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tgrgrd00 
LSU Fan
LaPlace, LA
Member since Jun 2004
3313 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 2:32 pm to tigerpimpbot)
quote:
Did you get behind on your homeowners insurance and wells fargo 'force placed' you?
Nope, never been a day late or a dollar short.
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Catman88
LSU Fan
Baton Rouge, LA
Member since Dec 2004
36331 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 2:33 pm to tgrgrd00)
quote:
GET OUT NOW!
Curious.. Is this an option without a refi? Hell you could refi and still end up back with WF. They bought my loan. Havent had any issues with them thank god but its not like I just asked them to pick up my loan. Would suck to pay closing costs for a refi not gain much other than get away from WF then end up right back with them.
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tgrgrd00
LSU Fan
LaPlace, LA
Member since Jun 2004
3313 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 2:34 pm to Y.A. Tittle)
quote:
He needs to contact the insurance company and advise of the holdup. They may have to just cancel that check and they'll reissue.
I have contacted the insurance company. They said it is up to Wells Fargo now.
Are you saying they could possibly write another check without Wells Fargo as a payee?
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Catman88
LSU Fan
Baton Rouge, LA
Member since Dec 2004
36331 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 2:37 pm to tgrgrd00)
I think he is saying to ask the INS CO to cancel the check and reissue that it probably got lost at WF somewhere.
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tgrgrd00
LSU Fan
LaPlace, LA
Member since Jun 2004
3313 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 2:37 pm to Catman88)
quote:
Curious.. Is this an option without a refi? Hell you could refi and still end up back with WF. They bought my loan. Havent had any issues with them thank god but its not like I just asked them to pick up my loan. Would suck to pay closing costs for a refi not gain much other than get away from WF then end up right back with them.
Not sure. Maybe you could get another mortgage company to buy your mortgage?
I do know that there are some mortgage companies out there that guarantee not to resell your loan. Wish to God I would have gone this route.
You are fricked if you ever have a claim I can promise that.
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tgrgrd00
LSU Fan
LaPlace, LA
Member since Jun 2004
3313 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 2:41 pm to Catman88)
quote:
I think he is saying to ask the INS CO to cancel the check and reissue that it probably got lost at WF somewhere.
It's not lost. They know they have it and how much it is.
They just refuse to release my insurance money.
Now all work on my house has stopped because I have come out of pocket for everything.
Wells Fargo has a 8 week old and a 4 year old displaced from their home because they refuse to endorse MY insurance check. Fact.
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dillpickleLSU
LSU Fan
Philadelphia/Baton Rouge
Member since Oct 2005
21180 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 2:46 pm to tgrgrd00)
call them and tell them your attorney will be contacting them and that you want to speak to a manager, then keep escalating it until they produce a check
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tgrgrd00
LSU Fan
LaPlace, LA
Member since Jun 2004
3313 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 2:51 pm to dillpickleLSU)
quote:
call them and tell them your attorney will be contacting them and that you want to speak to a manager, then keep escalating it until they produce a check
Been there done that. Get nowhere. They figure their attorneys are better than mine. They don't flinch.
Another thing is I can't find an attorney to even call me back about this. I have contacted several.
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TheHiddenFlask 
Clemson Fan
The Welsh red light district
Member since Jul 2008
16382 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 2:52 pm to tgrgrd00)
This. Thread. Is. Dumb.
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tgrgrd00
LSU Fan
LaPlace, LA
Member since Jun 2004
3313 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 2:58 pm to TheHiddenFlask)
quote:
This. Thread. Is. Dumb.
Why. Is. That? Seriously?
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bigblake
Member since Jun 2011
512 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 3:19 pm to TheHiddenFlask)
(no message)
This post was edited on 4/6 at 1:52 pm
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Y.A. Tittle
LSU Fan
Member since Sep 2003
44025 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 3:19 pm to tgrgrd00)
quote:
Are you saying they could possibly write another check without Wells Fargo as a payee?
No. I was confused about your situation. It thought Wells Fargo somehow lost your payment (which happens not infrequently ins this stuff). I now see that they've got it.
Yeah, your insurance company is not going to get involved then.
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tgrgrd00
LSU Fan
LaPlace, LA
Member since Jun 2004
3313 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 3:26 pm to bigblake)
quote:
THF, I have to agree. Something seems fishy
Please tell me what is fishy so I can fix it. Please. Idk wtf else to do.
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LSUnGA
LSU Fan
Buford, GA
Member since Jun 2009
1156 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 3:36 pm to tgrgrd00)
I think people are not realy understanding what your issue is. Pretty common situation other than the check being held up by WF for so long.
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Glock17 
USA Fan
Member since Oct 2007
12156 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 3:38 pm to LSUnGA)
I've been through a similar situation like this following Gustav with US Bank.... It had to jump through all kinda hoops to get them to release my insurance money.
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Y.A. Tittle
LSU Fan
Member since Sep 2003
44025 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 4:14 pm to tgrgrd00)
Tell them your contractor is threatening to put a lien on the house if you don't pay him.
That should get the mortgage holder moving.
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Tigah in the ATL
LSU Fan
Atlanta
Member since Feb 2005
20589 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 6:06 pm to Y.A. Tittle)
quote:
Mortgage holder is typically deemed an additional insured on a homeowners policy, and will be an additional payee on any insurance claim proceeds
Never on mine.
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LSU6262
LSU Fan
Member since Jun 2008
1990 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 7:04 pm to tgrgrd00)
is your mortgage current?
is the claim more than $10k?
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tgrgrd00
LSU Fan
LaPlace, LA
Member since Jun 2004
3313 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 7:14 pm to LSU6262)
quote:
is your mortgage current?
Yes. Never delinquent even once.
quote:
is the claim more than $10k?
Yes, I got 14 inches of water through the entire house for hurricane Isaac.
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LSU6262
LSU Fan
Member since Jun 2008
1990 posts
| re: If your mortgage is with Wells Fargo...GET OUT NOW! (Posted on 10/11/12 at 7:24 pm to tgrgrd00)
quote:
Yes. Never delinquent even once.
are you near a wells fargo branch? if so, a banker may be able to endorse the check for you.
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