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(Marketwatch)   Wells Fargo cuts 2,300 jobs from their mortgage department, stagecoach division   (marketwatch.com) divider line 3
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682 clicks; posted to Business » on 22 Aug 2013 at 9:39 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-08-22 05:13:30 PM  
1 votes:
Wells Fargo? Fark them. Had a HELOC and a conforming mortgage with them. They drug their heels for 4+ months, repeatedly asking for the SAME documentation over and over, and screwed me out of a refi. I finally paid off the HELOC and they tried to insert all kinds of hurdles to paying it off (e.g. have to get a specific check made out, overnighted, signed paper indicating you wanted a payoff, etc...) causing delays and costing me more $ in interest. I refi'd with another company at 2.75% 15 year. So, fark Wells Fargo.
2013-08-22 04:33:53 PM  
1 votes:

MrEricSir: Wells Fargo is the only bank I've been in where the sales pressure is at "used car lot" levels. No, I don't want to sign up for this, that, and the other thing. No, I don't want to sign up for a new credit card, a car loan, a home mortgage, etc. I just want a roll of quarters for the laundry.

So if high-pressure tactics are not working for them, all the better.


===========

^This^

The way they attempted to con....and then threaten....my parents into doing a refi that was not in my parents' best interest was truly astonishing.   They only stopped after I threatened to call a lawyer.  Why these people are not in front of a jury being addressed as "the defendants"  I have no idea.
2013-08-22 10:30:59 AM  
1 votes:
You mean the, "Lets get people to pay us for the privilege of paying the taxes and maintenance on property we own" department.

Lie down with dogs, mortgage con artists.
 
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