Wells Fargo & Company Mortgage Complaint

Wells Fargo & Company Mortgage department,

Other mortgage Application, originator, mortgage broker North Carolina

Why is the Federal Government supporting the new 3 % mortgage downpayment products recently being offered by Wells Fargo and -? This is exactly what caused the housing crisis bubble which caused the 10 year depression we are just recovering from. There is no way that - - and - - should again be involved in underwriting these risky loans ... .Your organization should be fighting this new movement back to risky loans and business practices on the backs of taxpayers. I have already written my Senators and Congressman to step in and escalate this new movement so it 's more transparent to everyone ... ..please have someone in authority do something before it gets out of control ... and we all know it will! Regards, - NC