American Servicing Company, Wells Fargo
American Servicing Company, Wells Fargo Preditory Lending Actions

American Servicing Company is at all no service to any of its loan holders. It causes unnecessary run around on the telephone; plus none of the call agents or supervisors can give you a truthful or correct answer. American servicing Company charges extraordinary fees that they them self can not justify or have clarification on besides that's just the standard fee.

They provided false APR information. I was told that I would have a 7.5% and got stuck with a 9.87% rate. Also I was suppose to be in a FRM and was put into an ARM. Fraudulently showing one interest rate on initial proposal and installing a higher one on the actual mortgage note. Was not shown the change at closing just told to initial everything.

Mortgage Broker informed at signing not to worry about anything that we would be refinanced in 12-18 months. Completely untrue. Your ability to refinance is completely up to the lender not the broker.

I am looking for anyone with proof of negligence to join us and bring this to a class action level. I feel that it is time to take a stand against the practices of this company and its parent company.

Company: American Servicing Company, Wells Fargo
Country: USA
State: California
City: Los Angeles
Address: Po Box 60768
Phone: 8008427654

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