Home Preservation is bull shit
Complaint
Anonym
Country: United States
I just want to inform everyone that Wells Fargo's Home Preservation department is useless and very deceiving. In the last few years I have faced numerous hardships due to medical conditions, unemployment, and salary cuts, in which I had used all my savings and 401k, because "Wells Fargo's Home Preservation Program", failed to provide any help and I was denied any help every time. A common phrases I heard numerously were “we can’t do anything for you Sir”, “we’ll have one of our specialist call you back”, and “this call is an attempt to collect a debt”. This program will not work, but influence the buyer to continue paying their mortgage thinking help is on the way, “NOT TRUE”, while Wells Fargo is receiving money and continuing foreclosure on your house. If you noticed that every department from Wells Fargo, when they call the 1st thing out of their mouth is, “this call is an attempt to collect a debt”, which advice you to pay immediately. In the same day Wells Fargo inform me that my home had trigger the initial proceedings for foreclosure and notify you that you have 34 days for repayment (this was more like a threat than a notification) and later that day I was contact by this department and was told different, which recommended to continue payments and my loan will be reviewed by an underwriter within 30-60 days. Wells Fargo is full of s***, they don’t care about you; because the loans are insured and they will get paid no matter what. Their goal is to squeeze your money while they’re following the state foreclosure guidelines. This is why the government is currently auditing the bank’s foreclosures in search of foul play. Im in my last proceeding and I trying to borrow money from family members to repay the passed due amount…..”Why you may ask?” This is my roof over my head and all my money has been invested in this home, I don’t want to lose it for just $8K. I recommend that if your facing this situation it’s better to make a decision early and decide to either stop paying mortgage and save your money (live free for 6 to 18 months free) or borrow money and make your account current only if you believe you can continue paying your mortgage for at least another 1-1.5yr. Don’t depend on Wells Fargo to provide any help or alleviated your situation. Avoid working with Kevin Finnen and Zanarda Johnson Home Preservation Specialist.
They don't want you to qualify and they ask for the same documents numerous times, change process, change forms, and change personnel in the process to start all over, and missing information, which was never requested.
Check this websites:
https://www.wellsfargo.com/press/2010/20100115_HAMP
http://www.johnmschwarzlaw.com/wells-fargo-analysis-50-fail-hamp-eligibility/
They don't want you to qualify and they ask for the same documents numerous times, change process, change forms, and change personnel in the process to start all over, and missing information, which was never requested.
Check this websites:
https://www.wellsfargo.com/press/2010/20100115_HAMP
http://www.johnmschwarzlaw.com/wells-fargo-analysis-50-fail-hamp-eligibility/
Comments
and they are not working for you, they want you're money. Wells Fargo is now 10 points away from being the richest bank in the world, behind JP Morgan Chase. B>. Get you're facts straight, and please go back to school. I'm sure this time you will be able to pass the third grade. Good Luck
tr.v. o·ver·saw (-sô), o·ver·seen (-sn), o·ver·see·ing, o·ver·sees
1. To watch over and direct; supervise. See Synonyms at supervise.
2. To subject to scrutiny; examine or inspect
Maybe you should go back to 3rd grade. Idiot
you honestly think we choose hardship over being able to make mortgage payments or are you one of the specialists we deal with. who act like their trained to snatch houses, So that being said "Who is the dumb ass?"
this shows how crappy they really are. Also Check out the RESPA laws I think this might be a way to get to them.
actually to keep homes OUT of FORCLOSURE and APPROVED for a modification will more than likely result in a bonus if the entire team hits the projected goal of saved homes fully modified and brought current. maybe YOU too should be informed.
actually to keep homes OUT of FORCLOSURE and APPROVED for a modification will more than likely result in a bonus if the entire team hits the projected goal of saved homes fully modified and brought current. maybe YOU too should be informed.
Save the money that you have to pay the foreclosure defense attorneys by filing your complaint with the Consumer Finance Protection Bureau. You will get better result. Good luck to you all.