Wells Fargo Mortgage Complaint

VA mortgage Loan modification,collection,foreclosure

Wells Fargo Mortgage department,

VA mortgage Loan modification,collection,foreclosure Florida

Wells Fargo sent 4 loan modification packages. I signed the first one on - -, 2015. It stated there was a HUD partial claim. There were 3 other packages sent - -, - -, - -. No partial claim was available. I am a - veteran. The equity in the home went down from - to -. The last payment of principal and interest was -. The loan modification put interest and escrow on top which is -. The home is structurally unsafe and was ransacked/vandalized. The home is not livable. I put a claim in to the insurance company because there was prior damage. And they stated it was below $1000.00 deductible. - - the loan preservation specialist at Wells Fargo did not determine it was fair market value. I calculated the NPVand it went down to - with 480 month term of -. I keep getting the run around from Wells Fargo. This is a VA guaranteed home loan. I contacted the VA Virginia - Loan center and they said fair market value. They said I would decline the loan modification and send 'Deed in lieu of foreclosure '' to Wells Fargo and Wells Fargo would send it to the VA loan center to sell the house.

Wells Fargo customer in Florida
Jul 24, 2015

* Source: CFPB Complaint Database

Wells Fargo response to complaint:
Closed with explanation

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Contact Wells Fargo

http://www.wellsfargo.com/
(866) 249-3302
[email protected]
420 Montgomery St Frnt
San Francisco CA 94104
Wells Fargo
Wells Fargo

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