Wells Fargo Mortgage Complaint

Home equity loan or line of credit Loan modification,collection,foreclosure

Wells Fargo Mortgage department,

Home equity loan or line of credit Loan modification,collection,foreclosure Georgia

i am licensed GA real estate agent. I am extremely active in the real estate market and do a significant number of transactions. Even with my my significant real estate experience, I have come across a situation that not anyone I have contacted can help resolve. We are scheduled to close on my primary home and a line of credit from Wachovia ( now Wells FArgo ) has shown on title to the property. We have over 100 man hours ( no exageration ) attempting to get in touch with someone at Wells Fargo. This includes the attorney 's office. We have escalated to the Office of the President '' at Wells FArgo. Wells Fargo will acknowledge we have a - balance but they will not give a release. Without a release, I can not convey the property. We are going to make a complaint with the Department of Banking and Finance. Unfortunately, that is a slow process and could take several months to resolve ... .no guarantees on this course of action. We could hire an attorney but an attorney in this field is going to charge $350.00 per hour. The number of hours that the closing attorney has put into this researcjh and our time is once again over 100 hours. You can see the 100 hours at $350.00 per hour gets very expensive. We are scheduled to close this Friday. We are truly at our wits end. Even with my tremendous amount of experience, this has stumped everybody involved and we have no idea what to do.

Wells Fargo customer in Georgia
Sep 29, 2015

* Source: CFPB Complaint Database

Wells Fargo response to complaint:
Closed with explanation

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