"Banker told him to get a job and come back. Duh! he's trying but in mean time what can they do to save there house if bank won't even talk to them." Get a job? Hah. I wonder what this banker might be doing for a living if the government/taxpayers HADN'T loaned HIS employer TARP money..... Your niece and DH might try contacting the Homeownership Preservation Foundation at (888) 995-HOPE (4673). The foundation's counselors are part of "HOPE NOW," an alliance between counseling agents, servicers, investors and other mortgage market participants approved by the U.S. Department of Housing and Urban Development, who provide free foreclosure prevention assistance. Another person I'd recommend is Dave Donhoff, the mortgage guy. He posts here somewhat regularly and is a wealth of information. Perhaps if you address your query to him, he might be able to be of some assistance. Below is a link to some additional information that might be helpful. Its nice of you to help your niece and DH. Best of luck to them. A link that might be useful: Mortgages: Mortgage Foreclosure Timeline for Day 1 through Day 415 Homeowners have several chances to stop the foreclosure process once it's started. Here are the details to help you keep your house. Facing foreclosure? Try a Workout. If you're in trouble with your mortgage, here are steps to take to work out a solution with your lender. 8 Do's and Don'ts for Fighting Foreclosure What to do and what to avoid in order to avert a financial disaster. www.stretcher.com/critical/index.cfm

1st loan specialist (ha-ha) said nope, nothing has changed. supervisor, yea right, probably just a coworker actually admitted it had changed. seems WF was getting fed money for any loans being modified. even the folks with current loans with good payment history like myself. of course i can refi on my own now, and pay all fees. its just the lying that sucks. WF could just say, yes 1 year ago we did have a 1yr waiting period but now the program has changed and you can do it only once. so piss me off with made up stories or tell me the truth.

>>WF is a huge percentage of the jumbo market, around 20% last I read. I would think getting out of that market would be damaging for them (but I guess not if they are doing it). Wouldn't they lose a good percentage of those high net worth banking accounts, investment accounts, etc? The answer is no. They are still charging 18%+ on credit cards, enormous fees for "extras" on checking (its competitor WaMu, for instance, admits it can offer "free" checking because they make so much $$$ off overdraft charges), spreads on corporate loans and investment accounts, etc. In comparison, being a mortgage lender is just part of their 'soup to nuts' market emphasis as a large financial institution. It isn't their sole bread-and-butter. Sheer inertia prevents most people from moving their checking and investment accounts around, and financial institutions know they can count on it. Do I bank with WF? Yup. They have the biggest ATM network in my area, and I live and die on those - I HATE going into a bank. I also have a large number of auto payments set up, which would be a nightmare to try to unravel and move to another bank. Do I have my mortgage with them? Nope, better rates were available from WaMu. Do I have my investment portfolio with them? Are you kidding? Give our family's portfolio to a bank's second-rate investment division? No way! For example, BofA took over US Capital, where some of my (much richer) friends had their portfolios managed. They are EXTREMELY unhappy more than a year later, feel they have really lost the small-firm personal touch, and most of them are starting to look around for other advisors. The notion of keeping all your financial affairs with one bank is passe these days to anyone with financial sophistication. It's like remodeling a kitchen - go with the vendor in each segment that does it better than the competition and has the features you want. The jumbo loan market is actually smaller than we think. It covers a fairly narrow range of homes from the $500K to around $2M or so. RE agents say that homes in the $3M+ range tend to be cash sales; such buyers don't need mortgages.

dreamgarden, thank you. I think that is exactly what I should do. I'm not accepting blame for a bunch of problems created by Wells Fargo. Why couldn't they reply to a dozen or more faxes? Why couldn't they reply to the telephone call? The first error is human. The rest is sloth and/or mismanagement. I am not pleased that the attorney charged so much but I was a few states away during that time. It should have taken only a few minutes of the attorney's time had Wells Fargo acted appropriately with normal business practices.