Posted on: 31st Oct, 2009 03:02 pm
wells fargo purchased my mortgage from wash mutual for the sole purpose of forclosing on my property. i had 1 year left on a 15 yr mortgage and 6 yrs on 2nd mortgage which is only 420 per mo.
i thought were were in loss mitigation and they bought my homes.
before this i had been unable to refinance unaware that pnc never removed the secured loan of 55,000 when they sold it to wash. mutual adding the additional 55,000 to appear as owing this as well
i thought were were in loss mitigation and they bought my homes.
before this i had been unable to refinance unaware that pnc never removed the secured loan of 55,000 when they sold it to wash. mutual adding the additional 55,000 to appear as owing this as well
i've heard that wells fargo (and others) do some stupid things, but i've never heard that they did anything so stupid as to purchase a mortgage for the purpose of foreclosing. that's quite an accusation.
I haven't heard of this either. I would contact an attorney.
