Complaint / review text:
After dealing with Wells Fargo for the past 16 months and getting denial after denial Wells Fargo FINALLY came up with their version of a loan modification.
After making my three installments of $1845.17, as requested by Wells Fargo, I was given the Loan Modification Agreement with less than 5 days to go over the terms proposed by the Wells Fargo legal staff. Furthermore I contacted Wells Fargo immediately to get a detail of the terms since my English is not very good. Wells Fargo on February 12 informed me that a letter was sent out to further explain the terms. NO LETTER arrived. And no explanation provided either.
If you look at the records, I spoke to someone at Wells Fargo nearly every day and not once did anyone mention that I had until February 18 to get the papers back or Wells Fargo will foreclose on my home. Now Wells Fargo has taken my money, time has expired and Wells Fargo has a foreclosure sale date of March 4,2010. Now I am told this process has to start all over again if Wells Fargo does not foreclose first. Why?