Review and analysis of over 88 Home Equity Loan Or Line Of Credit complaints against Wells Fargo & Company
Wells Fargo & Company consumers have reported over 88 official complaints related to Home equity loan or line of credit. Out of the 88 consumer complaints against Wells Fargo & Company, 13% were disputed by the consumer (i.e. the consumer was not happy with how Wells Fargo & Company responded to their complaint) and 100% were processed in a timely manner. 2% of consumer complaints against Wells Fargo & Company resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 1% resulted in non-monetary compensation.
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Wells Fargo & Company Mortgage loan servicing, payments, escrow account April 9, 2017 - I submitted a complaint regarding our HELOC loan with Wells Fargo on -/-/2017 ( Complaint number - ) and the issue is still outstanding. We received a letter from Wells Fargo on -/-/2017 stating that their goal was to respond by -, but that it would take them until -/-/2017 to " complete their work ''. Today is -/-/2017 and we have not heard from Wells Fargo again regarding this issue. I want to make the CFPB aware that Wells Fargo is not keeping up with their finalization of this issue. I 'm attaching the letter that we received from Wells Fargo stating that they would complete ... |
Wells Fargo & Company Mortgage credit decision / underwriting March 31, 2017 - This is a simple request. I want Wells Fargo Home Equity Loan to report the correct Balance and monthly payment amount to the credit reporting agencies. Specifically, HELOC # - was reported -/-/2017 ( see attached ), after filing a dispute with all three credit reporting agencies one month ago, that the monthly payment was NOT $11000.00. The current monthly payment amount is $1200.00 as of -/-/2017. The principal balance on -/-/2017 was $410000.00. Please report the -/-/2017 monthly amount due and the principal balance on that date. This issue of incorrect balance reporting a... |
Wells Fargo & Company Mortgage application, originator, mortgage broker March 30, 2017 - About 10 years ago, I took out a $230000.00 home equity loan on a rental property located at -, -, CA. My interest for the loan for the first ten years was 4.24 %. I have now been informed that my new interest rate will be increase to 6 % without having been told of this fact when I signed up for the loan ten years ago. When I originally signed the loan, there was an 18 page document which I signed which was hidden and stated there is a 8 % margin on my loan after ten years which was never explained to me. I have contacted Wells Fargo over 20 times during the past ten years for a clari... |
Wells Fargo & Company Mortgage application, originator, mortgage broker March 19, 2017 - Creditor closed the account without sending the principal to the creator.... |
Wells Fargo & Company Mortgage credit decision / underwriting March 16, 2017 - I received a - C Cancellation of debt for this account years ago. This is an old outdated account past the retention period. This account must be removed from my - as it is causing me irreparable financial harm.... |
Wells Fargo & Company Mortgage credit decision / underwriting March 16, 2017 - This old Wells Fargo Bank account is causing me irreparable financial harm. I was issued a - Cancellation of Debt years ago.... |
Wells Fargo & Company Mortgage settlement process and costs March 2, 2017 - my wife and I have a - loan. We have never missed a payment.When my wife and I signed the papers we were told it was a fixed rate mortgage. It was not explained how the interest was applied. Interest goes up just about every month. We have requested a modification numerous times, to no avail. We borrowed $200000.00. Upon request of the doc 's we learned that the amount that we have to pay over the term is $480000.00... |
Wells Fargo & Company Mortgage loan modification,collection,foreclosure February 14, 2017 - -/-/- we took out a HELOC through Wells Fargo Bank. Since -/-/- we have tried to go through the BBB, The State of Arizona Attorney General and CFPB ( Case # - ) to obtain assistance in what we believe was predatory lending and an inflated appraisal, which Wells Fargo refuses to produce a copy of. Letter sent to Wells Fargo on -/-/- : As you could not produce the requested appraisal documentation, we have taken the time to research values -/-/-. Here is what we have found : -/-/-- Time of Purchase : $ -/sq.ft.-Value $130000.00 ( based on - sq.ft. ) -/-/-... |
Wells Fargo & Company Mortgage application, originator, mortgage broker February 14, 2017 - I applied to Wells Fargo - branch to re-finance a second mortgage - also called a line of credit. I lifted a freeze from all - credit reporting agencies before doing so. I called Wells Fargo because I understood from another mortgage company that only a few banks will re-finance a second mortgage. It is a small second, $15000.00. I spoke to loan officer named - - at length in -. Wells has a minimum of $25000.00 but - said it was do-able as long as my house appraised at $110000.00 which is no problem in the -, Fla. neighborhood where I live. It already hit $110000.0... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account February 3, 2017 - Wells Fargo Bank , N.A . is holding me hostage, by claiming I owe them around $220.00 in late fee 's. I have had this Home Equity Line Of Credit, abreviated, ( HELOC ) since approximately - 2007.This is a 1st position loan for which a piece of Real Property was used as collateral to provide Wells Fargo , security. Now that I have just about paid the entire loan balance to -, they are claiming i owe them even more money. I have asked them for proof of their late claims, for which they have claimed they have sent, however I have never received. Even if they sent a statement showing late ... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account January 19, 2017 - -/-/17 This is a follow-up to my complaint Case number : -. I went to my local Wells Fargo branch to make my monthly payment. The coupon states that I owe $0.00. Because I have been told that I ACCRUE interest to have NEGATIVE interest owing if I do not pay, I wanted to pay the interest & make a principal payment. I was unable to complete the transaction because they have no means for me to do this. In fact, although the bank official was helpful, she was unable to tell me why my last two payment, both of which I wrote ON MY CHECK AND ON MY COUPON that I was making the amount of th... |
Wells Fargo & Company Mortgage settlement process and costs December 7, 2016 - I am currently with -. I went to my bank - weeks ago to take out an equity line on my home so as to pay for direct care staff to be with my - parents. I was told by - that Wells Fargo/- are listed in the - lien position on my home. I paid off my home in -/-/2009 and never used any home equity so they should have come off the - lien when I paid for my home. Basically there is an open-ended equity line showing up on with WF/W on my home deed and this is preventing my current bank, - from completing my request for an equity line. I went to Wells Fargo last Tuesday and to... |
Wells Fargo & Company Mortgage settlement process and costs November 22, 2016 - My wife and I wanted to close our home equity account. She went into the Wells Fargo branch to close the account and was instructed to call the Home Equity -. We called the Home Equity - and was instructed to send a letter to the Payoff Processing Dept with a $400.00 prepayment fee. We were surprised as we had a zero balance on the account.... |
Wells Fargo & Company Mortgage loan modification,collection,foreclosure November 16, 2016 - Wells Fargo Bank NA refused to allow the consolidation of a Home Equity Line of Credit ( HELOC ) obtained at the time of original home purchase. When - approved our first home mortgage hardship modification, Wells Fargo also refused to consolidate our HELOC with the first home mortgage when they forced us to modify the loan later on.... |
Wells Fargo & Company Mortgage loan modification,collection,foreclosure November 14, 2016 - I am writing to see what help I can get for my clients. Wells Fargo has been absolutely horrible, dragging their feet with a looming Foreclosure date. The day after we asked for our Modification to be reviewed again because we had a change for the better in the clients situation, we were informed of the foreclosure date. We have worked diligently to supply documents to Wells Fargo and were informed it is fax only. We can prove that every fax was received and Wells claims to not have received them. I have been given 4 different fax numbers with agents all claiming that the fax numbers are wrong... |
Wells Fargo & Company Mortgage application, originator, mortgage broker October 31, 2016 - I applied for a Home Equity Loan from Wells Fargo. The loan was to pay for my Mother 's care for -. I was the trustee for the property ( Mom 's house ), and there was about $900000.00 in equity in the home. After several conversations and quite a bit of paperwork Wells Fargo told me the loan should be no problem, I had passed the first application and the rest of the process would more or less be a formality. Then out of the blue they sent me a note that I was not getting the loan for two reasons, one of which was that they " did n't offer that type of credit ''. Huh?... |
Wells Fargo & Company Mortgage loan modification,collection,foreclosure October 28, 2016 - I 've requested the cancellation of the property scheduled for - -, 2016 .I 've also notified them that a Lis Pendens that was filed in - - - - Court in Florida regarding the actual assignment that originated, created and executed in Florida - Wells Fargo have denied my request even though the basic requirement of a non-judical foreclosure is the assignment. Also they refuse to respond through the CFPB portal and states over the phone that their response is in the mail. Their responses in the past have been, your questions are too broad or we 've responded to your request... |
Wells Fargo & Company Mortgage loan modification,collection,foreclosure October 26, 2016 - I was told by a representative at - ( Wells Fargo foreclosure attorney office ) on - -, 2016 that there was no scheduled sale date listed for my home. Then the next day I was informed that the property was placed back on the list after it the sale was cancelled. I spoke with a Wells Fargo representative today on a recorded line today and she said it did not matter the sale was going to proceed regardless and she proceeded to say they have already responded to my previous request and going to send me the same information. There 's a civil action in Florida pending on the validity of t... |
Wells Fargo & Company Mortgage loan modification,collection,foreclosure October 20, 2016 - This a Notice of Default because Wells Fargo failed to respond Wells Fargo has failed to produce and respond to 5 ( Five ) Qualified Written Request and the Verified Affidavit from - - - sent to them in 2016 regarding the issues that were found In the assignment that were sent through Consumer Financial Protection Bureau, -, - and - -, - - - -, Office of Comptroller of the Currency, US Department of Justice and - - - Furthermore, Wells Fargo has not adhered to the OCC Consent Order and has violated consumer protection laws.. Until the issues raised hav... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account October 15, 2016 - I overpaid WellsFargo the balance of my consurmer line of credit. After the payment has been applied it shows a balance of ( $62.00 ). I was expecting the credit amount to be sent to me. Instead, Wellsfargo kept the money and the balance is now -. They refused to send me my refund money.... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account October 6, 2016 - PROBLEM 1 : From -/-/- Wells Fargo ( WF ) failed to apply timely & accurate payments ( PYMTs ), failed to maintain accurate account ( ACCT ) statements & lied about it ; -/-/-- Deposited bank-check $14000.00 at WF branch for Equity LOC loan PYMT. Collection Dept. kept calling. Could n't stop them ; -/-/- Sent letter to WF Chairman & CEO - - to help correct PYMT record. -/-/- WF Executive Office said PMYT was NOW recorded right. [ LIE! ] ; Later asked for Verification of Debt & got my PYMT Transaction Summary ( PTS ) showing PYMTs of $12000.00 & $13000.00. Asked ... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account October 6, 2016 - Our 2nd mortgage ( lien ) with Wells Fargo was released ( without request ) and has now driven down our credit scores so now we ca n't get credit. At the end of the term, we were unable to pay the full amount of the loan, but kept making monthly interest payments, which WF would not accept and returned to us.... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account October 2, 2016 - Initially opened a home equity line of credit ( ELC ) with Wachovia which Wells Fargo ( WF ) took over during transition of companies. We always paid greater than the minimum amount due each month on our ELC. -/-/2015, WF forwarded, attached ltr, indicating changes to how WF would handle payments on our ELC. Never understood explanation, although, I spoke with a WF rep & it was indicated they had not been applying our interest properly. WF rep offered an unsecured personal loan, but told them I was not interested. Because my ELC was used for many items, my balance was a high one, so I felt W... |
Wells Fargo & Company Mortgage settlement process and costs September 30, 2016 - We have had a home equity account with Wells Fargo since -. The 10 year period of the account is over in - of -. I spoke to a representative in - about wanting to know what were Wells Fargo 's programs that I could possibly use to change my Home Equity account into when the 10 year period was up. I told the rep I wanted to know what all the fees and rates were. He said the only way I could get that was to sign a paper he would send me basically agreeing not to take anymore money from the home equity account. I was n't intending to take any more money from the acct so when I receive... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account September 29, 2016 - i have a open line of home equity credit with wells fargo. They claim that i owe over $430.00 in backed interest. This is a lie! I have never been late or missed a single payment. the service rep i spoke provided me with little or no explanation and claims that this is backed money owed from when this loan was owned by - -. again this is a lie! i have never been late or missed a payment. it is common practice when a loan is sold from one bank to the next everything is done to rob the customer of every penny possible ( i.e " missing '' payments, hidden fees, and dishonest practices ). u... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account September 28, 2016 - My complaint is about a Home Equity Line of Credit that I have had with Wells Fargo for about two years. On multiple occasions ( at least 10 ), I have made principal only payments in one form or another and Wells Fargo consistently pre-empts the regularly scheduled " auto pay '' feature I set up to pay the minimum amount due and applies my payment to that minimum and then applies any additional amount to the NE-T month 's payment. When I call to get it fixed, they always apologize and change things around for me but in effect I am losing the benefit of those principal payments because the new ... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account September 28, 2016 - When we requested a payoff on our home equity mortgage with Wells Fargo we were astounded to hear they wanted $2600.00. over and above the amount that was due even though our most recent statement showed a - amount due after the previous months statement. We had not missed a payment on this loan in the 10 years we had this loan which was originated thru - which was acquired by Wells Fargo. This amount represents over 3 monthly payments which they simply can not justify according to the detailed payment records that we have. This demand came as we were trying to close the sale of our h... |
Wells Fargo & Company Mortgage application, originator, mortgage broker September 27, 2016 - I applied for a home equity loan in - 2016. I was pre approved in -. Wells fargo ordered a full appraisal of the home. when i received the appraisal back it was clear the to appraisal company did not calculate the square footage of the home correctly underestimating the square footage by over - square feet. I brought this to the attention of Wells Fargo and they agreed an error had taken place. They escalated the complaint ultimately to the executive resolution specialist who after months of delays of supposed 'research ' sent me a form letter that home values are subjective and they ... |
Wells Fargo & Company Mortgage application, originator, mortgage broker September 20, 2016 - My husband and I have had a Wells Fargo Equity Line for $35000.00 that we got -/-/-. We mostly only paid the interest and racked up to $35000.00 on it. It is past the 10 years and it was closed -/-/- when we tried to refinance our home with Wells Fargo but that loan was denied by them. We still have been making interest payments with a annual financial rate of 6.35 % along with credit insurance. Due to limited funds, it is hard to make payments more than that. We recently talked with Wells Fargo trying to refinance and open another line of equity credit for the balance of $34000... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account September 20, 2016 - Wells Fargo Bank NA continues to report and re -verify to - after an investigation a debt that was rendered NULL and VOID by their attorney - - - , - on -/-/2013 when he sent a letter to - - - , Prothonotary Superior Court of Pennsylvania QUOTE : I have sent a Praecipe to Vacate Judgement to the trial court. In light of this development, I respectfully submit that the appeal in the - - is now moot. The referenced foreclose action - - - of Common Pleas Civil Division No : -. - and - -,, Defendant Pro Se answer the complaint. On -/-/2013 -... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account September 16, 2016 - In case # - on -/-/2016, Wells Fargo stated they would have the account canceled in 2-3 weeks. They have not canceled the account as of -/-/- and are unwilling to provide a date for when this will be resolved and have stated they will continue to send me bills demanding money for a loan they never funded, was canceled, and are aware was canceled. At this time, they 've violated the Right to Cancel time frame and their previous written understanding based on the previous complaint. They have been told I 'll only respond to things in writing as they have to refused to provide me ... |
Wells Fargo & Company Mortgage loan modification,collection,foreclosure September 16, 2016 - I am writing to you today in a final effort to recoup my losses from the fraudulent mortgage and fraudulent foreclosure that Wells Fargo Bank NA subjected me to. These events had a devastating effect on my life and finances from which 13 years later I have still not recovered. I have attached as evidence what I have left after repeated bouts of homelessness resulting from Well 's Fargo 's actions. I am reaching out to you for help as my last resort. So far I 've contacted the Controller of the Currency, the - office ; I 've filed a lawsuit with - counts, - of which were counts of fr... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account September 13, 2016 - We have a home equity loan with Wells Fargo, a 15 year with a balloon payment at the end of the term. We have been making extra payments on a monthly basis to pay off our loan early. We have never missed a payment on this loan. In our amortization schedule the payment is mostly interest and a small portion to principal. How they have been applying our payments during the - calendar year and early part of - do n't appear accurate or consistent. For example, we have been paying approximately $600.00 - $700.00 a month when the payment amount is approximately $410.00. Some months they ... |
Wells Fargo & Company Mortgage credit decision / underwriting September 9, 2016 - I have being discriminate cause of my not knowing to much on identity fraud so when i report it stolen no one care to help me. I have being acuse for things i didnt do an was denied of my benefits. I will like an investigation on all my financial an all records from all banks an have my righst givin back as well my morals an my integrity. Or i will star filling a federal courf law investigation... |
Wells Fargo & Company Mortgage application, originator, mortgage broker September 8, 2016 - In light of the Wells Fargo situation, I was reminded of something that keeps coming up on my credit report. And also, when I filed bankruptcy. I had a - mortgage with them. And did a line of credit, credit card also a few years later. But, it came to my attention that I had a - mortgage taken out against my house. One that I never authorized or consented to. I did my mortgage in -/-/-, and line of credit in -/-/-. But never the -. At that time I was residing at - - - -, Va -. Therefore my mailing address is not the same as the property, as I have moved out of... |
Wells Fargo & Company Mortgage loan modification,collection,foreclosure August 22, 2016 - Re assistance application for WellsFargo Equity Line - My husband I have been applying for mortgage assistance on the above equity line from -/-/2015 when we applied for modification on the - mortgage. We have submitted paperwork so many times and talked with so many Wellsfargo representative that we have lost count. We were initially lied to by a Welsfargo phone representative last year that the bank was going to evict us and had us spend all our emergency funds of over $70000.00. To-date we are still struggling with getting assistance or a solid answer from the bank. Today - -... |
Wells Fargo & Company Mortgage loan modification,collection,foreclosure August 19, 2016 - After the housing crisis my work dried up. - and the domino effect of the - foreclosures dried up school funding from property tax revenues. That coupled with needing - - - - rendered me unable to work. As a result my income went from - to almost - and I lived off of savings from - to -. I had a home mortgage and a retirement home mortgage with Wachovia which was bought by Wells Fargo in the Tarp Bailout. I took early - ( - ) and was going to sell my home in - and move to my retirement farm in -. I received - in - and have lived off of that with ... |
Wells Fargo & Company Mortgage loan modification,collection,foreclosure August 12, 2016 - Wells Fargo HELOC, my 2nd mortgage, is denying me a repayment plan or an arrears restart because I can afford the monthly payment. I had a hardship that is been resolved and now I am able to make my monthly payments and a workout is not being considered for me to get a fresh start to make my mortgage payments. My 1st Mortgage servicer has extended me a - Trial period plan so I can get back on making my mortgage payments and Wells Fargo HELOC is not working with me on a mortgage workout because they say I can afford my payments, and this just does n't make sense to me. That is exactly why I ... |
Wells Fargo & Company Mortgage loan modification,collection,foreclosure August 10, 2016 - I had a Home Equity with Wells Fargo and -/-/- they approved a short sale and it was complete -/-/-. However, they did a new update in -/-/- for no reason even though the short sale was complete. This is affecting my financing since they have a recent report date due to this fact.... |
Wells Fargo & Company Mortgage loan modification,collection,foreclosure August 10, 2016 - In - I opened a home equity loan with wells fargo. In - my wife lost her job and I was informed by the wells fargo rep he could lower my payments and talked me into a " new product '' unknown to me I was enrolled in help for homeowners (? ) and it had been listed on my credit report ( never saw this on my credit report ) I discovered what had happened in -after I was turned down for a critical business loan due to the " modification to my account ''. I immediately called to have it removed from my credit report and return to my old payment ... Due to bait and switch and bad banking pr... |
Wells Fargo & Company Mortgage loan modification,collection,foreclosure August 8, 2016 - Well Fargo continues to attempt on a Judgment that they in fact Vacated. This matter has been adjudicated in the Court of Common Pleas of - -, Pennsylvania and - Court of Pennsylvania, - -. Result : - - -, - representing Wells Fargo , N.A . - Wachovia Bank , N.A.as per the enclosed letter to Letter to the - Court of Pennsylvania notifying the court that - - - sent a Praecipe to Vacate Judgment to the Trail Court release any obligation of this debt that was implied owed. Below are the proposed violations in the attempt to collect on this account. of th... |
Wells Fargo & Company Mortgage credit decision / underwriting August 8, 2016 - My partner and I applied for a HELOC with Wells Fargo Bank. We have a mortgage with another bank, but they do n't offer these types of loans and we 've been banking with WFB for 40 years ( me ) and 25 years ( him ). At the time of the application, I told WFB there was a small medical bill ( just over $300.00 ) that I refused to pay because the company would not tell me what it was for, and it was sent to collections. The bank said that should n't be an issue. My credit score came back at -, which was a surprise to me, and they refused the loan on that basis alone. My partner 's score is -... |
Wells Fargo & Company Mortgage settlement process and costs July 30, 2016 - Forgive the tardiness of this complaint, but I just learned this week through reading the - - - that the CFPB works with banks to resolve customer complaints. Until now, I did not know what recourse I might have for the fraudulent behavior of Wells Fargo Bank. In -/-/- or -/-/-, my partner and I refinanced our mortgage on a property we own in - - with Wells Fargo. We made a point to confirm that there were no prepayment penalties associated with this new mortgage. At the time, the Wells Fargo representative aggressively pushed a home equity line on us, even though we ... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account July 29, 2016 - - - - - - - - - Ca - - The Complaint department Federal Reserve Bank and Mortgage fraud Complaint Dear Sir/Madam COMPLAINT AGAINST WELLS FARGO BANK WRONGFULL FORECLOSURE ON MY PROPERTY MORTGAGE ACCOUNT NUMBERS, - and -. I have intentionally refuse to back off from - Criminal intended employees of Wells Fargo Bank, - - an executive resolution specialist and - - assigned to my loan modification, I will continue to stay in my house until the government steps in to investigate these wrongful act committed by Wells Fargo bank - - - and -... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account July 14, 2016 - I have a line of credit /home equity with Wells Fargo . Back on - - I received a letter that my pmt may change in -/-/-. It stated that the est pmt may be $500.00 and in small print it stated that this was an estimate only and that I should call for a more detail clarification of my new est pmt. I did call on -/-/- at - MST and spoke with - - she specifically calculated what my new pmt will be and came up with $220.00 p/m - I asked her why in the letter it said $500.00? she told me not to worry it was only an estimate as the letter stated but my real pmt was goin... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account July 6, 2016 - I have a home equity line with Wells Fargo Bank and I setup an automatic payment so that they can make these withdrawals on time as well. The bank was unable to withdraw money from my account where I have plenty of money to satisfy the withdrawal and they have charged me all sorts of late fees and this is happening for the second time. I had to get on the phone and explain to them how this is not my fault and I was assessed several late fees which they will not remove from my account. On top of this they keep sending me collection letters with the wrong amounts on them. I need help with this s... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account July 5, 2016 - A representative ( - - ) of my mortgage Company ( Wells Fargo ) took upon herself to deposit money into my mortgage account on -/-/- without discussing anything with me ) as part of a presumptive close to an ongoing situation regarding the reporting of my mortgage to credit bureaus. She actually stated, " I 'm making a $??? adjustment to your principal balance to make this go away. '' When I informed her that there was still an outstanding offer on the table from the representative that reports to her, she stated that she would look into the existing offer and get back to me the... |
Wells Fargo & Company Mortgage application, originator, mortgage broker July 1, 2016 - -/-/-, I applied for a mortgage loan for a property that cost $220000.00. I received the terms for the mortgage. I had money for the down payment and closing cost. About a week or two before closing I received a letter in the mail stating that there was a - mortgage in the amount of $33000.00 and that the mortgage had a balloon payment that would be due in 10 years. I felt uneasy and should have pulled out of the whole deal, but was told that was the only way they could finance the loan. I went ahead with the closing and moved in. Several times during the past ten years, I have tri... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account June 30, 2016 - Wells Fargo employee -, a Market Support Consultant violated my financial privacy when she provided account history for my home equity account to a third party and testified to the fact in open court without receiving consent from the account holder or acting on behalf of court subpoena. This occurrence took place - -, 2013 in the -, Maryland. Room -.... |
Wells Fargo & Company Mortgage loan modification,collection,foreclosure June 2, 2016 - Denied for HAFA without proof of appraisal. We submitted a an appraisal of the property for a HAFA short sale to Wells Fargo that came in at $ -. Wells Valued the property at >= $1,000,000. Wells then said they re-appraised it and said the property value was still too high but did not give me us a number. The payoff on the first mortgage is around $110000.00. We have an offer at $100000.00, which should make the homeowner eligible for HAFA. Wells has now countered back and say they need to net $110000.00 with no valid reasons except investor demands? I think they just do n't want to... |
Wells Fargo & Company Mortgage loan modification,collection,foreclosure June 2, 2016 - Currently I have a first mortgage, with about - dollars un paid. I have a home equity loan from Wells Fargo of - dollars and used -. It was an interest only loan ; and they also became the second holder of the mortgage. In - of - they matured the loan and demanded full payment. I could not pay. So after a running discussion with their staff, and my submission of documents supposedly for a modified loan, which came back in the amount of -, but this on top of - first mortgage clearly could not work. I wrote them a letter saying why, and that I was just digging a deeper hole... |
Wells Fargo & Company Mortgage credit decision / underwriting May 31, 2016 - Wells Fargo is threatening to foreclose on my house because I missed - payments on my 2nd mortgage as part of an informal agreement during a failed modification last year, even though my 1st mortgage has always been current and I make regular payments on my 2nd mortgage. They claim that they can do this because WF is the servicer on my - - 1st mortgage. This is the first time in over - years of credit history that I have EVER been behind on payments and all of my other credit is fine. After attempting to refinance this loan since -, In mid -, when my unemployment ran out, I ... |
Wells Fargo & Company Mortgage application, originator, mortgage broker May 26, 2016 - RE : Wells Fargo refuses to give a letter of denial for Home Preservation Loan I have mailed & faxed a letter on -/-/- about a letter of denial. I will further describe my issue as follows ; I purchased my home in - for $140000.00 & financed through Wells Fargo. In - I acquired a 2nd mtg, equity line loan, for $120000.00 w/ Wells Fargo Bank - I used $120000.00 as making improvements to my home. In addition to that, I invested $140000.00 back into improvements on my home as well. I have remodeled my swimming pool, purchased the lot next door to my property, & built an... |
Wells Fargo & Company Mortgage loan modification,collection,foreclosure May 23, 2016 - On -/-/16, - - - received a call from and was informed that the loan was eligible for the - Lien Modification Program, Extinguishment. - -, from Wells Fargo, advised that a package was being sent to me with the information and document needed to fill out. For two times, - - - spoke with - - where he would ask for the document, but the package had been sent to the wrong address, twice. On -/-/16, - - - told - - that if only the - was needed, it could be printed out and sent. The - - advised that on -/-/16, I was going to... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account May 22, 2016 - On - -, 2016 I paid off a home equity line of credit to Wells Fargo Bank. The day we sent the payoff check I called Wells Fargo to ask what the payoff amount was. I was quoted, $57000.00 over the phone as the payoff amount. A check for that amount was sent to Wells Fargo that day. My home equity loan was paid off, and my account was closed. Then Wells Fargo opened up mortgage account, ( which I never signed any documents for ), and sent me a bill for $670.00. I called Wells Fargo and filed a dispute, stating my loan had been paid off with they amount THEY quoted me as the payoff ... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account May 17, 2016 - I have a line of credit loan with Wells Fargo ( and car loan with - ). Both are simple interest and both use a tactic that when you make an additional payment over the minimum instead of going against the principal they are applied to future payments. To apply additional payments to the principal you need to make a separate payment and forward to a different address. What a pain and not like my mortgage. Seems to be similar to loan tactics of the - that tried to to discourage paying off loans early and max interest costs/payments ... |
Wells Fargo & Company Mortgage settlement process and costs May 15, 2016 - I obtained a loan from Wachovia Bank in 2008. Wachovia was later bought out by Wells Fargo. The following issues warrant my complaint : -I recently received loan documents from Wells Fargo -The property land description is incorrect and the property street name is misspelled -My initials are forged on the land description page ( hand-numbered as page- ) -The loan was originally a fixed rate conventional mortgage loan ; however, when the loan was changed to Wells Fargo, Wells Fargo changed the loan to a home equity without consumer knowledge or consent. Such change restricts refinance option... |
Wells Fargo & Company Mortgage application, originator, mortgage broker May 14, 2016 - - - - - - - an associate of - - - has commenced a series of fraudulent documents to seize my home at - - - - CA -. The last known transaction was created by -. The IRS has provided me records confirming that the servicer Wells Fargo Bank N.A . took ledger credits on - which is the day the US Bankruptcy Court discharged the home equity line of credit as unsecured debt - listed on schedule - - also rescinded the World Savings Transaction in - in fear of unrelated party commencing actions such as - - and associates. I also confirmed... |
Wells Fargo & Company Mortgage credit decision / underwriting May 9, 2016 - On - -, 2016, my son and I called Wells Fargo to apply for a Home Equity Loan. We spoke with - - ( Tel. - ext. -. ) She explained the process and told us it would take - weeks to close on the loan. We told her that remodeling and updating was being done and she said that as long as it was n't a new home construction, it was OK. We were pre-approved, and were told that there would be a drive by inspection. When the inspector drove by, we were painting the exterior. He reported back to Wells Fargo that the house was under construction. After telling them that the house exte... |
Wells Fargo & Company Mortgage loan servicing, payments, escrow account May 4, 2016 - I wo n't bury the lead ; Wells Fargo lost $20000.00. In -, I refinanced my mortgage with Wells Fargo and wrapped about $20000.00 into the mortgage, keeping the line of credit open. ( Credit limit ; $20000.00 ) Since then I drew $5000.00 on the account. To my horror, I received a letter two weeks ago that my account was in default, I was over my credit limit and that the balance due was $25000.00 ( impossible since I had just paid down $20000.00 ). I assumed this was a simple clerical error that could easily be resolved. However Wells is insisting it wired the - to my title c... |