Wells Fargo Home Mortgage
Foreclosure After Wells Fargo Refused Reaffirmation Agreement

Business & Finance

In Oct of 1999 Wells Fargo took over my loan from Directors Mortgage. At the time I was recovering from a disability and getting back on my feet. Our home had a substantial amount of equity in it. Was worth 250,000
a VA loan of 169,000 and a second mortgage.

This loan was going into foreclosure but I had gotten back to work and worked out a reaffirmation agreement with my attorney.

Wells Fargo told me I was eligible to reaffirm with them, so I had my attorney draw up the paperwork. At that point they said it wasn't a secured loan and therefore not legal in California.

They foreclosed and never paid off my VA loan
or gave me a payout of disbursements.


Company: Wells Fargo Home Mortgage
Country: USA
State: California
City: Rancho Cordova
Site: wellsfargo.com
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