Articles Tagged With 'Wells Fargo'
Despite Praise From Banks, Treasury, In-House Loan Mods Provide Less Help to Homeowners
Banks’ own modifications typically reduce monthly payments by half as much as those made in the government program, making homeowners twice as likely to fall behind again after a modification.
Biggest Banks Ensnared as Foreclosure Paperwork Problem Broadens
Bank of America, Wells Fargo, and others have joined GMAC and JPMorgan under the microscope as bank regulators order major servicers to review their foreclosure procedures for robo-signing and flawed documents.
Loan Mod Profiles: In Trial Limbo
Extended trial periods delay answers and cause problems for homeowners looking for mortgage modifications.
Profiled Homeowner Gets a Mortgage Modification
Wells Fargo has finally given a loan modification to a long-frustrated homeowner who had feared foreclosure.
Loan Mod Profiles: The Runaround
Many who are facing foreclosure say that paperwork errors and other problems are bogging down mortgage modifications.
Disorganization at Banks Causing Mistaken Foreclosures
Communication problems have caused some to lose their homes even while trying for mortgage modifications.
Homeowners Say Banks Not Following Rules for Loan Modifications
Homeowners have presented more cases where their loan modifications were denied, or their trials extended, and the reasons they
With Bank Money Returning, Bailout Burden Shifts Toward Housing
Fannie Mae and Freddie Mac now account for about one-third of the outstanding bailout money, with more sure to come.
The Secret Test That Ensures Lenders Win on Loan Mods
Mortgage servicers aren't required to disclose the formula they use to decide who qualifies for the federal modification progra
How Are Those Loan Mods Coming? Sept. Edition
About 360,000 borrowers have begun the trial period of the mortgage modification program.
Lawsuits Claiming Abuse Mount for Gov’t Mortgage Partners
Many loan servicers in the Making Home Affordable program have records of unfair business practices, a report says.
Big Bailed-Out Banks Ramp Up Fees
Bank customers, who are overdrawing less, are being charged more when they do.
Homeowners Seeking Gov’t Loan Mods Are Fed Up
As the number of foreclosures rises, banks are struggling to keep up with demands for mortgage breaks.
