Posts Tagged ‘ wells fargo loan modification ’

Wells Fargo saw a dip in the number of active trial modifications in the month of June 2010 Many homeowners have had trouble making their mortgage payments during the modification period and as a result many Making Home Affordable modification trials have been canceled by a variety of lenders. Yet, these cancellations and low numbers...
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14-percent of Wells Fargo trial modification customers fail to make all three payments At Wells Fargo & Co., about 14 percent of the customers who make one payment in the trial loan modification phase don’t end up making all three to qualify for a permanent reduction, said Mike Heid, co-president of Wells Fargo Home Mortgage...
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Wells Fargo gives borrower run-around for a year over loan modification “I’m not a user, or an abuser, I’m a hard worker,” says Rhonda Daniels, who like many has fallen on hard times and has a mortgage loan with Wells Fargo. She and her husband Shedrick left their jobs to start a business a few years...
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Wells Fargo rejected a loan modification package after the homeowner made five on-time payments during the loan modification trial period Newly divorced and battling ovarian cancer for the second time, Lori Ann Mitchell was hoping for a home loan modification to help her get back on her feet. What she received from Wells Fargo instead was...
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Wells Fargo expands its use of the HAMP home loan modification program to homeowners facing financial hardship As of Nov. 30, Wells Fargo had 422,001 active trial and completed modifications put in place since the beginning of the year. Of this total, 99,674 were Home Affordable Modifications after removing cancelled HAMP trial modifications. In November, the...
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