Monday, November 7, 2011
Wells Fargo says most of its mortgage modifications in-house
This is important because Wells Fargo received funds from the Government to do HAMP loan mods, in which the borrower receives incentives and is given better loan terms. I was denied HAMP and given an in-house loan mod and the terms are ridiculous. Wells still received money from the government to give me a HAMP loan mod.
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