Complaint / review / scam report
Americas Servicing Company
I received a letter from America's Servicing Company wh...

Complaint / review text:
I received a letter from America's Servicing Company which is a subsidiary of Wells Fargo Bank explaining that I am eligible for a mortgage loan modification that could assist me in making my loan affordable. I currently have a loan with an ARM interest rate of 9.25% which has made my loan unrealistic and above 31% of my income. I have lived in this house for approx. 20 years and could afford this mortgage under the President's Loan Modification Program. I qualify and am very willing to work with my mortgage company. My biggest frustration is that ASC does not bargain in good faith. I am not sure as to who actually owns my loan. Upon contacting Well Fargo, I was informed that Wells Fargo's Modification Department handles all of the loans. Yet I receive false promises from ASC customer service dept.

Contact information:
Author: Contact with Author

Offender: Americas Servicing Company

Country: USA
Site: www.wellsfargo.com

Category: Business & Finance

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