Complaint / Review
Wells Fargo Bank
Escrow Account Doubled Payments and Led to Foreclosure

I'm writing as I also see many others like me who have dealt with Wells Fargo bank / home mortgage. I work for a mobile home company in northern ny and have been there for many years now. I purchased my first home through them and got my financing through Wells Fargo home mortgage. Everything was good for the first 3 years and now all of a sudden I get hit with and put into an escrow account in which I had signed off from when I did my closing and did not want to be in the first place. My payments were very affordable and then doubled once in the escrow. Six months after the escrow was set up without being contacted I found myself in foreclosure because I could not make the doubled payment. I tried working with Wells Fargo but every time I called them I would get a different person and would tell me the exact opposite that the very person before him would tell me. I did everything I was told to do but still found myself in foreclosure and ended up borrowing a lot of money from 401, and also my parents in order to keep my home. I am very disgusted with this bank and am now in the process of trying to refinance but am finding that I can't since Wells Fargo has ruined my credit rating from the foreclosure proceedings. Is anybody out there with me in this situation? I think Wells Fargo should be a responsible company and look into helping the ones they have hurt and come forward and admit what they have been doing to not only me but as I have read a lot of others also!!!