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Sent to a friend wells fargo home mortgage holds a 30 year mortgage at 6.125 int ,rate.actual statement reads , payment of $870;00 ,intrest $478.85 ,principal $113.21.at this rate ,this 30 year mortgage will take at least 90 years to pay off, the entire mortgage is $94'000 ,i have been forced to make four ,forebearence agreements under the promise each time of a loan modification to bring mortgage current, each time being deferred one payment,now instead of the three months behing which i reqested help with , i am now seven months behind and under constant threat of foreclosure,and have been served with foreclosure papers,this is one perfect example of why the foreclosure rate is so high ,the mortgage companies are purposely not helping the buyers and putting them much farther behind to make it easier to take away their homes as explained , wells fargo is responsible for four of my seven months of unpaid mortgage and still , there is no loan modification to bring me current.i also have a smaller second mortgage with wells fargo financial bank , whom call my house anywhere from nine times per day and in one case seventeen times in one day,including sundays and holidays from 7;00am ,to 11;00 pm daily.this again is one example of what people are being put through but no one ever hears about it.
Posted 5 months ago
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- Dear Friend:
I do sympathise with you because Well Fargo took my house in CT as well and I did not even have a mortgage with them. I had a mortgage with Option One and apparently no one bother to tell me about it. Even though I was not delnquent with my monthly ppayments, Well Fargo forclosed on my house because Option-One did not pass on my payents to Well Fargo the CROOK. I went to Court, to no avail. The big probllem in this Country is that the Government Organizations who should be helping consumers, don't. Insead, they send back to "work it out with your mortgage company" knowing that these people are CROOKS. However, these organizations are quick to use our tax money to "bail out" these Fortune 500 companies.
Posted 4 months agoReport - I always love listening to these stories masking the reason I can't make my monthly payments! $870 a month isn't anything for a house these days. Rent an apartment (If you can get one this cost or at)!
Wells Fargo mortgages my house directly. No worries, I pay my monthly payment every month.
My 30 year mortgage will be paid in 30 years or sooner, not 90!
Posted 3 months agoReport
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