Wells Fargo withholds funds!
During Hurricane Irene in August 2011, a tree fell across the roof of my house, causing over $30,000 worth of damage. Travelers Insurance was prompt in responding and issued an initial check made out ... read full review3 Replies - Latest reply on 09/17/2012
It's no secret that I hate Wells Fargo. I hate them with a passion because they constantly lie to me and many other mortgage holders. Wells Fargo took 25 billion in TARP funds and Wells Fargo's CEO John Stumpf was the highest paid of any financial industry executive in 2009. He received $21.3 million in 2009 total compensation, $6.5 million more than he received in 2007. Yet they have done not one damn thing to help their customers. Read more here:
We are trying to get a loan modification on our home loan. With the economy the way it is I haven't been able to get the work I used to. (Wife is employed) The Representative I am dealing with is rude, inpatient, basically so hard to communicate on the phone with because of his attitude or just trying to call his direct line. I tried 15 times in one day, after he gave me a deadline of 2 working days for some additional paper work he wants and tells me if I contact the VA he will not be able to help us with our Mortgage assistance and he will proceed to put our loan into default. Does anyone now what to do about this type of behavior from these type of people or where we can go to get better help? We have been trying to get results for over 3 weeks. ( we are 2 months behind in our payments) 1 Replies - Latest reply on 06/20/2011Add reply
My husband lost his job in August, and we had to relocate from Texas to Florida. Because of this, we were forced to do a short sale on our home. We had a buyer for 141 days. During this time, Wells Fargo required us to submit updated paperwork 5 times. The same paperwork over and over because it would become outdated before they would review. Our buyer finally gave up, and now we are facing foreclosure. We had the buyer and did everything required of us and jumped through every hoop they put in front of us but they screwed us.
1 Replies - Latest reply on 03/23/2011Add reply
Stay far far away from Wells Fargo. They are dishonest and shady. I believe that they don't care about helping their customers.
After more than 7 months of delays and unanswered calls, our loan is still pending. My experience is a long string of unresponsive personnel who pass the buck to a multitude of other departments. However, they never actually call the other departments and often do not answer calls. 3 Replies - Latest reply on 01/24/2011Add reply
Loan Modification Fraud
Wells Fargo Loan Modifications are a fraud! I was a loyal on time paying customer until I got hurt on my job 2 yrs ago and I was put on sick leave. I refinance and got an adjustable rate in 2004.I called ... read full review4 Replies - Latest reply on 01/08/2011
Hells Fargo modification Mess
I just read a lengthy review on this site about a nightmare home modification. I can tell you that the exact same thing happened to me. WORD FOR WORD. i thought I was reading my own thoughts. I think ... read full review2 Replies - Latest reply on 11/08/2010
Never Use Wells Fargo Home Mortgage
SAN FRANCISCO, CALIFORNIA -- Wells Fargo provided the loan for my home and now a group of soulless investors that Wells Fargo sold the loan to is trying to take it away. If I had known that everyone would benefit from the loan but ... read full review
Waiting for Robinhood
I am a school teacher and my husband is a contractor, both once considered good jobs. Three years ago, my husband had a heart attack, which put him out of commission for about a year. Once back on his ... read full review1 Replies - Latest reply on 02/19/2011
IA -- At the end of a long process trying to refinance my mortgage. In order to close on the new loan, I need a payoff letter stating the correct amount of interest and principal owed on my existing mortgage. Wells Fargo sent the attorney for my new lender the wrong information, because they failed to apply my last month's payment to the correct loan.
2 Replies - Latest reply on 06/01/2010Add reply
I've spent hours and hours on the phone with their customer service department, collections department and various supervisors. I've faxed over the canceled check several times. Even though Wells Fargo admits to their error, for some reason they can't get the corrected payoff letter generated in time. That is just plain ridiculous!
As a result, I will suffer. I can either delay the closing, which means I would have to resubmit financial documents to the new lender and which will have to be approved all over again; OR I can bring an additional $3,000 to the closing to give to Wells Fargo, who will return any excess monies to me within a undisclosed period of time.
Why is this legal?
Wells Fargo Stole Our Home!!
After a rough summer of '08, my husband and I slipped on our mortgage in November of '08. Calling Wells Fargo immediately we explained it was a temporary hardship, we were business owners and would recover ... read full review6 Replies - Latest reply on 12/07/2010
LAKE MARY, FLORIDA -- Four years ago my wife and bought our first home together. We got a good interest rate and bought at just the right time. In September of 2008 my wife (Title Agent-Realtor) lost her job. We contacted ... read full review1 Replies - Latest reply on 02/04/2010
Learn About It Before You Buy It
Seriously, a mortgage is really one of the biggest investments you will make. Some of you will have bigger but for the average every day American a home is a symbol of pride, and owning it makes it even ... read full review