HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
8.5k Active Trial/Loan Modifications in September for Wells Fargo
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
8.5k Active Trial/Loan Modifications in September for Wells Fargo
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
8.5k Active Trial/Loan Modifications in September for Wells Fargo

December 5, 2012 (Jeff Alan)

Wells Fargo reports that 8,563 active trial or completed loan modifications were started in September bringing the total amount of trial and completed modifications to 812,019 since its mortgage relief efforts began in April 2009.

About 89 percent of those loans, 7,604, were modified through the company’s own loan modification programs while the remaining 11 percent, 959, were modified through the federal government’s Home Affordable Modification Program (HAMP).

Since Wells Fargo’s mortgage relief efforts began in May 2009, about 84 percent of their total active trial and completed loan modifications, 683,357, have been modified through the company’s own loan modification programs while the remaining 16 percent, 128,662, were modified through HAMP.

Wells Fargo’s 8,563 active trial and completed loan modifications in September were 21.1 percent lower than the 10,854 loan modifications in August.

Nearly ninety-three percent of Wells Fargo’s loan customers remained current on their home loans through the second quarter of 2012 with less than two percent of the owner-occupied loans in their mortgage servicing portfolio have resulted in a foreclosure sale over the last year.

According to the latest information released in the Obama Administration’s October Housing Scorecard, out of the top 10 mortgage servicers in the United States, only Bank of America and JPMorgan Chase Bank had exceeded Wells Fargo in the number of active HAMP trial modifications through the end September. Wells Fargo also had the second highest conversion rate with 89 percent of its eligible HAMP trial modifications converting to permanent modifications since August 1, 2010

Bank of America had over fourteen thousand active trial modification through September, while J.P. Morgan Chase Bank had just over twelve thousand.

Since the government’s mortgage relief efforts began in 2009 through the end of September, among the top ten mortgage servicers in the country, the number of active permanent loan modifications completed by Wells Fargo under HAMP has only been surpassed by J.P. Morgan Chase (181,000) and Bank of America (167,000), all three of which make up almost half of all permanent HAMP loan modifications.

Tags: Wells Fargo, trial modification, completed modifications, loan modifications, HAMP, borrowers, Housing Scorecard

Source:
Wells Fargo

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

December 5, 2012 (Jeff Alan)

Wells Fargo reports that 8,563 active trial or completed loan modifications were started in September bringing the total amount of trial and completed modifications to 812,019 since its mortgage relief efforts began in April 2009.

About 89 percent of those loans, 7,604, were modified through the company’s own loan modification programs while the remaining 11 percent, 959, were modified through the federal government’s Home Affordable Modification Program (HAMP).

Since Wells Fargo’s mortgage relief efforts began in May 2009, about 84 percent of their total active trial and completed loan modifications, 683,357, have been modified through the company’s own loan modification programs while the remaining 16 percent, 128,662, were modified through HAMP.

Wells Fargo’s 8,563 active trial and completed loan modifications in September were 21.1 percent lower than the 10,854 loan modifications in August.

Nearly ninety-three percent of Wells Fargo’s loan customers remained current on their home loans through the second quarter of 2012 with less than two percent of the owner-occupied loans in their mortgage servicing portfolio have resulted in a foreclosure sale over the last year.

According to the latest information released in the Obama Administration’s October Housing Scorecard, out of the top 10 mortgage servicers in the United States, only Bank of America and JPMorgan Chase Bank had exceeded Wells Fargo in the number of active HAMP trial modifications through the end September. Wells Fargo also had the second highest conversion rate with 89 percent of its eligible HAMP trial modifications converting to permanent modifications since August 1, 2010

Bank of America had over fourteen thousand active trial modification through September, while J.P. Morgan Chase Bank had just over twelve thousand.

Since the government’s mortgage relief efforts began in 2009 through the end of September, among the top ten mortgage servicers in the country, the number of active permanent loan modifications completed by Wells Fargo under HAMP has only been surpassed by J.P. Morgan Chase (181,000) and Bank of America (167,000), all three of which make up almost half of all permanent HAMP loan modifications.

Tags: Wells Fargo, trial modification, completed modifications, loan modifications, HAMP, borrowers, Housing Scorecard

Source:
Wells Fargo

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

December 5, 2012 (Jeff Alan)

Wells Fargo reports that 8,563 active trial or completed loan modifications were started in September bringing the total amount of trial and completed modifications to 812,019 since its mortgage relief efforts began in April 2009.

About 89 percent of those loans, 7,604, were modified through the company’s own loan modification programs while the remaining 11 percent, 959, were modified through the federal government’s Home Affordable Modification Program (HAMP).

Since Wells Fargo’s mortgage relief efforts began in May 2009, about 84 percent of their total active trial and completed loan modifications, 683,357, have been modified through the company’s own loan modification programs while the remaining 16 percent, 128,662, were modified through HAMP.

Wells Fargo’s 8,563 active trial and completed loan modifications in September were 21.1 percent lower than the 10,854 loan modifications in August.

Nearly ninety-three percent of Wells Fargo’s loan customers remained current on their home loans through the second quarter of 2012 with less than two percent of the owner-occupied loans in their mortgage servicing portfolio have resulted in a foreclosure sale over the last year.

According to the latest information released in the Obama Administration’s October Housing Scorecard, out of the top 10 mortgage servicers in the United States, only Bank of America and JPMorgan Chase Bank had exceeded Wells Fargo in the number of active HAMP trial modifications through the end September. Wells Fargo also had the second highest conversion rate with 89 percent of its eligible HAMP trial modifications converting to permanent modifications since August 1, 2010

Bank of America had over fourteen thousand active trial modification through September, while J.P. Morgan Chase Bank had just over twelve thousand.

Since the government’s mortgage relief efforts began in 2009 through the end of September, among the top ten mortgage servicers in the country, the number of active permanent loan modifications completed by Wells Fargo under HAMP has only been surpassed by J.P. Morgan Chase (181,000) and Bank of America (167,000), all three of which make up almost half of all permanent HAMP loan modifications.

Tags: Wells Fargo, trial modification, completed modifications, loan modifications, HAMP, borrowers, Housing Scorecard

Source:
Wells Fargo

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS