Wells Fargo & Company Mortgage department,
Reverse mortgage Application, originator, mortgage broker Massachusetts
I would like to begin on page - of Fannie Mae ( FHA ) application Case No. - - - - - - - - is listed as $0.00 As I have previously noted, most loans and/or non real estate debts are huge factors that bring your credit score down and prove to the lender that you are " not creditworthy. '' In the case of a reverse mortgage, the lender wants to see the reverse of a creditworthy applicant to gauge the borrowers inability to maintain the property, pay homeowner 's insurance, and PAY THE PROPERTY TA-ES. Wells Fargo ran my credit to ensure that I was a great risk of NOT having the means to keep up with the various requirements of my Reverse Mortgage. In an obvious attempt to deceive the FHA, Wells Fargo indicated that I was " debt free. '' I have previously indicated that my credit score as of -/-/- was considered to be extremely poor. I had non-real estate debts totaling in the tens of thousands of dollarsand a lien against my property from a - credit card. I also had a car repossession in excess of $18000.00. I will obviously submit a
happy to sit down with the - Attorney General along with any lawyer from -. - - states " If you answer yes to any questions athrough j, please use continuation section ( page - ) for explanation '' There are - YES answers that are not indicated or explained on page -. Most importantly, page - clearly states that I had $.00 for AMOUNT OF MORTGAGES AND LIENS and the UNPAID LOAN BALANCES total $.00. - explanation of " benefits of my reverse mortgage was to pay E-ISTING MORTGAGES '' In another attempt at falsifying the FHA application, it indicates that I did n't have any pre-existing MORTGAGES or LIENS. Page - NOTE : FHA insures reverse mortgages for one-to-four-family units under provisions of section - of the - ( - -, United States -, Section - et seq. ). Public reporting burden for this collection of information is estimated to average - hour per response, including time for reviewing instructions searching existing data sources, gathering and maintaining the data, and completing and reviewing the collection of information. Continuation Section/Residential Loan Application for Reverse Mortgages Use this continuation section if you need more space to complete the Residential Loan application. - - for borrower or C for -. The Borrower is not marked as B, but does list ( me ) - the Agency Case Number : - -, and Lender Case Number : - Use this continuation section if you need more space to complete the Residential Loan application. The continuation section is - -. At the bottom of page - it states " I/We fully understand that it is a federal crime punishable by fine or imprisonment, or both, to unknowingly make any false statements concerning any of the above FACTS as applicable under the provisions of title -, United States -, - -, et seq. '' Below the federal crime warning is a box for theBorrower 's signature. - -, - - -, - -, and - -, Where 's my $35000.00? Both the CFPB and myself both have more fraudulent explanations from a - - who is alleged to be employed by Wells Fargo Bank as an - Resolution -. She indicates that each correspondence in response to her investigation are NOT for letters. I will have my investigation completed by - -, -. In my 68 years, I have never experienced such deceit and fraud pertaining to my HECM.
Wells Fargo & Company customer in Massachusetts
Dec 12, 2016
* Source: CFPB Complaint Database
Wells Fargo & Company response to complaint:
Closed with explanation
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