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domsmom44 · Joined: 24 Oct 2007 Posts: 10 11.29 Dollars($)

I spoke with Wells Fargo last week to work out loan modification, was prequalifed, had to send them $2000 by the 25th of this month, which I overnighted this past week. Saturday got served with foreclosure papers. What's next? Can they still take my home? I thought they were going to work with me.

jameshogg

Hi Domsmom,

This is really odd. If they were not willing to modify the loan, why do they have to ask for money. And then suddenly you receive the papers! well, what are the papers saying - when is the foreclosure sale date? Have they given you enough time to make up for payments?

Guest

I just called Wells Fargo. They received my payment and said until loan modification is worked out, which is anywhere from 30-45 days, I will continue to receive collection letters, etc. from them and attorney. No sale date has been set. I have 20 days to file answer.

michelle_70501 · Joined: 15 Mar 2008 Posts: 18 13.02 Dollars($)

Good Luck! I am going through the same thing with Wells Forgo (under the name America's Servicing Center). I made the down payment of $3500, made six payments of $900 and because I forgot to call them with financial information in Feb, they booted me from the modification program. Now they say I will have to start over again with a $4000 down payment and six payments of $1000. My advice to you is make sure all your payments are made on time and keep in touch with them often. If the modification plan isn't kept, they will want you to start over again and the payments will be MUCH higher.

gmakerley · Posted: Mon Mar 17, 2008 8:58 am Post subject:

hi mom - until i saw your second posting, i was going to suggest the very same thing that wells told you. their paperwork goes out regardless - you will continue to see mail and perhaps even phone calls until your arrangement is complete.

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I just got served with foreclosure papers