Just received a letter from WF stating that "THIS LETTER IS FOR INFORMATIONAL PURPOSE ONLY. THIS IS NOT A DEMAND FOR PAYMENT".
The above loan file has been referred to our attorneys with instructions to begin the foreclosure proceedings.
You are hereby notified that, due to the default under the terms of the mortgage or deed of trust, the entire balance is due payable.
In the event you are experiencing an involuntary inability to pay and wish to explore an opportunity to reinstate, or need assistance in selling your property, please contact our offices and request to speak to on of our borrower Counseling Representatives.
WHAT DO I DO NOW???
When I learned my wife hadnt paid the mortgage for MONTHS about 7 months ago, I immediately got on the phone with WF to try and clear it up. They sent me modification papers on a Friday and I had them back on their desk that following Monday. They rejected me! When I stated why, they stated that the modification I was already applied for an was honored was defaulted 2 months after I received it.
I went directly to the top. I emailed all the executive board members. I DO NOT WHAT MY NEXT STEP IS??? Do I get an attorney at this point???
Please point me in the right direction here...I would greatly appreciate it!