Mortgage Forum

Mike

Finally we signed our new loan docs and the matter is behind us but it took 8months, 55 phone calls and several certified letters then finally a single prayer and the next day WF called to talk, I was so overwhelmed i almost leaped out of bed... the lady Keelie B., was phenoninal. The first loan mod raised my payment 366.00, we refused to sign and return the docs, I wrote back asking them to lower the interest which would lower our payment....Yeah right, I continued to make the original payments so we wouldn't get any further behind...That was proof that we really did want to keep and home. Anyway, its done and I did not have an attorney cause if u think about it, if I could afford an attorney, I could make the payment???? Basically, they lowered the interest which lowered my note and put what we owed on the back end, yeah we owe more than its worth like everybody else but if we all walk off from our homes where will that leave the economy and us looking for a rental, NOT!!! This situation was making my health issues worse, my marriage was strained and my kids probably thought I was crazy...ENOUGH, its done..... Last note, anyone in need of 5,000.00 to catch up payments or any other bills associated with your primary mortgage, check out www.mmiphases, u must take the online course before u can apply for the grant....GOD bless u all, and believe me, it takes time and money

vrichedwards

We are going through the same thing. We first applied for a loan modification with Wells Fargo in Dec of 2007. First we had to send our paperwork in several times because somehow they did not get it. So finally after getting all the paperwork together in of April 2008 Wells Fargo stated that we were finally approved for the loan modification and they told us not to make any mortgage payments until June which is when our loan modification is to start. So far we have not recieved the loan modification packet which they say was sent out in late April. It's been three weeks now and many phone calls and still no packet. One dept is saying we are behind, and we have to remind them that they told us not to make the payments. My husband spoke to someone who said our application was still in review, but we were just told we got approved. I'm so frustrated now because I feel that Well Fargo is putting us at risk for foreclosure. June is around the corner and we have not gotten a loan modification packet in the mail. Is there a lack of communication amongst Wells Fargo Departments? Is anyone else going through this same thing?