Wells Fargo Home Equity Loan Or Line Of Credit Complaints

Review and analysis of over 1,003 Home Equity Loan Or Line Of Credit complaints against Wells Fargo

Wells Fargo consumers have reported over 1,003 official complaints related to Home equity loan or line of credit. Out of the 1,003 consumer complaints against Wells Fargo, 25% were disputed by the consumer (i.e. the consumer was not happy with how Wells Fargo responded to their complaint) and 100% were processed in a timely manner. 3% of consumer complaints against Wells Fargo resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 4% resulted in non-monetary compensation.

Get Help

Get personal financial help today. Free tools, resources, and support you need.

Help Me

File a complaint

Submit a complaint with the Consumer Financial Protection Bureau today

File Complaint

Stop Phone Calls

Stop harassing phone calls, know your rights and what you can do to stop them

Stop Calls

New Home Equity Loan Or Line Of Credit Consumer Complaints


Wells Fargo Mortgage loan modification,collection,foreclosure

January 21, 2016 - I have - loans on my home. The first mortgage after much stress, hassle & lies from this bank, I finally received a loan modification. The - loan is a HELOC with " Wells Fargo ''. They told me that if I could get a loan mod from the first lender it would be much easier to get modified with them. They denied me twice, saying I can afford the monthly payment as is. Which seems to have nothing to do with any reason to deny an approval. The payment would have to go up regardless & if I made less money they would say I could not afford it & be denied as well. They even added $1000.00 to my ...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

January 21, 2016 - My name is - -. In 2010, my wife, - - and I had to file for Bankruptcy due to a job loss. My wife passed away last year and I am trying to sell the home. I am having trouble getting Wells Fargo to issue a payoff demand. I am in Escrow and the buyer is threatening to cancel because we have been waiting 2 weeks to get this information. Please help me to get this payoff amount asap. My SSN is -. Attached is the Bankruptcy paperwork and Deed of Trust. Thank you! ...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

January 16, 2016 - The bank ( Wells Fargo ) mistakingly applied a home equity line of credit payment to " principal only '' instead of interest and principal. The next month, when I went to mail a check, the account was in a past due status. On the payment coupon I recieve every month, there is no " principal only '' option, so someone at the bank decided on their own that I must want my account to lapse into past due status. As a result, my HELOC account was placed on restricted status and negative information may have been reported on my credit history. It was completely the bank 's mistake. They offered to re...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

January 12, 2016 - We have been issued foreclosure notices by Wells Fargo on a second mortgage. The reinstatement quotes include lender placed insurance. We have had insurance without lapses for the entire period indicated by their quotes. We have provided them with proof of this on many occasions. They have not corrected it and are continuing on this foreclosure mission. They will not accept any payments from us unless it includes the insurance premiums. ...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

January 12, 2016 - I have an Home Equity ine with Wells Fargo , NA, since they acquired Wachovia Bank. Since the changes in FEMA 's Flood Insurance Maps, Wells Fargo has insisted that I obtain Flood Insurance on the property mortgaged. The requirement was for the amount of the lien against said property. Since last year, Wells Fargo has billed me for an excess of the amount of insurance they claim I require because their figures show a lien amount in excess of the amount of the Actual lien. I have called Wells Fargo on -/-/15 and this situation was supposed to be corrected. To date, Wells Fargo has not rev...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

January 9, 2016 - My wife and I have a home loan and a home equity loan with Wellsfargo Bank. For more than 2 years now, Wellsfargo has refused to allow us to combine the - loans for a lower payment. We bought the - bedroom townhouse in 2007 when we only had - child. 3 years a go we had a - child and needed to move to a bigger house and a better school district but we could not sell our undervalue house. Wellsfargo refused to work with us so we went ahead and bought a different house and got the mortgage with a different bank and the old house is now a rental property. We are renting the house at a ...

Read more

Wells Fargo Mortgage application, originator, mortgage broker

January 8, 2016 - I applied for a Wells Home Equity Line of Credit to conduct home improvements on - -, 2015. I was approved for a credit limit of up to $30000.00 on - -, 2015. During the process, I considered seeking a higher credit limit, but was informed by Wells that I could always raise the limit later on if necessary. After the Home Equity Line of Credit was approved, I learned that my anticipated renovations would cost more than expected. Accordingly, I returned to Wells to obtain a higher credit limit. It was only then that I was told by Wells that New York State law allegedly prohibits We...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

January 6, 2016 - My husband and I have been having problems with our 2nd Mortgage with Wells Fargo since our bankruptcy in -. I went to a special - hearing before the bankruptcy judge regarding his concern about us reaffirming the 2nd mortgage. We went to our bankruptcy lawyer and address his concern but the lawyer felt we would be in jeopardy of losing our house if we did not sign it. We signed the 2nd mortgage which was a balloon interest only coming due at 10 years. In - my husband was laid off and I was without work - - -, - - -. We were struggling with payments and the balloon ...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

January 4, 2016 - We have a reverse mortgage with Wells Fargo reverse mortgage and we have been unable to acquire money from them for various reasons according to them. we used a lot of the money a certain quota which they say it has to go through HUD. and I have to write a letter instead of over the phone like we always did before. My complaint is I sent - letters to them priority mail but they say they only received - and they said I forgot ss # or birth date of the person whose name is on the account. The account name is - - birth date - - # - today is - 2016 Loan # - Pin # - W...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

January 1, 2016 - Wells Fargo Bank is knowingly and intentionally concealing evidence of fraud and lack of an accounting for this loan. Please review the attached evidence of fraud with Declarations from - - -, and CPA - - to prove that Wells Fargo Bank lacks any Accounting for this loan, and they have produced - DIFFERENT VERSIONS OF THE VERY SAME DEED OF TRUST. Insofar as Wells Fargo Bank , NA is a loan servicer, it can not enforce the note in its own right in that according to the information in the attached documents and the information available through expert opinions, this loan is owne...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

December 27, 2015 - I qualified for a HARP refinance and used it in - - without being made aware that it was this was a one time deal. I was trying to get relief from the problem created in - when it was issued at origination as an - split. The reason I wanted refinance was to both get a lower rate and combine the - loans but, my lender did not combine the loans and made me feel like it was to only chance I had to refinance. The second mortgage ( with a different lender ) is an interest-only loan with very poor terms that has a balloon payment coming due in 5 years and I am deeply concerned that I wil...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

December 23, 2015 - On -/-/-, I received the Second Lien Modification documents from - -. The - Lien Modification ( - ) Agreement was mirrored/matched to the HAMP Tier 1 & NOT to the most recent HAMP Tier 2 from Nationstar ( -/-/- ). On -/-/-, I emailed - - a copy of an email dated -/-/- from - - stating, " Once all trial payments have been made, we will recalculate off of the HAMP Tier 2 once it is updated into the treasury. '' The - Lien Modification Agreement is due -/-/-. I 've requested twice for an extension to this due date. I have not received a respon...

Read more

Wells Fargo Mortgage application, originator, mortgage broker

December 23, 2015 - Re : Home Equity ( Wells Fargo - I have been a mortgage customer with Wells Fargo since -/-/-. During those years, I have never missed a payment and have always paid on time. After years of residing in my home, I applied for a home equity line of credit on two occasions, first on -/-/- and again on -/-/-. During the -/-/- application process, I briefly worked with - - ( - ID : - ; at the - - location in -, AL ). After - - reviewed my credit, my credit score was - ; however, there was incorrect student loan payments listed on the paperwork sh...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

December 19, 2015 - I had appealed the denial of my loan modification with additional documentation requests, and on - -, 2015 Wells Fargo Bank denied my loan modification appeal, while simultaneously requesting an extension of time to comply with my QWR and TILA demands to produce additional documentation. See the attached - letters from Wells Fargo Bank - dated - -, 2015. The first letter denies my loan modification appeal, and the - letter requests an extension of time to respond to my document demands pursuant to QWR and TILA. The documents requested in my QWR and TILA demands were 100 % ...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

December 11, 2015 - The client 's mother passed away. She provided the death certificate and deed showing that the house was in her name. We asked for an assumption and modification of the loan. It took Wells Fargo months to even code that the borrower had died and they refuse to accept the deed as proof of ownership and pursuant to the law provide an assumption. ...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

December 10, 2015 - On - -, -, Wells Fargo Home Mortgage ( Wells ) sent me a letter advising that my HELOC would mature on - -, -. Upon receipt of this letter I contacted Wells, in accordance with the provisions in their letter, to discuss options if I was unable to pay the full balance due at maturity. Through numerous discussions with Wells staff for 18 months I was advised that making monthly payments to them was not an option. I submitted a complaint to this agency in -, - advising of this situation for my attempt to somehow continue to make payments on my HELOC. NOTE : Despite my effo...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

December 10, 2015 - When converting an HELOC from draw period to Payback period, Wells Fargo changed the index and margin used to calculate monthly payments, Wells Fargo has not disclosed ( in written or verbal form ) that new index/margin even though I have requested written disclosure. Nor has Wells Fargo provided written proof that I accepted those changes. ...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

December 9, 2015 - Wells Fargo never provided a Loan Modification Denial Letter. Please provide a denial letter if you claim you sent one. - -, -, - - - of WELLS FARGO, emailed Attorney - - of - - -, stating " the Loss Mitigation Group is currently working on my matter. '' - -, -, Attorney - - submitted my Loan Modification Hardship Letter to WELLS FARGO. - -, -, I received a letter from Attorney - - that she has " successfully stopped foreclosure proceedings initiated by WELLS FARGO '', and has successfully secured a loan modification from my - L...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

December 9, 2015 - We sold our house and paid off a second loan to Wells Fargo and although our loan was current and previous statements from them stated a zero balance due after each payment, they took $2500.00. in excess of the payoff amount. I feel they saw all the money coming in from the sale and decided to grab some extra. They could not provide a detailed explaination for this other than " interest is paid forward '' I want them to refund my money and want to stop them from this behavior. ...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

December 9, 2015 - Good morning. I recently applied for a conventional mortgage with - - - - - - and have been rejected both times for reasons that violate bankruptcy laws. In addition to the bankruptcy laws it is a clear violation against my rights, reporting laws & contempt of court. Due to my physical condition it has impacted me seriously both emotionally and physically as well as financially. As a result of my medical condition, I had to file bankruptcy in 2008 which was discharged in - of 2008 in NJ -, -. Wells Fargo was listed as a creditor for a $250000.00 mortgage. Wel...

Read more

Wells Fargo Mortgage settlement process and costs

December 9, 2015 - I am writing this letter on behalf of my inlaws. On - -, - Wells Fargo Home Equity closed a $26000.00 - mortgage loan in the amount of $50000.00 secured by their primary residence. Subsequently, on - -, - Wells Fargo Home Equity closed a - mortgage loan in the amount of $26000.00. After careful and thorough review of the loan documents provided it is glaringly evident that numerous state and federal regulations were violated in the origination and closing of these loans. To begin, 12 CFR 226.15 ( a ) ( 1 ) ( i ) of Regulation Z states ... " in a credit plan in whi...

Read more

Wells Fargo Mortgage application, originator, mortgage broker

December 8, 2015 - Last month I was approached by the local branch manager to use - Wells Fargo 's products. I was not interested but after serval attempts I agreed to sit down and listen to what Wells Fargo has to offer. I purchased a house cash and was told to apply to a zero fee home equity [email protected] %. That sounded good and I proceeded although I really did n't want my credit pulled just to try, I was assured since I have a - credit score and - the loan amount in a savings account with Wells Fargo that this will be very quick and easy. It has been - since I applied, I have spent more than 40 hour...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

December 8, 2015 - I have appealed the denial of my loan modification with additional documentation and I even received an email confirmation from my single point of contact ( SPOC ) that Wells Fargo received my loan modification appeal with exhibits on - -, 2015, and yet I received a different letter dated - -, 2015 from that same SPOC that Wells Fargo received my loan modification appeal WITHOUT any additional documents. These boilerplate letters must stop and this intentional failure to consider additional documentation is exactly what Wells Fargo has been doing for years, despite the multi-billio...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

December 7, 2015 - Dear Sir or MadamI am in constant amazement of your companies business practices. Attached please find a loan of a property I purchased in -/-/-. The property address is - - - - NC -. It is a - bedroom condo that I purchased for $110000.00 as an investment property through Wachovia. I have called Wells Fargo many times to this day to have this property loan NOT listed as my primary residence - - - - Florida -. Many times when I call Wells Fargo they tell me there are too many numbers in my loan - maturity date -/-/- and it is not a Wells Fargo lo...

Read more

Wells Fargo Mortgage application, originator, mortgage broker

December 1, 2015 - My wife and I acquired a " mortgage '' loan from Wachovia in - -. In -, we found out that our mortgage agent ( - - - ) was arrested and charged by the FBI for mortgage fraud. --Recently, I went back to view and calculate our mortgage payments and found out that this loan is not like your traditional loan and we have been paying ridiculous interest charges for almost 8 years. This is a loan that pays on principal and interest ; however, interest accrues daily. Here are the issues. - - -, we had and still have great credit. Per the Wachovia loan officer, this loa...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

December 1, 2015 - I made - payments in - - for $7.00 and - for $410.00 both made within 24 hours of each other. WF credited my $7.00 payment to - and my $410.00 payment to - then charged me a $25.00 late fee. I have called customer service twice and was told on - - that I made my $410.00 payment too early. I have requested that the payment be applied correctly but am getting no where. I am now receiving " homeownership counseling '' letters from WF when I have never been late on this account. ...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

November 19, 2015 - My parents ' property went into foreclosure after millions in healthcare bills when my mother - unexpectedly in 2005. My father, who - earlier this year, did his absolute best to sell the property, but was unable. As the executor of the estate, I have spent the last few months setting up the sale and doing everything I could. We finally reached an agreement that allowed me to pay all the debts of the estate, plus get my brother and myself a little and signed this week. But, the joy rushed out of me pretty quickly. The payoff statement provided by the outside legal firm handling the forec...

Read more

Wells Fargo Mortgage credit decision / underwriting

November 16, 2015 - On - -, 2015, my wife and I applied for a Home Equity Line of Credit with the local ( -, GA ) branch of Wells Fargo Bank. The application was sent to Wells Fargo 's central loan office for processing and a - - was assigned as our loan officer.. On - -, we received an email from - - informing us that our application was declined and that we would receive a letter explaining this decision within 10 - 14 days. As of - -, 2015 we have received no such letter or explanation. In addition to being a violation of the Fair Credit Reporting Act, the lack of any explan...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

November 11, 2015 - Wells Fargo Bank is attempting to collect a debt in violation of both TILA and RESPA, in accordance with Section 131 ( f ) of the Truth-in-Lending Act, 15 U.S.C. Section 1641 ( f ), and the Real Estate Settlement Procedures Act, 12 U.S.C. 2605 ( e ) and FDCPA pursuant to 15 U.S.C. -. ( See Attached QWR and TILA Demands to Wells Fargo Bank , N.A . ) Wells Fargo Bank must comply with my TILA and RESPA demands in order for me to effectively appeal the denial of my loan modification request as Wells Fargo Bank has issued a boilerplate " Proprietary Step Rate Modification '' denial letter withou...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

November 10, 2015 - My mother passed away earlier this year and I tried to get Wells Fargo to put the loan in my name. My attorney sent them the death certificate again but a month later they had still not coded it properly. I am supposed to be working with the assumption/silmutaneous modification department but they will not give me an answer since they do not have it in their system that my mother passed away. ...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

November 6, 2015 - I am attempting to sell my home through a short sale and have had a horrible time in working with Wells Fargo. For the last four weeks I 've been given the runaround by what appears to be purposeful incompetence. I have had to extend my short sale - different times in hopes that I can come to a resolution. I have a 80/20 loan with - holding the 80 % and Wells Fargo the 20 %. Back in -/-/- I filed bankruptcy as a result of Wells Fargo attempting to garnish my wages. I just recently put my home up for short sale in -/-/- and found a buyer to purchase by home on -/-/-. Since ...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

November 2, 2015 - I was referred to you by my sister in law in hopes that you will be able to help me in my despair. I am trying to save my home, the home in which I grew up in. My father passed away - - - - and left our family home to me ( I am an only child ). My father took out a equity loan to hire an attorney to get both him and myself guardianship of my nephew -. At this time, the house was approximately - payments from being completely paid off. This equity loan my father took out I can not afford the payments. The lender is Wells Fargo who I tried to talk to and told them I can not a...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

October 30, 2015 - Wells Fargo Bank ( WFB ) placed a hold on a $2000.00 payment I made to my WFB HELOC on - -, 2015. WFB removed the hold. Then, on - -, 2015, WFB placed a NEW hold on this payment. I have complained in person and on the phone EVERY day to no avail. The payment is - of - payments I made from my - account through - Bill Pay between - and - 2015. I have never been late or in default on this loan in ANY way. I have NO mortgage or liens of ANY kind on my house other than this HELOC, which represents LESS than 10 % of its current value. I am afraid to make any more paym...

Read more

Wells Fargo Mortgage application, originator, mortgage broker

October 22, 2015 - Went to a Wells Fargo Branch to apply for a HELOC. The Loan Officer asked me some questions regarding the amount I owed on my home and how much I thought it was worth. I responded the best I could with - amounts. The Loan Officer ( - - from the - - informed me that I would not qualify for a HELOC as my Loan to Value ratio was too high based on the estimates I provided ( Wells Fargo HELOC caps at 85 % LTV ). He quickly offered another product ( non-collateralized personal loan ) for which he did take a complete application. Ultimately I was declined based on my Credit Bureau scor...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

October 16, 2015 - I am requesting the CFPB take action against Wells Fargo for posting false information on my credit report. They should be fined as the following precedent in - of - - - Fined $2.00 - for Knowingly Providing Inaccurate Information to Credit Reporting Agencies for Years - To quote the article - - showed careless disregard for its customers ' financial lives by knowingly distorting their credit profiles for years, '' said CFPB Director - -. Companies can not pass the buck by blaming a computer system or vendor for their mistakes. Today 's action sends a signal that th...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

October 8, 2015 - On -/-/15 I looked at my account online with the intention of paying off the entire balance ''. The website showed a balance owed of $22000.00. I paid the entire amount on -/-/15. Then a couple weeks later I discover ( I ca n't recall if looked on my phone or reviewed a paper statement - that my balance owed was $120.00. I called Wells Fargo on -/-/15 to question the $120.00 balance because I in good faith paid the balance owed '' on the -. I advised the gentlemen that I wanted to pay this down to - and he advised me that if I paid the $120.00 ( which I sub...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

October 5, 2015 - We had a fire at our home ; received the check from the insurance company and it was made out to my name and Wells Fargo. The local branch said we had to sign the check and send it to Property Loss Dept. in Ohio, they also said that we had to furnish them with a pay off quote from the home equity dept. and sign it ; the local branch overnighted the check but we had to wait to send the letter because a payment was due so we had to wait again to submit the info so I had to call home equity again to get a pay off figure, I faxed it to property loss and they told me it takes 2 days to verify a fax...

Read more

Wells Fargo Mortgage application, originator, mortgage broker

September 30, 2015 - RE : --There is a real problem with your system because CFPB does not provide any means to communicate with the agency for an ongoing complaint. This is a response regarding a communication from Wells Fargo for the above referenced complaint. Wells Fargo is once again lying by stating that it has not been able to contact me. In fact, I spoke with their representative on - occasions since filing the complaint and have been in constant contact with the single point of contact. In the conversation with their executive office representative, he indicated that he could do nothing but revie...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

September 29, 2015 - 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...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

September 25, 2015 - I had a HELOC loan with Wells Fargo and prior to the end of the draw period I contacted them to convert the load to a fixed rate Home Equity Loan ''. This was completed in - 2015. In reviewing my Credit reports on -/-/15 I noticed this account was still showing up as a Line of Credit '' instead of a loan for a fixed amount and is adversely effecting by credit scores because of false credit utilization '' information this incorrect information is causing. I contacted Wells Fargo on -/-/15 requesting they notify the - credit bureaus of the corrected information and was told ...

Read more

Wells Fargo Mortgage credit decision / underwriting

September 21, 2015 - I am executor of my mother 's estate. She passed three years ago. I am in the process of selling her home. Issue : Bank/mortgage lien on home. Three years ago I closed - IRA accounts and a home equity line of credit. The bank told me not only to be sure the heloc was $0.00. but that it also is closed. I made sure this was done. I now find out that a mortgage lien is still on the home during closing. Wells Fargo did NOT inform me that a lien still existed when the account was officially closed. My mother never even used this line of credit. I was very surprised that I had to provide a mort...

Read more

Wells Fargo Mortgage settlement process and costs

September 21, 2015 - I am hoping to get some guidance on this matter. I have owned my property since - -. In -, I got married and in - -, my husband purchased a property without me. I contacted Wells Fargo on a loan modification and was approved. I started making the payments during the trial period as they requested and completed the trial period. But now they are asking to change the terms of the agreement because they want to make my husband a part of the loan modification on the Home Equity Loan. Wells Fargo is not the primary loan holder on my mortgage, - - - is and I have had no issue...

Read more

Wells Fargo Mortgage application, originator, mortgage broker

September 9, 2015 - This is the - submission of this complaint. Wells Fargo 's agent called the wrong number to reach me. I CALLED THEM BACK WITH THE CORRECT NUMBER BUT THEY MADE NO ATTEMPT TO CONTACT ME, THEN CLOSED THE CASE CLAIMING THEY COULD NOT REACH ME. Wells Fargo refuses to modify the - mortgage on my home that was originated as part of the - mortgage package. I was fraudulently forced to take the - mortgages by Wells Fargo 's subsidiary Prosperity Mortgage and was instructed to only put down a 5 % down payment by them. I only did this on the promise that the - loans would be consolidated i...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

September 4, 2015 - I purchased a tri-plex in -. My first mortgage is with - Mortgage and is in good standing. I have less than $7000.00 left on this loan so I should be done with payments in -. I took out a second ( home equity line of credit ) on the property of $200000.00 in - with Wells Fargo to help with expenses at my restaurant. When I closed the restaurant in -, I got a one-year modification from Wells Fargo, reducing the payment in half. After the year was up, I was still unable to pay the full payment of $1400.00 and re-applied for another modification with Wells Fargo which was den...

Read more

Wells Fargo Mortgage credit decision / underwriting

September 2, 2015 - I obtained a - Mortgage as well as a - mortgage on my home -/-/- with Wells Fargo Bank. I lost my job of 27 years, at the age of -, -/-/-, and after 2 years, spending all of my life savings of $150000.00, still unable to find work, I was forced to file for bankruptcy protection in -/-/-. In that filing, IT IS A MATTER OF RECORD THAT I REAFFIRMED both mortgages with Wells Fargo. The industry being in the mess that is was, I never received confirmation letters confirming my reaffirmation on both loans, no matter the number of attempts made. In the entire life of each of...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

September 1, 2015 - My home was foreclosed on over 7 years ago. I worked for the lender that did the mortgage and lost my job in the financial crisis. I have been disputing information on my credit file for years to no avail. The bank ( Wells Fargo ) is reporting - loan multiple times as well as a collection agency that is reporting the same loan so essentially I a being hit - times for the same mortgage. I have also waited the 7 years statute of limitations and the trade-lines are still being reported on my credit file. I have disputed multiple times with both the lender and credit reporting agencies ...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

August 27, 2015 - Wells Fargo acting as the Servicer of this mortgage has failed to meet all of its requirements under - and is attempting to illegally foreclose on my personal home by selling it at auction on -/-/2015. The direct violation of - law is based on Wells Fargo improperly and unfairly reviewing my loan modification request for relief. I have submitted a complete loan modification direct via fax and have been forced to resubmit the same package several times. In addition, Wells Fargo has repeatedly denied me help and I never get a single person to answer my questions honestly or directly....

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

August 24, 2015 - Wells Fargo refuses to modify the - mortgage on my home that was originated as part of the first mortgage package. Wells Fargo ignored my request for lower payments for - months, then researched '' the case for four months, while turning down another modification due to the way it calculated my income. The latest communication from them claims that I was forced into the - mortgages because I had an insufficient down payment and this - mortgage provided the - % down payment needed. In fact, on the guidance of a Wells Fargo 's agent - -, I put - % down even though I had ...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

August 24, 2015 - I owned a property that was foreclosed and I never contested. I do n't even recall being served but I received a letter from the court that a judgment was entered for the - trust on the house, which was owned by Wells Fargo. Wells Faro 's attorney garnished my wages and I was making payments for about two years. Sometime around - 2013 I get a letter from the attorney stating that my garnished wage order was dismissed. I spent literally 6 months trying to get an answer why, and never got a response. I have emails from the attorney and Wells Fargo, but no response as to why. I suspected th...

Read more

Wells Fargo Mortgage credit decision / underwriting

August 22, 2015 - I had a - year HEOLOC. with Wells Fargo Bank ( WFB ) The draw period, I thought was to end -/-/-. WFB called -/-/- and deceptively asked me to accept a fixed rate of 6.35 %. Believing I had to refinance, I unknowingly agreed to this offered interest rate. Unbeknownst to me, my HELOC had a role over clause. Meaning, that the contract had a conversion clause stating that at the end of the Draw Period the Loan would roll over to a Repayment period. The fixed interest at the conversion date would be based upon the Prime Rate ( 3.25 % ) plus 1.85 % margin. Being Naive and trusting of W...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

August 21, 2015 - I have attempted to file a credit life insurance claim with Wells Fargo Home Equity on a HELOC that was extended to my mother in 2009. She paid the premium diligently every month. In - she passed away after a long fight -. I have visited - branches, called the customer service phone number, spoke with their collections department and been shuffled around for 5 mos in an attempt to have the HELOC paid through the life insurance it was protected with. I was initially told by the branch manager at the - MI branch there was no insurance. I persisted knowing there was as you could see t...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

August 19, 2015 - I have been yrying to aell a house and pay - to Wells Fargo to pay off the HELoC. The titltle company and i have been calling them daily for a week. We have received - differemt fax numbers to send the authorization and release to. As of today, they can not verify they have have received the authorization. And wont talk with my loan closer on the phone unless I am on the phone. They also refuse to send a payoff quote so that we can finalize. They also refuse to let me take an aithorization to another branch office. As a result, te biyer may cancel the contract and we could suffer financi...

Read more

Wells Fargo Mortgage application, originator, mortgage broker

August 18, 2015 - Regarding : Wells Fargo loan # - - - -I would like to file a formal complaint against Wells Fargo to correctly report the loan so that there are no missing months of reported status on the HELOC loan. We have been told it is illegal for them to stop reporting on a loan. I and a friend/business partner had a loan from Wells Fargo on the house we purchased together. The house was sold on -/-/2015Wells Fargo has failed to report the status of a Home Equity Line of Credit ( HELOC ) to the - credit agencies. I am now married and we are trying to get a loan to buy a house. - -...

Read more

Wells Fargo Mortgage settlement process and costs

August 16, 2015 - - VIOLATION OF FORCLOSURE SALE FILED - - 2014 -. -.IN REGARDS TO A FRAUD MORGAGE LOAN FOR - FOR THE AMOUNT OF -. THE COURT DOCUMENTS FILED TO STOP THE SALE OF OUR HOME ON - - 2014 AT - - COURT HOUSE WAS FILED BEFORE THE SALE WAS TO TAKE PLACE. THE CIVIL RULE - AND - CHAPTER - ARTICLE - - & - ARTICLE - REGAURDING INJUNCTIONS AND EMERGENCY RESTRAINING ORDER TO STOP A SALE AND TO HEAR THE EVIDENCE AT THE HEARING AND PRODUCE EVIDENCE TO A JUDGE TO RECIEVE RELIEF AND A QUIET TITLE ACTION ON OUR TITLE WAS HELD ON - - 2014, BUT DISMISSED BEC...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

August 15, 2015 - My husband and I opened a Home Equity Line of Credit in 2005 with Wells Fargo Bank. This is the bank we have our mortgage, checking accounts ( personal & business ) and saving accounts. Upon opening this account, we knew it was a variable interest account, we stated we wanted the payments to be withdrawn from the business account, and signed a form asking Wells Fargo to take out up to $ -/month applying the appropriate amount to the interest & the balance to the principal. Advancing 10 years, we NEVER thought we would use the entire amount, however, we needed the money to keep our small man...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

August 14, 2015 - My husband - -/-/--/-/- with -. He suffered from - since -/-/-. In -/-/-, he died from - - the day after his - birthday. He participated in VA health care. This was diagnosed by a private doctor, as - with -. We believe from exposure to - -. He died - -, -. Left me a single mom of - children. I have managed to keep our home by refinancing my - mortgage. When he passed he has a home equity line for - from Wells Fargo in his name alone. They cut off my access and told me I was not liable for the loan, however since I signed the...

Read more

Wells Fargo Mortgage loan modification,collection,foreclosure

August 13, 2015 - We had our primary home foreclosed on -/-/-, at the time we had a - Mortgage as well as a - Mortgage/Equity Line, both with Wells Fargo. The - Mortgage has reported to the credit bureaus that the debt is attached to a property that was Foreclosed '' and stopped actively reporting to the credit bureaus at that time. However, the - Mortgage was listed as a Charge Off '' but is still actively reporting every month to the credit bureaus. After consulting with a handful of real estate attorneys and Banking Mortgage Representatives, we are hearing from all of them that any attache...

Read more

Wells Fargo Mortgage settlement process and costs

August 11, 2015 - We are initiating a claim against Wells Fargo Bank for the return of $460.00 which they charged to our home equity line of credit for a double appraisal of our current house during the loan approval process. We have been given numerous reasons for the double appraisal of our home over the course of several weeks, but each reason has proven to be false. Here are the reasons given by Wells Fargo:1. Federal law requires us to do - appraisals. ( Not the case in Alabama, and both appraisals were performed by the same man ) 2.The first appraisal was more than 120 days old. ( - appraisal -...

Read more

Wells Fargo Mortgage application, originator, mortgage broker

August 5, 2015 - I refinanced on my first mortgage with Wells Fargo, and closed on a Heloc at the same time. I was supposed to get a - draw on my line of credit at closing, however as the weeks passed and the draw never made it to me, Wells realized they made an error and somehow posted the - to pay down the balance on my first lien. After the loan funded, and I confirmed the - was in route to me, I took out a loan with - ( as that was the whole premise of getting a Heloc, due to needed home repairs ). Wells has admitted many times over the last - weeks ( - weeks since closing ), this was the...

Read more

Wells Fargo Mortgage loan servicing, payments, escrow account

August 2, 2015 - In 2005 I entered into a Smart Fit refinance loan with Wells Fargo Bank. Under the agreement I was to pay just the interest on the principle. At the end of the - years they automatically rolled it into a - year fixed mortgage at a 6.05 % interest rate. They have no record of contacting me about the change. As if this were not bad enough they want $660.00 per month for - years on a $55000.00 principle amount. All calculations I find at this interest rate on the principle come to only an average of $440.00 per month. My online account does not show the conversion to a - year mo...

Read more