Today MSNBC.com has a front page (above the fold/scroll) headline:
Mortgage modifications moving at snail's pace.
We've been discussing this since Dec. 11, 2008 on my blog here: http://www.4bcj.com/4bcj.com/post/2008/12/11/Wells-Fargo-Mortgage-Loan-Modification.aspx#comment. To date that blog has generated 40 comments from 5,546 page views and not one is from a happy Wells Fargo customer. I've tried to get some media attention about the problem but no news outlet would respond to the idea. It's bigger than just "moving at a snail's pace," people are hurting their credit and losing their homes because of the recommendations from Wells Fargo to stop paying their mortgage! Why isn't the media reporting that? How about Chris Hanson doing a "to catch a predator" on Wells Fargo instead of going after the 7/11's in the world that are taking away lottery winnings (which is horrible too!).
Hopefully MSNBC's article will help everyone that is about to lose their home but, I wouldn't hold my breath if your mortgage is through Wells Fargo.
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