Wells Fargo
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 WELLS FARGO EXACTPOiNT 120 APT 2 CONTROL PANEL US $249.95
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 NEW WELLS FARGO SECURITY CONTROL BOX ACCESS SECURE US $75.00
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 Wells Fargo Security Products 3165 1 Fire Alarm Module US $40.00
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 Wells Fargo Alarm Services Mini Decal NEW Pack of 5 US $12.00
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 WELLS FARGO DELUXE DOOR PROTECTOR MODEL RAS 4 NIB US $5.99
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 RARE WELLS FARGO ALARM SERVICES DECALS SET OF 3 US $4.75
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Wells Fargo Leading The Way
Today's focus is on the subject of a discussion that we had last week with an awesome woman that works over at Wells Fargo, J.K. She is the person in command of short sales, deed in lieu, loss mitigation and REO's at Wells Fargo. We learned a lot in that conversation last week. We would like to share a little of that information with you.
Fannie Mae has a new pilot program that means partial documents will be required if the borrower's fico is below a certain score. Wells Fargo deserves lots of credit for even experimenting with stuff like this. Wells Fargo has gone to Fannie Mae and stated "This is effective for us, let's try it on your loans." And you know that if Fannie Mae is trying it out, Freddie Mac is going to be after that.
Basically, J.K. and her team figured out that if they want less documentation, they could get through loans more swiftly. So, Wells Fargo unleashed this program on the files that they serviced and owned. After seeing success, they have presented it to Fannie Mae.
Wells Fargo is creating more delegated power and less paperwork, in essence speeding up the short sale method. Their pilot program is a 90-day trial program that just began a couple weeks ago. So there is still a lot of time to evaluate its outcome. If the guidelines are loosened up a little bit, the end product could be very positive for banks.
Fewer paperwork and flexible FICO rules would produce more closed short sales. Accepting less funds and fewer paperwork will lead to more short sales being completed. The lender could mitigate loss through the volume of short sales that they close rather than the dollars they get. Tune in tomorrow for more information concerning our talk with J.K. from Wells Fargo.
Get powered up by Kevin and Fred at Short Sale Power Hour by the Short Sale Specialists of Arizona
Wells Fargo?
Does anyone have any thoughts, feelings or comments about Wells Fargo?
Just about their services, customer service, branches...anything. When you think of Wells Fargo, what do you think of?
I worked there for 8 1/2 years and no longer do, I'd like a neutral opinion on the company.
as a ex employee myself and a current customer with my home i say RUN FOREST RUN!!!!!!!!!!!
Villanova 68, Boston U. 43 (The Philadelphia Inquirer)
Villanova defeated Boston University, 68-43, at the Wells Fargo Center on
Tuesday, December 13.
Wells Fargo Flash Mob -- Times Square
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