I have experienced all of what I have read about WF. I have been going through a modification for a year and 7 months.
I have submitted and resubmitted paperwork after paperwork during this time. I have a file 3 inches thick of everything I have submitted and all the calls and conversations I have had with them. My foreclosure sale date is next Friday and they told me I would have an answer before that date. They have wasted so much of my time and I feel at least I am making an effort to keep payments on my house.
The fact is they don't want to do the foreclosure because they get their money either way. The economy has taken a toll on many of us and the ones that are really trying to make things right are just *** out of luck with this company. I would have rather them told me a year and 7 months ago there was nothing I could do so I could have saved the headache and the constant worry about this house. I do really wonder how many modifications have been submitted and how many they have actually modified.
This company sucks to say the least and we can complain and report them to any agency we want, but it will not save our homes. So what are we left with.
Everyones credit is going to be bad and we will all have trouble even renting a place much less trying to buy another. I am at loss for what to do and if anyone has suggestions I would love to hear anything at this point.
Product or Service Mentioned: Wells Fargo Mortgage.