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loan modification: Wells Fargo: "they don't talk to us" & "giving us the run around" - 01/28/09 09:21 PM
Here is an email I received this evening.  Unfortunately it is not unusual and I frequently get emails, calls and comments on my blogs from frustrated homeowners seeking HELP from their lenders.  Here's one that clearly wants to keep their home.  I don't know their situation, but surely if Wells Fargo has had their package since December, Wells Fargo would be able to tell them definitively if they can help or not, right?  Well, at least you'd think so.
SO now, intead of saving their home, they want to do a short sale. Unfortunately, they are not in an area I … (17 comments)

loan modification: Predatory Lending - Call to Action - 01/27/09 09:16 PM
Today, while perusing the www.NACA.com website I came across a couple of areas I thought were interesting enough to pass along.
First of all, NACA is the Neighborhood Assistance Corporation of America.  NACA is a HUD certified counseling agency and provide non-profit advocacy. For those who have not heard of NACA before, here is a brief description of what they do from their overview page: 
The Neighborhood Assistance Corporation of America ("NACA") is a non-profit, community advocacy and homeownership organization. NACA's primary goal is to build strong, healthy neighborhoods in urban and rural areas nationwide through affordable homeownership. NACA has made … (0 comments)

loan modification: Wells Fargo / Wachovia unveiling new loan modification program - will it help? - 01/27/09 10:29 AM
For Wachovia customers in danger of losing their homes, Wells Fargo is announcing a new program to help Wachovia customers in danger of losing their homes in foreclosure.   As outlined in an article today in Forbes,  it is noted they will provide a reprieve thru the end of February for almost 500,000 borrowers possibly eligible for a modification program.
"Wells Fargo said 478,000 Wachovia customers, with loans totaling about $120 billion, will have access to the program, though San Francisco-based Wells Fargo said it was unsure how many customers would take part.
The customers within this portfolio that are being referred to foreclosure … (12 comments)

loan modification: Your call is very important to us, ya right! The mortgage companies do NOT CARE - 01/23/09 09:11 PM
I was listening to talk radio this afternoon on the way to an appointment to show homes.  Gil Gross of KGO 810 Radio was talking about mortgage companies... he was talking about REAL PEOPLE trying to call the  mortgage companies for help.  You know, all that stuff you hear on the news, "the banks are here to help," "we'll modify loans," "we'll help you stay in your homes." 
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Here is recap:
Friday  January 23 , 2009
2 PM:  Congresswoman Gets the Runaround on Bank Help Lines...
In a revealing example of what she says the average homeowner faces, a California Congresswoman spent more … (7 comments)

 
Cathy-1

Catherine Myers, Walnut Creek, CA Real Estate

Walnut Creek, CA

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Windermere Bay Area Properties

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Real estate news, home for sale listings and market updates. Short sale listings, foreclosure and REO information. Contra Costa County. Specializing in Contra Costa relocation near and far.

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