Consumer complaint received 2015-12-19
Company: WELLS FARGO & COMPANY
State: CA
Product: Mortgage
Sub-product: Home equity loan or line of credit
Issue: Loan modification,collection,foreclosure

Complaint:
I had appealed the denial of my loan modification with additional documentation requests, and on XXXX XXXX, 2015 Wells Fargo Bank denied my loan modification appeal, while simultaneously requesting an extension of time to comply with my QWR and TILA demands to produce additional documentation. See the attached XXXX letters from Wells Fargo Bank XXXX dated XXXX XXXX, 2015. The first letter denies my loan modification appeal, and the XXXX letter requests an extension of time to respond to my document demands pursuant to QWR and TILA. The documents requested in my QWR and TILA demands were 100 % necessary for my loan modification appeal to be properly considered, and Wells Fargo Bank has without explanation sent out another boilerplate loan modification denial letter without providing or even considering the merits of the loan modification appeal. 
Wells Fargo Bank is attempting to collect a debt in violation of XXXX TILA and RESPA, in accordance with Section XXXX ( f ) of the Truth-in-Lending Act, XXXX U.S.C. Section XXXX ( f ), and the Real Estate Settlement Procedures Act, XXXX U.S.C. XXXX ( XXXX ) and FDCPA pursuant to XXXX U.S.C. XXXX to XXXX. ( See Attached QWR and TILA Demands to Wells Fargo Bank , N.A . ) This sham appeal process must be reviewed by the CFPB as Wells Fargo Bank has throughout the loan modification process acted in bad faith and Wells Fargo Bank must be able prove the following in order to even consider a loan modification request : If my original transaction was not posted as a balance sheet item on the books of Wells Fargo Bank then that means that it was n't a loan by Wells Fargo Bank. If my loan shows up as being posted as an income statement item then that shows that the Wells Fargo was a fee based servicer acting as " pretender lender ''. Hence the note and mortgage were procured under false pretenses and contrary to the federal and state requirements of disclosure as to who was getting paid what money to lure the borrower into a signing a document that was not a valid note but was going to be used in multiple fraudulent transactions. 
( See attached letter and affidavit from XXXX whereby he is explaining that Wells Fargo Bank is failing to comply with Generally Accepted Accounting principles XXXX for my loan ) Wells Fargo Bank has altered my deed of trust in order to conceal the sale and transfer of my loan and they do so to fraudulently foreclose upon my property. ( See attached declaration from XXXX document examiner XXXX XXXX XXXX explaining that Wells Fargo Bank has produced XXXX different versions of my deed of trust and this is done to conceal the sale of my note and deed of trust. 
Wells Fargo Bank must comply with my already served TILA and RESPA demands in order for me to effectively appeal the denial of my loan modification request as Wells Fargo Bank has issued a boilerplate " Proprietary Step Rate Modification '' denial letter without any details from which to understand the basis of their said denial, nor do they provide any documentation to validate that Wells Fargo Bank , N.A . actually owns the debt. Specifically, I am in dispute as to the identity of the true owner of this debt ( if any ) Wells Fargo Bank 's authority and capacity ( if any ) to collect on behalf of the same. I am also in dispute about the proper application of payments from the debtor to interest, principal, escrow advances and expenses ( in that order of priority as provided for in the loan instruments ) ; about Wells Fargo Bank 's use of automatically triggered property inspections and broker price opinion charges and fees based on undisclosed accounting for purported arrears ; and about legal fees and expenses that have been attached to my account but that have not been otherwise explained, disclosed, or established to myself. To independently validate this debt, I need to conduct a complete exam, audit, and accounting of this loan.

Company public response: Company chooses not to provide a public response
Company response to consumer: Closed with non-monetary relief