Tag Archives: wells fargo

Banks failing to prevent foreclosures

For those of you who have tried working out modifications, principal adjustments or short sales with the banks, the following news will come as no surprise,  The banks are failing to work with homeowners and even potential buyers in order … Continue reading

Posted in Avoid Foreclosure | Tagged , , , , | Leave a comment

Philly man forecloses on Wells Fargo

In an an ironic twist, Patrick Rodgers, an independent music promoter in Philadelphia, has won a judgement against his lender, Wells Fargo. Rodgers, who was current on his 7 year old mortgage on a home he purchased for $180,000, was … Continue reading

Posted in Mortgages | Tagged , , , | Leave a comment

California kicks off foreclosure prevention program

California has kicked off a new foreclosure prevention program this week with the California Housing Finance Agency currently taking applications through a toll-free hotline.  In just the first two days of the program, the agency has already fielded 1200 calls. … Continue reading

Posted in California Foreclosures | Tagged , , , , , , | Leave a comment

Top mortgage lenders ready to settle

Bloomberg is reporting that the country’s five largest mortgage lenders, Bank of America, JPMorgan Chase, Citigroup, Wells Fargo and AllyFinancial are prepared to reach independent settlements with state Attorneys General as part of a nationwide investigation into foreclosure practices. Terms … Continue reading

Posted in foreclosure scandal | Tagged , , , , , , | Leave a comment