Wells Fargo: Eat a BAG of Dicks!

I just wasted about an hour and a half on the phone with fucking Wells Fargo. What a useless bunch of twats. After calling 4 different numbers, being in 5 different queues and talking to five people, this last guy pretty much sums up why I think the banks can SUCK IT.

Wells Fargo: “…unless your house appraises for $75k, Fannie Mae will not offer you any sort of refinancing. They offer ONLY 125% refinancing and your house would have to appraise at $75k.” [Which means: we are not eligible for any help whatsoever and neither is anyone else whose property is more than 25% underwater. VERY helpful, yah.]

I: “Well, how about I offer you $75k for a house worth $50k and we split the difference?”

WF: “Who eats the $20k?”

I: “Wells Fargo, that’s who! $20k ain’t a pimple on the ass of WF!”

WF: “If we did that for everyone, we’d be out of business in about 4 minutes!”

I: CLICK

O RLY? Wells Fargo and Fannie Mae, who received BILLIONS of bailout money from MY TAXES, can’t afford to help anyone whose house value has dropped more than 25%? OMG. I’ve heard it all, now.

This is why this country is in the shitter. The banks AND Fannie Mae (government) do not give a rat’s ass about the rank and file. And YES, they would rather write off abandoned properties than keep someone in them, which would allow for neighborhoods to come back. But who cares about neighborhoods? Just let the homes be empty so the banks get PAID.

This total and complete disconnect with PEOPLE and NEIGHBORHOODS is the issue. This total and complete disregard for rebuilding is why people (like us) are just saying FUCK IT and walking away. Which is what we’ll end up doing in the end. I will not pay $93k for a house valued at $50-60k. I will not do it. And Wells Fargo/Fannie Mae can just have it the fuck back. Good luck getting your $93k then, assholes. [Maplehurst ended up being worth about $40k, which made it $80k underwater. NOT SORRY we walked. -A ]

What an absolute FARCE. I am seriously dumbfounded by the attitude of that asshole at WF. It’s like WE are the assholes for buying a home in the first place. WTF?

Enjoy your losses, WF. We won’t be here forever and we will NOT pay this mortgage forever. Believe it.

Just damn.

Addendum: I also got turned down by Atlanta Legal Aid cuz we too rich. Riiight. All I got left is talking to some referred lawyer and stop paying. I vote stop paying. The lady at ALA said if we were 6 mo behind on the mortgage, we’d qualify for no less than 6 different plans, but since we’re current, NADA. So currently, you are rewarded for NOT paying rather than trying to work things out. Got it.

This is seriously FUCKED UP.