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team202

FORCLOSURE REMOVED!! WELLS FARGO

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Mid 2014 my house was forclosed on.2008 my ex was awarded house,never refinanced like the decree said.she paid then slacked off

and it was forclosed on in mid 2014.. I tried multiple times to get this fixed over and over.

the house was in my name only and the deed was in her name only. here's what happened as of a couple days ago.

They had my new address where bills were always sent, however when they went to forclose,they sent those papers to the address of the actual house in question.. soooooo I never received any notices.

Wells fargo was just told that they wrongfully forclosed, and they were being sued for damages.they were told they had 10 days to remove all negatives

and that this would be the only notice they would receive,either remove completely from report all negative items and late payments

or report as "paid"..

they responded instantly with" if we remove all things will you be satisfied and not move forward with suit"

why yes....thank you and have a crapppy day Wells Fargo.

FINALLY!!!!!!!!!!!!!!!!!!!!!

I can now continue with life ...lol

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Question for team 202....why was it considered a wrongful foreclosure....because of ex not refinancing or because you never received notice

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I have thought of seeing a lawyer about my foreclosure with Wells Fargo. First, they slap some huge insurance premium on my house because my insurance determined that I didn't live there somehow, even though I did. Then, added that to my payments. Then, when I couldn't make that payment, but later I had some of it, they wouldnt' take a partial payment, nor would they work with me or do any of the programs to refinance, and two days after I was 90 days late, my house went to auction, where they got the exact amount I owed on it, not a penny more, not a penny less. Then, they had me out of that house in no time, gave me two weeks to get out.

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I have thought of seeing a lawyer about my foreclosure with Wells Fargo. First, they slap some huge insurance premium on my house because my insurance determined that I didn't live there somehow, even though I did. Then, added that to my payments. Then, when I couldn't make that payment, but later I had some of it, they wouldnt' take a partial payment, nor would they work with me or do any of the programs to refinance, and two days after I was 90 days late, my house went to auction, where they got the exact amount I owed on it, not a penny more, not a penny less. Then, they had me out of that house in no time, gave me two weeks to get out.

1. What did your homeowners insurance use as justification for that determination? Why didn't you obtain a different homeowners insurance policy through another company? That would have removed the force placed insurance

2. Usually the bank buys the house at Sheriff's Auction for the amount of the mortgage. Nothing unusual there.

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Question for team 202....why was it considered a wrongful foreclosure....because of ex not refinancing or because you never received notice

sorry I have been mia for a while..

they sent notices to wrong address.

then final 3 days before forclosure 3 days isnt enough time to go to the bank let alone fix a forclosure from happening

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I have thought of seeing a lawyer about my foreclosure with Wells Fargo. First, they slap some huge insurance premium on my house because my insurance determined that I didn't live there somehow, even though I did. Then, added that to my payments. Then, when I couldn't make that payment, but later I had some of it, they wouldnt' take a partial payment, nor would they work with me or do any of the programs to refinance, and two days after I was 90 days late, my house went to auction, where they got the exact amount I owed on it, not a penny more, not a penny less. Then, they had me out of that house in no time, gave me two weeks to get out.

Inaction on your part (Not saying that IS the case, just that it's usually the case) doesn't make it a wrongful foreclosure. Your scenario is extremely common and 99 times out of a 100, it's the borrower not opening their mail that causes this. Federal law requires notification to the borrower regarding force placed insurance to ALL known addresses. You moved? Not their job to find you. You didn't get them? I'm confident they'll document they sent them.

 

two days after you were 90 days late? Federal law in effect since 2014 requires the lender to wait before they file the foreclosure for a minimum of 120 days. Must have been a long time ago I'm suspecting?

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Actually , I did move and not their job to find me( you are correct)

However I changed my address so I would know what was happening, and the ex wife with all her skills( changed it shortly before this all happened)

update as of 10/17/17 they did not remove and we were still fighting until TODAY.. An attorney from the local area called and said he was drawing up papers to completely remove trade line from all CRA's

So that I did not sue.. they finally admitted to handling paperwork wrong and getting correct address 2 days before forclosure actually happened..

 

So in the end.... after 3 long years ,.. I WIN!! Or at least I am calling it a win..

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We too got a lawyer back in 2010 for a wrongful foreclosure and they settled out of court.

 

It reports as late and is the last derogatory left on her reports. I too am considering sending a demand letter intent to sue. DOFD is 2009 and the stupid CRAs will not remove even though I disputed multiple times.

 

I am considering a 1-2 punch hybrid, first letter to CitiMortgage saying their was a confidentiality agreement in the settlement that prohibits the communication of the settlement to any third party, including credit bureaus. Then a demand to remove or I will sue for violations letter from the CRAs. Anybody will any suggestions on how these letters would be best worded? TIA

 

TCO

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Actually , I did move and not their job to find me( you are correct)

However I changed my address so I would know what was happening, and the ex wife with all her skills( changed it shortly before this all happened)

update as of 10/17/17 they did not remove and we were still fighting until TODAY.. An attorney from the local area called and said he was drawing up papers to completely remove trade line from all CRA's

So that I did not sue.. they finally admitted to handling paperwork wrong and getting correct address 2 days before forclosure actually happened..

 

So in the end.... after 3 long years ,.. I WIN!! Or at least I am calling it a win..

 

Congrats! how exactly did you word the dispute that got it deleted?

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