Wells Fargo Mortgage Complaint

Wells Fargo Mortgage department,

Conventional fixed mortgage Loan modification,collection,foreclosure California

Introduction/Financial Dilemma : I am writing this letter requesting your cooperation in reviewing my financial circumstances to qualify me for a loan modification/ MAking Home Affordable, Keep your Home California , - - Loan Modification . It would be beneficial to both factions and it would allow for my son and I to stay in our home by getting our mortgage payments back on track with an affordable payment. I would like to explain my unfortunate set of circumstances that began 1-years ago when I was laid-off and my mother was -. I was unable to keep up with my payments in -/-/-. In -/-/- Although I fell behind in payments, Wells Fargo had advised not to make payments in order receive a loan. I had to resubmit my loan modification packet to Wells Fargo over & over again for a year an a half. Then after many loan Mod submission I was denied without an explanation of any kind. Unfortunately I never received a correspondence letter nor by mail or email about my FORECLOSURE. I found out when I called the - customer service number.


An Interest-Rate Reduction to 2.00 to 2.375 % Fixed ratePrincipal Amount Reduction $ $ /Debt Forgiveness ) Reduction/Debt Forgiveness of Missed Payments and all Foreclosure, Attorney, Late, Inspection fees to be waived, abatement from time of no payment to recent year -/-/-. An extension in the length of the loan ( - to - ) and a new lower mortgage payment that I can afford. with an affordable payment of $1600.00 a month. HARDSHIP LETTERInvoluntary Hardship due to Reductions of Income/Laid OFF/ Mothers illness due to - : My household financial circumstances had changed for 1+ years due to my employer laying me off from full Time work /Being my mothers care taker due to her - & due to the economic down turn that caused reduction of income. Unavoidable increase in expenses : Monthly Mortgage/Property Taxes/rate is beyond my means/substantially higher paymentPlease reconsider/Recommended Solution : I am desperately pleading to continue to reside in my home, along with my family. Foreclosure is not an option for me. I do not intend to involuntarily/voluntarily foreclose ; rather seek a mutual solution from Wells Fargo Bank. If given the opportunity, I feel confident that I can maintain my mortgage payments and stay current. I like to inform you that my financial position has changed for the better. I have a new full-time job and I have eliminated unnecessary expenses. I have every intention of meeting my obligation. If granted the 2.0 to 2.375 % interest rate and a principle reduction, I can afford a monthly payment of $1600.00 with property TA-ES/INSURANCE included with monthly payment. With my new current income, while keeping my mortgage account current.With your help, this may expedite/halt foreclosure proceedings on my home. I desperately seek your assistance. Please hear my request as I have exhausted all possible avenues to my knowledge and will hope to avoid a costly foreclosure. Prior to my unforeseen circumstances, I was a dedicated homeowner who paid her monthly mortgage on time. I thank you in advance for your time and consideration. My Family and I appreciate and look forward to working together to find a speedy, mutually agreeable resolution for an HARP/HAMP-1/ Making Home Affordable loan modification. I will keep making efforts to turn a difficult situation into a positive one for everyone 's benefit. I want to make things work in our home and I will keep working my tail off the keep my American Dream alive.