Getting approval for California refinance mortage in 2010 is very difficult, even with good credit. If you are a struggling homeowner in California, there is news that Wells Fargo Bank has agreed to modify approximately 2.4 billion dollars worth of home mortgage loans. According to Attorney General Jerry Brown’s office, Wells Fargo will also pay out an estimated $32 million to 12,000+ California borrowers who had such loans
and lost their homes to foreclosure.
See the full story:
Wells Fargo (NYSE: WFC) to Modify $2.4 Billion of Mortgage Loans …
The Wall Street Journal is reporting that Wells Fargo & Co. (WFC) is agreeing to an estimated $2.4 billion is mortgage modifications for California…12/21/2010 7:51
http://www.americanbankingnews.com/2010/12/21/wells-fargo-nyse-wfc-to-modify-2-4-billion-of-mortgage-loans-in-california/
Who Qualifies for a Loan Modification? | Foreclosure Refinance
Homeowners throughout California who are trying to stay in their homes are interested in the loan modification process and want to learn more about California loan modifications. Below are some basic tips on how to recognize whether or … 12/28/2010 17:46
http://www.foreclosure-refinance.net/who-qualifies-for-a-loan-modification/
How Can I Qualify for a Loan Modification?
As many Americans living in California are facing the possibility of falling behind on their mortgage, or even foreclosure, they are looking into how to qualify for a loan modification. California loan modifications can seem like a … 12/24/2010 1:45
http://www.foreclosure-refinance.net/how-can-i-qualify-for-a-loan-modification/
After several exceedingly difficult years for California mortgages and refinance loans, this looks like good news, at least in the short term.
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