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 EntryNo: 904
 Date: Thursday
01:58 AM
01.10.2009
Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 6.0; WOW64; SLCC1; .NET CLR 2.0.50727; Media Center PC 5.0; Media Center PC 5.1; .NET CLR 3.5.30729; .NET CLR 3.0.30618) Jen
Internet Explorer United States of America
Legitimate concerns should be addressed. But when I read this only few of these situations are bank's error. Overdraft fees should really be your own problem. I have worked for a credit union and for a bank. Basically they are the same.

Why is it so hard to realize that you need to balance your checkbook? Use online banking, mobile banking - do something and don't let banks get rich because of your laziness.

So much from me. :)

Visitor comments: 5
 EntryNo: 903
 Date: Thursday
12:16 AM
01.10.2009
Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; FunWebProducts; GTB6; .NET CLR 1.1.4322; .NET CLR 2.0.50727; OfficeLiveConnector.1.3; OfficeLivePatch.0.0; MSN Optimized;US; InfoPath.2; .NET CLR 3.0.4506.2152; .NET CLR 3.5.30729; MSN Optimized;US) M Johnson
Internet Explorer United States of America
I deposisted a payroll check written to my daughter in an ATM. Wells Fargo reversed the deposit 3 days later after withdrawals on the funds were made, withdrawals of $10, $20, etc. They charged $35 a pop for a grand total of $325, causing me to be even more withdrawn and no funds from the check. They have my telephone number, no one picked up the phone to notify me, and racked up the overcharge fees. I was a customer for 12 years with NO overdraft charges ever. I went all the way to the supervisor level and was told they would not reverse the charges because it was not the banks error. WELLS FARGO SUCKS!!! If you bank with them, you better hope you don't make an honest mistake because you WILL pay the price!!!
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 EntryNo: 902
 Date: Wednesday
03:20 PM
30.09.2009
Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; GTB6; .NET CLR 2.0.50727; .NET CLR 3.0.4506.2152; .NET CLR 3.5.30729) JACKIE
Internet Explorer United States of America
I HAVE APPLYED FOR TWO MODIFICATIONS. . THE FIRST WAS TURNED DOWN. NOT ENOUGHT INCOME.SO 2 MONTHS LATER I APPLIED AGAIN . TURNED DOWN AGAIN . NOW I WAS TOLD I HAVE ENOUGH INCOME , DONT NEED ANY HELP!!!IN THIS SHORT PERIOND OF TIME THEY HAVE APPRAISED MY HOME TWO TIMES, WHICH I NOW OWN WELLS FOR..I TRYED TO EXPLAIN TO THEM I AM SELF EMPLOYED AND FOR 3 MONTHS OF THE YEAR I MAKE PRETTY GOOD.. THE REST OF THE YEAR I CAN HARDLY MAKE IT.. THEY REALLY DONT CARE..THEY ARE RUDE RUDE.. DO THEY NOT KNOW ITS PEOPLE LIKE ME THAT HEPLS PAY THERE WAGES!!!!THEY SUCK...
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yahoo
 EntryNo: 901
 Date: Wednesday
01:01 PM
30.09.2009
Mozilla/4.0 (compatible; MSIE 8.0; Windows NT 6.0; Trident/4.0; GTB6; SLCC1; .NET CLR 2.0.50727; MDDS; .NET CLR 3.5.30729; .NET CLR 3.0.30618) Employment Law Advocates
Internet Explorer United States of America
A wage action lawsuit was recently filed and joined by former Wells Fargo employees who worked in the State of California since July, 2005. It alleges unlawful wage practices affecting two types of Wells Fargo employees:

(1) Team Members who accrued vacation but whose vacation carryover was limited to five days per year unless expressly authorized by Wells Fargo management. The lawsuit alleges that this resulted in employees forfeiting vacation they had accrued but not yet used, which is illegal under California law.

(2) Commercial Loan Officers who worked in California but were not paid overtime for working more than eight hours a day or forty hours per week, or who were not provided meal and rest periods as required by state law. The suit alleges that affected Commercial Loan Officers are entitled to unpaid overtime, meal and rest periods, and additional penalties under state and federal law. (Please note: Individuals must file an Opt-In Consent Form to participate in the federal wage claims.)

The wage action is in the United States District Court, Northern District of California. Though this court is located in San Francisco, it includes claims on behalf of employees located throughout the State of California.

State and federal law protects employees who provide information regarding their own or other employees' wage claims. State and federal law also protects employees' right to act collectively and to discuss their wages and working conditions with others.

If you have suffered intimidation, retaliation or any adverse action due to your interest or involvement in this action, please contact plaintiff counsel immediately at info@wellsfargowageaction.co m so we can approach the Court, contact the National Labor Relations Board, or take other appropriate action.

For more information, or to leave feedback, please feel free to visit plaintiff counsel's website for the case: http://wellsfargowageaction. com.

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wellsfargowageaction.com/
 EntryNo: 900
 Date: Wednesday
12:00 AM
30.09.2009
Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10_4_11; en) AppleWebKit/531.9 (KHTML, like Gecko) Version/4.0.3 Safari/531.9 NMitchell
Safari United States of America
A recent letter I sent to Wells Fargo regarding their excessive overdraft fee policy:


Attention: C/O Executive Office
PO Box 4132
Concord, California 94524

CC: Cassie Smith-Challacombe
Branch Manager - 80 S 8th Street Suite 281
Minneapolis, MN 55402

This letter is an effort to communicate how truly dissatisfied I have been as a customer to your bank and my intention to close my account at the end of this week.



Over the course of the last 4 days I have gone from a positive account balance to being charged 16 times and over 525.00 dollars in overdraft fees. Not until after the sum of the chargers were made was I notified that I had insufficient funds. The large amount which I was charged has caused me a great deal of stress financially and emotionally.

I am requesting that these excessive charges be waived.



When making online bill pay purchases with other banks, they instantaneously deduct the amount of the payment from what I have available to spend, which means the payments are automatically reflected in the balance that is displayed online. I was naive to assume Wells Fargo would provide the same convenience to their customers; my actual balance was not calculated which meant I was misled into believing I had more funds then what was being displayed onscreen.



I understand that the account holder bears the responsibility to keep accurate record of their expenses, but it the responsibility of Wells Fargo to act in an ethical manner and not excessively burden their customers w/ outrageous overdraft fees. I calculated that if I had taken out a loan for the amount I was charged in overdraft fees, the interest on the loan would be over 1500%. I would never knowingly apply for or accept a loan under these predatory terms, and I am requesting that these excessive charges be waived. Please contact me at your earliest convenience to resolve this issue.

Signed,

NM

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 EntryNo: 899
 Date: Tuesday
10:55 PM
29.09.2009
Mozilla/5.0 (Windows; U; Windows NT 5.1; en-US; rv:1.9.0.14) Gecko/2009082707 Firefox/3.0.14 (.NET CLR 3.5.30729) Mr. JV (Stroudsburg, Pennsylvania)
Firefox United States of America


During the course of development problems arose between us and the home builder, as a result construction was halted. We explored our options and called upon outside parties to mediate the situation.



We explained to our Account Resolutions representative and his supervisor, in detail, the issues hampering the construction process. Among others, these issues involved hidden cost, product inefficiency, delayed permit approvals and design errors. The costs associated with these issues were significant. We exhausted our life savings on legal fees, rent, storage fees, loss of time at work, penalties and other unexpected costs associated with the home construction. In addition to the monies allocated in the construction fund, on average our expenditures were in the thousands per draw (or phase). Since the loan had already closed (02/29/05), these bills, however unexpected, had to be satisfied before construction could commence.
After Account Resolutions received our report, they informed us that due to the prolonged construction period, our short term construction loan would mature and that we would need an extension to continue. We were told that a $500 fee would accompany each extension. We were overwhelmed with the mounting fees but had no problem complying since we had already invested so much time and effort into the completion of our home.

We resolved all issues with the home builder and construction resumed in (2006). Our home was finally completed 2 years later in June of 2008, wherein we received a certificate of occupancy and the keys to our new home. The dilemma surfaced during this last phase of construction where WFHM was to transition our short term construction loan into the permanent 30 year mortgage we had originally qualified and supplied a substantial down payment towards.

Weeks before the completion of our home, we were informed by our loan officer, that the loan program we originally applied for was no longer available. This was extremely shocking news, however, he told us that he would begin examining other loan programs and see what could be done. He requested that we supply updated personal and financial information such as, bank statement, employer information, retirement funds, etc. Before long credit checks were being performed again and it appeared as if we were restarting the whole application process. Then came the denial letters. Each time we were denied, we would apply for another loan under separate less appealing conditions. Time continued to pass and more frequently we experienced instances where we could not get in touch with our loan officer or his staff, our personal documentation was lost or misplaced and had to be resubmitted (multiple times) and underwriting times were broadened. The excuses were numerous. New loan officers and supposed underwriters were brought into the mix, requesting additional income, monies at closing, surplus savings, etc. The requests were increasingly ridiculous, especially considering that, nothing had changed since our original application. In fact our financial situation had improved in our savings, credit scores and assets.




It is obvious that Wells Fargo has manipulated us into this situation. Even more unscrupulous is that they have taken advantage of us by imposing absurd fees and interest under the guise of preparing for a permanent mortgage, when they had no intent of giving us the mortgage from the beginning. We have been taken advantage of by this giant in the mortgage industry. They lured us into this deal and waited for our point of vulnerability (the closing) then they shamelessly played a cat and mouse game while robbing us of thousands of dollars, pretending they would secure a mortgage for us. Now they are threatening this unethical act of stealing our home from us.
Had WFHM not gotten caught with the sub-prime lending scam, I believe they would have forced us into an extremely high adjustable rate mortgage. Since their scam was exposed, they had no choice but to drag us along and get as much money as they could from us along the way.

I cannot put into words the immense stress this has placed on my family. The entire home construction project was extremely trying. It took a lot of energy, not to mention the thousands of unexpected out-of-pocket expenses we had to invest. To finally have our home completed just to find out that we are victims of a much larger scam by one of the giants in the financial industry.

We have spent countless hours communicating back and forth with WFHM. We have spent hours documenting our communications. We have spent hours searching for mortgages. We have volumes of paperwork chronicling our attempts to get WFHM to honor our original agreement.

I encourage anyone having been placed in similar hardship by Wells Fargo to make your experience known, contact your local, state and federal representatives. It is unconscionable that WFHM can literally rob people without penalty or consequence.


Sincerely,

JV

Stroudsburg, PA

Visitor comments: 1
 EntryNo: 898
 Date: Tuesday
08:56 PM
29.09.2009
Mozilla/5.0 (Windows; U; Windows NT 6.0; en-US; rv:1.9.1.3) Gecko/20090824 Firefox/3.5.3 GTB5 (.NET CLR 3.5.30729) dillpixel
Firefox United States of America
I don't know if this is illegal or not and I don't have the money to find out. I have tried to research it on the net, but I haven't been successful.

Here's the scoop. I inherited a house two years ago that I had been making the payments on for two years. When I put it in my name and my husband's name, we financed it through Wells Fargo. At that time, we took approximately $50,000 out of the house in equity to pay my medical bills. Wells Fargo made out the checks to the creditors and there was no problem. We signed an 18-month lease option to a family that wanted the house and was "waiting for a check." In that time, the value of the house went from $285,000 to approximately $140,000, and the family's income was halved through unemployment. By the time they got out, we could not even rent the house out because the family had started re-modelling already and everything was unfinished. We didn't have the money to get it rentable!

We couldn't afford the payments, so we decided on a short sale, and found a cash buyer right away. Wells Fargo informed us that we would have to sign a $60,000 promissory note for our mortgage insurance company.

We never took out mortgage insurance! They then told us that it was part of our escrow paperwork and was purchased by US in order to "keep the down payment low". There WAS no down payment! There was plenty of equity in the house. We got a realtor to represent us in the short sale, hoping he would be able to get it straightened out. He demanded that Wells Fargo produce the paperwork to prove that we bought mortgage insurance. Then they said THEY bought it three months after the close of escrow along with a "bunch of other houses in a batch". It was one lie after another.

In the time it took to get this information from them (you can imagine!!!) we lost the cash buyer for the short sale. Luckily, we got another one! With cash! This time they said we needed to sign a promissory note for $50,000 or they would foreclose and ruin our credit. They had already ruined our credit within a week of the first attempt at negotiation. Their logic was that we had taken money out of the house for "whatever you did with all that money" and it should be given back, even though THEY made out the checks for the medical bills we paid.

We were told by a Wells Fargo representative that a short sale would help a little towards protecting our credit, though it would "ding" it, but Wells Fargo went to work so fast on ruining our GREAT credit, it wouldn't have mattered. Now there's no cash buyer, and they are going to foreclose.

I feel as though they attempted to extort money from us and our refusal started a virtual credit fire storm. Is this even legal? We did not purchase the insurance and can prove it. We have all documentation, if it makes a difference.

Is it legal for Wells Fargo to purchase insurance on OUR home, then demand that we pay on a promissory note from a third party we have no contract with?

Thank you for reading this and if you have any input, comments or advice, I would so greatly appreciate it.
~ Bonnie

BTW we are in our late fifties with not a chance of a snowball in hell of paying a promissory note for that amount before we die, so what then? It's not enough to take the house, wreck our credit and pull our retirement investment out from under us?

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 EntryNo: 897
 Date: Tuesday
08:33 PM
29.09.2009
Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.1; SV1; .NET CLR 1.1.4322) Dan
Internet Explorer United States of America
I goddam hate Wells Fargo. They are abusive and have no regard for anyone's personal situation. My story started back in 2007 when I got deployed overseas. Prior to getting deployed I had a Wells Fargo Credit Card. I ended up with a balance of $1700. I fell behind on payments a bit but sent them what I could every month. Then I started getting collections calls on my cell/home and at work. This guy Chad started making threats saying things like, we are going to garnish you wages and and you have not made a single payment to us. Then I got mobilized and made enough money to pay off the card because under the Soldiers & Sailor Civil Relief Act they have to lower the interest to at least 6%. Believe me I had a hard time to get them to even do this but they did after a couple of months. I came home from deployment and ended up having to use the card again. Personal situation I got into and I ended up maxing out the card pretty quickly. I was able to make payments for a while but then fell behind again. These guys are calling 12 sometimes 15 times a day and on Sunday's as well. I thought Sunday calls were off limits to them? Guess not. I went to see a CCCS counselor and I am working out a payment plan which Wells Fargo has accepted but I still receive calls and they tell me that that office that my payments go to doesn't work with CCCS and that I still need to pay them directly. One guy even swore at me and said they were going to sue me. When I told him the call was being recorded and that my lawyer was going to countersue he hung up. I didn't get anymore calls for about a month and now they have started again. It's usually from a 515 area code and I also get calls from them from an 800 number. This is getting ridiculous. This is extortion. I know Congress passed that law recently limiting what creditors can do and more protections for the average Joe customer but it doesn't take effect until 2010 or something. So in the meantime credit card companies can just do whatever they feel like. I had a dream last night that the local Wells Fargo office got torched by an angry customer and all the bill collectors inside died a horrible death.
Visitor comments: 1
 EntryNo: 896
 Date: Tuesday
04:42 PM
29.09.2009
Mozilla/4.0 (compatible; MSIE 8.0; Windows NT 5.1; Trident/4.0; .NET CLR 1.1.4322; .NET CLR 2.0.50727; .NET CLR 3.0.4506.2152; .NET CLR 3.5.30729) Butler
Internet Explorer United States of America
-BADWORD-s....no real decision makers will talk with you.

i know some will say it is crying but when you are under water by 34% you would think they would want to help in some way to keep you in the house. Instead they want to charge 4K to refinance.

Jim

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 EntryNo: 895
 Date: Tuesday
02:12 PM
29.09.2009
Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; .NET CLR 2.0.50727; .NET CLR 3.0.04506.30; .NET CLR 3.0.04506.648; .NET CLR 3.0.4506.2152; .NET CLR 3.5.30729) Jane Rydl
Internet Explorer United States of America
Recently Wells Fargo sent us a check in the amount of 4 months mortgage payments along with a foreclosure notice. These 4 payments were made, not only on time, but early, and for $30-$40 over each month.
They claim it was because we didnt sign one of the papers they had sent us regarding loan modification, but we had, and we had already been through that with them and they told us yes, they did have that paper after all. Now, they have us in foreclosure and told us there is nothing we can do to stop it, because we didnt sign that paper!
PLEASE JOIN AN EMAIL CAMPAIGN TO THE WHITE HOUSE ASKING FOR AN INVESTIGATION OF THE CRIMINAL ACTIVITIES GOING ON AT WELLS FARGO BANKS ALL ACROSS AMERICA!!
EMAIL THE WHITE HOUSE ASKING FOR AN INVESTIGATION, ASK EVERYONE ON YOUR CONTACT LIST TO DO THE SAME AND EVERYONE ON THEIR CONTACT LIST,ETC...THESE PEOPLE ARE EVIL, GREEDY, BLOODSUCKERS AND THEY HAVE TO BE STOPPED...NOW!!

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