Home > Foreclosure, HAMP, Mortgage Modification, Wells Fargo > Wells Fargo Blatantly Discriminating Against Hispanic Homeowner *Update*

Wells Fargo Blatantly Discriminating Against Hispanic Homeowner *Update*

Wells Fargo is blatantly discriminating against our Hispanic client. They clearly qualify for a HAMP loan modification, but Wells Fargo is refusing to modify the loan and postpone the auction that is scheduled for Thursday, February 23, 2012. We are very disappointed with the treatment our clients are experiencing. This loan is predatory and discriminatory. We will update with more information and the complete story tomorrow.

Update: Wells Fargo postponed this auction. The new date is March 26, 2012. Our hope is that Wells Fargo will follow the guidelines and modify this mortgage.

  1. Michael Szalay
    February 24, 2012 at 8:43 am

    11.5% interest…predator lending…they are proficient in this practice. I fought with Wells Fargo in 2005 after suffering a heart attack..spoke with a VP from Customer Service and they graciously reduced interest payment to 9.375% fixed…they should have lowered the rate to a manageable 5% back in 2005. Still at 9.375%.

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