Wednesday, April 28, 2010

HURT HOMEOWNERS ARE ENCOURAGED TO SHARE THEIR STORIES ON SHAME THE BANKS.COM

  1. Diane H. - Reading, PA
    (Real Stories/Mortgage Stories)
    I started having problems making my mortgage payments to Wells Fargo back in Feb, 2009 due to having my hours cut at work.  I contacted my local office to ask them to lower my interest rate @ 9.375; no ...
  2. Kelly L. Hansen - De Soto, KS
    (Real Stories/Mortgage Stories)
    Wells Fargo decided to pay my property taxes TWICE, and then they prepaid my homeowners insurance.  I'd always paid month to month.  After spending the last four years talking to hurting homeowners there ...
  3. Michelle C Magnolia, Delaware
    (Real Stories/Mortgage Stories)
    ... has bailed you out Wells Fargo. I refuse to give in I will call everyday and I am going to start sending a fax and email everyday to the Board of Directors, sooner or later someone will listen and deal ...
  4. Elsa Spraiter - neptune beach, florida
    (Real Stories/Mortgage Stories)
    ... encapsulates my experience with HAMP and Wells Fargo, it would be 'kafkaesque'. I am a professional architect and purchased my house in the fall of 2007. The house had belonged to my recently deceased ...
  5. Elsa Spraiter - Neptune Beach, FL
    (Real Stories/Mortgage Stories)
    After 6 months of jumping through the Wells Fargo hoops, I was notified that I qualified for their 3-month moratorium on monthly payments. The representative stated that this was a necessary step in ...
  6. Eric L. - Rockledge, FL
    (Real Stories/Mortgage Stories)
    ... is yet another story there).  First, my wife and I are current on both our first and second loans, first with BofA, second with Wachovia (Wells Fargo now).  I make a decent living, but my wife and I bought our ...
  7. John Dupuis - Dickinson, TX
    (Real Stories/Mortgage Stories)
    After hurricane Ike, Wells Fargo delayed the start and completion of and created additional stress to the rebuilding process. One employee even referred to the home we lived in as “ours” [Wells Fargo’s.] ...
  8. Susan B. - Haward, CA
    (Real Stories/Credit Card and Bank Stories)
    ... checking account to our local community bank last December, when Wells Fargo froze our accounts for three weeks (that's another story....). But I'm stuck with about $50,000 in credit cards with interest ...
  9. Why Homeowners Aren't Being Heard ... Or Why Congressional Hearing Fails to Listen
    (Blogs/Richard)
    ... for that matter. Lowman's colleagues are coming out in force admitting to rampant unscrupulous tactics, WAMU knew of the mortgage fraud, Wells Fargo did as well, and bank insiders are starting to ...
  10. Lawsuit has new proof that Wells Fargo used questionable practices
    (In The News/Mortgages in the News)
    MEMPHIS, TN (WMC-TV) - The City of Memphis has more ammunition to use in its lawsuit against a company it said uses predatory lending practices. In December, Memphis filed suit against Wells Fargo, ...
  11. Loan Mod - Why Should the Banks Bother?
    (Blogs/Alicia)
    ... loan mods through in the last year and a half, and it is getting increasingly more difficult. She says that the best bank to deal with, overall, has been Bank of America. Wells Fargo has been the nicest, ...
  12. Top Bank Regulator Changes Tune, Now Calls For Independent Consumer Agency
    (In The News/Banks in the News)
    ... Wells Fargo, Bank of America, JPMorgan Chase and Citibank to operate under one federal standard, rather than a collection of different consumer protection regimes. Also, the OCC says it "prefers" that ...
  13. No Income Tax for BOA and Wells Fargo
    (Blogs/Lori)
    ... be kind to Bank of America and Wells Fargo. BANK OF AMERICA The Charlotte Observer reports that Bank of America probably will not have to pay federal taxes because it lost money in the U.S. for the ...
  14. JPMorgan, Lehman, UBS Named in Bid-Rigging Conspiracy
    (In The News/Banks in the News)
    ... this week also included Wachovia Corp., which was purchased by San Francisco-based Wells Fargo & Co. in 2008. Elise Wilkinson, a Wells Fargo spokeswoman in Charlotte, North Carolina, didn’t return ...
  15. Mortgage Modification Program: 12 Million Households 'At-Risk'
    (In The News/Mortgages in the News)
    ... embedded on their balance sheets. *Why did principal reductions suddenly fall in Q4? This is just a hunch, but I bet it had something to do with Wells Fargo. They have a huge pile of option ARMs via ...
  16. Questions Remain About Program's Effectiveness
    (In The News/Mortgages in the News)
    ... Graham Fisher & Co., say the program is a huge gift to megabanks JPMorgan Chase, Wells Fargo, Citigroup and Bank of America. When a borrower is foreclosed on the first-lien owners get paid out first. ...
  17. Obama Loan-Modification Effort ‘Failed Miserably,’ Panel Says
    (In The News/Mortgages in the News)
    ... said. Of the 113 mortgage servicers participating in HAMP, only Bank of America, Wells Fargo & Co., JPMorgan and Citigroup Inc. have signed up for a Treasury program that provides cash incentives for ...
  18. CEO Compensation: Execs Got MORE Cash Last Year Despite Obama Administration's Efforts
    (In The News/Banks in the News)
    ... D. Lewis received no cash, bonus or equity compensation in 2009. Lewis, 62, retired on December 31. Not all TARP recipients showed restraint. Last August, San Francisco-based Wells Fargo & Co.’s ...
  19. Citigroup Signs Up For Government's Loan Modification Program
    (In The News/Mortgages in the News)
    ... customers stay in their homes. Bank of America Corp., Wells Fargo & Co., JPMorgan Chase & Co. already participate. A collapse in the housing market late in 2007 helped push the economy into ...
  20. Shaming the Shameless?
    (Blogs/Richard)
    Well, Treasury's at it again. They're going to shame the banks into modifying mortgages. Geithner may even put his hands on his hips and wave his finger at them. Maybe we'll get lucky and he'll rattle ...
    1. Shame on You Bank of America
      (Blogs/Lori)
      ... loans are as follows: Bank of America:  1,066,025| J.P. Morgan Chase Bank, NA:  432,416Wells Fargo with 357,483 Disturbingly absent from these numbers is the number of homeowners who are facing imminent ...
    2. Shaming the Shameless?
      (Blogs/Richard)
      ... with the help of a local activist group also got a loan modification from Ocwen after a year of negotiating. "The strategy included rallies in front of her house, pickets in front of the house of Wachovia/Wells ...
    3. Banks violated mortgage rules, lawsuits allege
      (In The News/Mortgages in the News)
      Two lawsuits filed yesterday in US District Court in Boston claim Wells Fargo and Bank of America have not followed federal rules for mortgage loan modifications, leaving some homeowners stuck in foreclosure ...
    4. Watchdog Fed Didn't Bother Barking
      (In The News/Mortgages in the News)
      They began to present research in 1999 showing that large banking companies including Wells Fargo and Citigroup had created subprime businesses wholly focused on making loans at high interest rates, ...
    5. Barney Franks's Letter to the Banks
      (In The News/Mortgages in the News)
      A letter supposedly sent by Barney Frank to Mr. Brian Moynihan (Bank of America), Mr. Vikram Pandit (Citigroup), Mr. James Dimon (JP Morgan Chase), Mr. John Stumpf (Wells Fargo) We tried to confirm ...
    6. Dave H - San Diego, CA - Letter to Wells Fargo
      (Real Stories/Mortgage Stories)
      Today, January 12, I received notice from Wells Fargo that our request for modification was denied -all this, after three months on a Trial program and, now, over 9 thousand dollars in late fees and ...
    7. 4Closure Fraud
      (Web Links / Partners)
    8. 4Closure Fraud
      (Web Links / Blogs)
    9. Are You a Victim of Wells Fargo Pain?
      (Web Links / Blogs)
      Kelly L. Hansen ON FIRE Vigilante for Wells Fargo Victims!! Wells Fargo, under subsidiary Americas Servicing Company, stole my home. ...
    10. Victims of Wells Fargo's Pain
      (News Feeds / Blog Feeds)
      http://feeds.feedburner.com/blogspot/dZYk
    11. Kelly L. Hansen - De Soto, KS
      (Comments)
      ... Matter Jurisdiction Over the Case. Lack of subject matter jurisdiction can never be time barred. Yes, I do have all documents, copies of all checks cashed/refunded/all accounting print outs from Wells ...
    12. Kelly L. Hansen - De Soto, KS
      (Comments)
      I would have consulted an attorney and filed a lawsuit for fraudulant activities. Especially if you had documents from the County supporting your claim that the monies were refunded back to Wells Fargo, ...

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