Wachovia/Wells Fargo Reverses Foreclosure and Modifies Loan

Sept 29 I had the pleasure of receiving a referral from a previous client of a young lady who had been experiencing problems, like many, during the application of her loan modification. After speaking with this young woman I learned that not only was she having trouble, but the bank did not extend her sale date as promised and foreclosed on her home which was sold at auction to an investor.

All odds it seemed were against her, but in our persistence (working  together) and our numerous requests to the presidents office (at Wachovia) to reverse the foreclosure; in the 11th hour (the day she was appear before the judge for an eviction), the bank not only purchased the home back from the investor, but also modified her loan reducing her payments by over 30%.






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