years and I'm not outta the woods yet. Also before I was approved for the trial remod I was behind in the mortgage for at least 3 months . It would take me at least 2 to 3 months to pay one months mortgage. So don't think you have to be on time with your payments. They want someone who is behind in payments, and is only $300 or $400 a month behind in bills . If you show something like $2g forget it you get turned down. I didn't lie about it I just supplied what is on my credit report , didnt include my wifes credit cards ( I don't legally have to ) it's no business how much I spend in food, cell phone, etc. showed my paystubs and truthfully explained the financial problems is due to a gigantic cut in my salary. In my case I lost a long time job was out of work for 6 months, lived on credit cards to pay the mortgage got more in debt then took a job making 7grand a year less. You all worked hard to get a home don't walk away from it . Thats just fear they want you to be afraid , read them the riot act make them afraid . If their nasty to you or become judgemental quote the FDCPA harrassment laws to them . Tape conversations , get names , extenstions, Numbers . Don't deal with the main phone # for wells only talk to loss mitigation their the only ones with brains in the whole company anyway. I'm praying for everyone out there cause we are all in this together I'm not done yet but will keep everyone posted . If I find out any important tips that are helpful I will post it. Remember we fought the revolutionary war many centuries ago to free ourselves from the tyranny of england and their unreasonable taxes don't lose to a bunch of morons like Wells Fargo.

[NINJARICK]

Okay the ninja is back and he is pissing mad at wells . Let me tell you something all of us that are having problems with these Aholes need to get a class suit action going against them. After making 6 trial payments they kept ****ing around with me saying we will wrap this up soon . This went on for weeks till finnally they sent a denial letter stating I don't qualify for the hamp program based on 33% of my income and my paystubs . WTF!!!! are they kidding me it states they cant change the terms of the loan. What What What What What. These losers think they are going to get away with this . I am now calling them at least once every day just to annoy the crap out of them. Today they told me some mumbo jumbo about they are trying to find a different program for me that is just as good as the hamp . They claim I'm still on the remod with them while they look for a program. That in itself makes no sense. She says that they recommend I make my original mortgage payments instead of the trial payments but if I cant afford it to at least make the trial remod payments. They are wacky bastards arent they. I reported them last night to the better business bureau. I'm no longer certain what's gonna happen. One thing i know for sure is that I'm not giving up my home. I will never do short sale . If I have to I will do chapter 13 to prevent foreclosure proceedings and only if I have to. Wells Fargo is the biggest scam , lowlife scum . I must say I blame it on the cheesy loan rep I dealt with who was a the brother in law of a co-worker . He worked for top dot morgtage their criminals also .

[NINJARICK]

The most recent news in my long journey into darkness with the criminals at Wells Fargo Home Mortgage is that now after taking 6 trial payments from me on time every month updated my info almost every month with them. They decided I don't qualify for a permanent hamp program. I pitched a fit over the phone with them. I called them back the next day when I was calmed down but same bullcrap they claim they are looking into other programs for me where i can afford to keep my home. They are lying sons of bastards. How do they approve me for a trial remod take my payments past the 3- 4 month period and then turn me down. Sounds like to me they ar stalling for time to take my home away from me. I will not give up my home, I wont do short sale I wont walk away. If I have to I will stop paying get an attorney to fight them in the meantime. And if all else fails I will do a chapter 13 where they will be forced (thats right forced by law ) to lower my monthly payments while they will not be able to forclose. Wells broke every law on the books while I was on the trial remod. In the trial package documents it states as long as I comply by sending my info and making my payments on time they can not take action against me or threaten me . Well they broke that rule from the outset each month their collection dept would harrass me over the phone and in writing claiming they had started foreclosure when in fact they hadn't started anything. I may have to sue them for breaking a forbearance agreement. I may be able to sue them for a few million. Which would be great cause then I wont need a remod , they will be forced to kiss my ass and I will ride off into the sunset in my new Audi R8 .

[NINJARICK]

Ok they denied me again this time in error stating my monthly bills are $3500 and my take home pay is $2600 which is a $900 deficit well thats wrong. I guess they never learned math out there in hillbilly land. I sent them my documents Im only $200 to $300 behind at the most its not $3500 it's $2700 they can't count. I called them up got an ignorant robot asked for her manager she insisted I tell her why I wanted one or she couldn't put one on. So I told her I want someone who understands that two plus two equal four and not 400 . I hung up on her called back and actually go a somewhat intelligent person who went over my finances by phone and said that he see's the discrepency and for me to reapply with these new figures. Their not new figures there the same figures but these morons mess up your information just so they can deny you for a permanent remod. How is it that I was approved for a temp remod and the figures were okay for that but it's not ok for permanent. That doesn't sound right . So here we go again I have to wait for my new paystub this week then fill out those damn forms again along with hardship letter etc. It's been two years of me doing this for both the temp remod and now for the perm remod. And there's no guarantee that I'll get it approved. The rep states that with what I told him it looks like I have some wiggle room. I'm not applying for a refinance , or a car , or a personal loan. This is supposed to be the presidents making home affordable program where they lie to you and tell you don't worry if you don't qualify for the HAMP we have other programs. Well guess what those other programs are . My denial letter didnt say they had other programs for me it said that my only option was short sale or deed in lieu of foreclosure . Thats where you sign over your rights to them and walk away. Fat chance in Hell Wells Idiots . I do have another option and I don't even have to qualify through these hillbilly scum. It's called chapter 13 bankruptcy through any competant attorney. What you do is stop paying wells save the money give it to an attorney he files for you in bankruptcy court. Then wells takes it up the ass like they have been giving it to me and everyone one else up there. Thats right up the freaking ass when the bankruptcy judge awards me a lower monthly repayment program and wells can't do anything about it , freddie big mac with cheese can't do anything about it . And that lying phoney president can't do anything about it. I'm fed up with a system that only works for people with money . If your only a dollar short wells will approve you. But if your struggling to pay your mortgage they deny you. Something is wrong with this picture.

[NINJARICK]

Wells Fargo Home Mortgage are using criminal banking techniques to deny everyones remod. Yes they have done this for the last time . I just retained one of the biggest real estate law firms from florida that have been in the news fighting these bastards. Guess what wells i'm not paying you a damn cent now since you've caused me to have to litigate against you . Perhaps the attorneys will be more succuesful than I have been for the last two years . If not they hope to untie me from any uneccssary fees levied by these retarded a holes at wells . To me it doesn't matter cause like William Wallace i'd rather go down fighting for a cause I belive in then lay down for wells and let them rape me with wild abandon. I'm going to spend the rest of my life fighting wells till I get their banking license pulled , untill i'm on every media news network giving them the finger . Wells will not win this time even if they take my house they will not win. They broke a forbearance agreement illegally. They have broken several fdcpa laws and I'm sure I will be awarded a nice lump sum after this is all over. Take my house wells I will piss in the sheet rock , I will rip out the appliances , pour the contents of my cats litter box all over every surface that your agents will have to walk over . Then I will laugh my balls off thinking about it from my beautiful new home that I will purchase after saving up all the money that I am not paying you . My attorneys are high powered and will stall your ass for a long time while I pay you nothing. I win in the end either way . Get the vaseline ready and bend over Wells cause when I'm done with you your gonna get what you've given sooo many homeowners in the past few years .

[jctmay]

I have had problems with Wells Fargo from the beginning of the modification process. I began the modification process before I ever missed a payment because I lost my income. They distressed the the great credit history I built during my adult life, my reporting erroneous information to the credit agencies. They lost my initial information and payment, changed the date of my payment due without corresponding with me. They strung me out for over year requesting information monthly. Sent modification papers with a mortgage balance $11,500.00 more than the statement balance. Never explained the difference in the balance, despite numerous calls and correspondence. Finally Gregg decided, according to him, to pull me from the program because he did not receive the mod papers six days after he sent them, when they clearly state the must be returned by 10 business days. Can anyone beat that?

[judithoo5]

i was denied hamp after 5 months on trial...when i asked to verify my income it was all wrong.....i called the executive office and they said to send my financial again so they can review it again....i am just so tired of resending papers...Today i called the loss medigation department and i was informed that they are reviwing me for something else and i should get a letter soon in the mail...I've been trying to get a modification since April 2009 when wells fargo was Wachovia...

[NINJARICK]

i was denied hamp after 5 months on trial...when i asked to verify my income it was all wrong.....i called the executive office and they said to send my financial again so they can review it again....i am just so tired of resending papers...Today i called the loss medigation department and i was informed that they are reviwing me for something else and i should get a letter soon in the mail...I've been trying to get a modification since April 2009 when wells fargo was Wachovia...

I hate to tell you this but that something else that they are telling you is called short sale. Yes they did the same crap to me they denied using wrong figures I also called in to tell them the correct ones they told me send in again and before they even recvd the package from me they denied it and said only other program for me is short sale. I have a nationally known attorney from florida even though I live in n.y. they do all states and are real estate attorneys. Their very good. I just started with them. If your interested you can google them Kel attorneys.com it's the law office of Kaufman,Englett, & lynd . Mr englett has been on 20/20 and other news programs speaking out against wells fargo . I'm not out of the woods yet but at least I have a law firm behind me now .

[calgirl67]

to the NINJA:

I agree Wells Fargo are the biggest ahole criminals I have ever had the displeasure of encountering anywhere. They could not fall over themselves fast enough to lend us this toxic mortgage, yet I too have heard every BS excuse in the book, usually delivered by an uneducated moron, to deny me a modification of my mortgage.

I received denial # 4 on Monday and we are now DONE with this money-****ing house. They can have it.

How ironic Ninja - I ACTUALLY WANT A DEED IN LIEU!! I am not doing those aholes any favors selling this house for THEM. I plan to call them and ask for a deed-in-lieu next week after I get a better idea of our timeframe for finding a rental or lease option property to buy.

I am counting on those halfwits not even being able to manage a deed in lieu... at this stage I think they would even manage to screw up a foreclosure!

[cahomeowner]

so where do you go from here?

[calgirl67]

Us? We have been looking at rentals and houses for sale that may consider a lease option for 3 years.

We are SO done with this crap and this house, we want to move on.

We have NOT been served a NOD yet. When WE are ready we will call and request a deed in lieu and reminded them this debt (mortgage) was discharged by bankruptcy so they should take it and save themselves some money by not having to foreclose.

I'll give them a deal they should not refuse. They give us a deed in lieu AND cash for keys and I will finish off the floor tile project and half painted rooms. I will also be nice enough to leave MY 18 mth old top of the line appliances..

You know one moron at Wells Fargo had the nerve to tell my husband "but if you don't pay you won't get a mortgage through Wells Fargo ever again". OMG you should have heard my husband's response... like we would ever want to have anything to do with them ever again.

Part of my husband's response was "I would rather live in my car than every borrow off you a-holes ever again".

[NINJARICK]

Nice I agree with your husband. My first retainer fee for my attorney goes through today so I'm gonna let them take over the fight for me and stall these morons off for another year that will make 3 years of trying to reduce my monthly mortgage. Right now I've totally stopped paying wells they aren't getting a cent from me untill they either permanently remod me or take my home. In the meantime they had the nerve to first send me papers for a short sale then two days later send me diff docs to apply for the remod again . They are seriously f'd in the head over at wells. I have a complaint logged with the BBB and Freddie Mac so I'm keeping the same pressure on wells that they have on me. And i'm loving every minute of this. My attorney costs way less a month then even the remod amount. I just want to say for the record if anyone from wells is reading this I'm hanging out today with my son having margaritas , eating fine ass cuisine, renting ****** , buying high end sake and sushi going to malls and living my life again and I don't intend to send one penny into you aholes for the next 12 months or however long it takes my attorneys to fight you. Oh and btw after all that spending I'll still be able to save up a nice pile of cash to put down on a new living arrangement should I have to give up my house which I don't intend to do unless all else fails and if that does happen I'm pulling every appliance out, I'm putting my cats litter in the sheetrock, letting the drywall rot out from mildew and putting excrement on everywall I can find. your choice wells cooperate with my atty and me and give me what I want or lose your investment while I laugh my balls off. Am I vindictive well let me put it to you this way you created this anger in me wells by jerking me around and playing with my mind for two years you caused my wife soo much stress she has breast cancer. Wells Fargo Home Morgtage you can rot in hell .

[judithoo5]

NINJARICK your story is similar to mine i understand your pain.....After 5 trials and denied i decided to stop making payments.. i dont want to play their games anymore when they decide to lower my interest rate i will continue making payments....if Not maybe i get somebody to buy my own house and then rent it to me.....

[calgirl67]

THE NINJA: Ha you crack me up. I heard stuffing a raw shrimp in the wall cavity or attic stinks the house up something baaddd... Just save some of your fine ass sushi and stuff some tuna in there, that will put off any potential buyer for years...

I literally just checked my mailbox and lo and behold: a DENIAL letter from the fools at Wells Fargo. "X" Denied by Investor.

Next paragraph goes on to say if my mortgage payment is causing us stress to contact these HUD approved agencies to assist in lowering your payment. Also gives a fax # to send any updated documents to assist in the decision making process.

ARE THEY FOR REAL?

I am going to do the shrimp idea if they don't play MY game and give me a deed in lieu when I want it.

What a bunch of stupid pr@&^s.

[NINJARICK]

Isn't it criminal how wells and other banks were awarded billions in tarp money but out of 104,000 temp remods granted only 3000 of them were given a perm remod. Then you and I and others out there have to wonder are they going to lower my mortgage or take my home. I just contracted with the florida firm of Kaufman,Englett, & Lynd you should google them they do great stuff fighting and publicizing their fight against wells fargo home predators. They can't guarantee as no one else can either that they will save your home but they told me they will do everything in their power to resolve this issue smoothly either for a perm remod or short sale with hardly no ties to owing these aholes any fees. I'm hoping to keep my home for less monthly. But I'm being realistic and saving up for the next year. It will only take me four months to pay off the attorney fee but they go full steam head from the retainer fee . So if your interested in using them google them at KEL attorneys.com or look up the law firm of Kaufman,Englett,&Lynd . Good luck fellow Homeowner don't give up or give in . Dont quit the fight early do everything in your power to keep your home and report Wells to the BBB if enough people do this even if you don't get good results it's still a report that gets flagged . Sooner or later the bad press bearing down on wells will do them harm . I'm looking to sue them for over half a millilon for breaking a forbearance agreement with me. I may not win but I will stress their ass more then they stressed mine.

[Tapeoka]

Attention homeowners who have been wronged by Wells Fargo! A class action lawsuit was filed against Wells Fargo in California on November 23, 2010 representing homeowners all across the states who were mislead by Wells Fargo in thinking they had to be in default to qualify for a loan modification and then having their homes foreclosed or shortsale on them! Or denied by Wells Fargo for a modification even though they absolutely qualified and met all the criterias for the HAMP program!
If you would like to join in the class action lawsuit please contact the law firm of Harwood Feffer LLP www.hfesq.com
Please spread the word and join the fight to bring these crooks to their knees!!!