In a recent Wells Fargo to Wells Fargo re-finance of my home mortgage the following ripoffs occurred.
1. Double charging of property taxes - I had to go to Town Hall and show that Wells Fargo paid the taxes out of my old escrow account and then also charged for the same taxes when closing the refinance loan.
2. They charged interest on the old loan for 3 additional days after I started paying interest on the new loan.
3. They charged an exorbitant amount for an updated inspection report when they postponed the closing on top of the ridiculous amount charged for the initial inspection report. A total of $875.00.
4. When I received back my escrow on the old loan I found they charged interest for the the days in the month until I closed and they also charged interst for the same days in the month at the closing.
I wonder how many other people they are ripping off that do not have the capility to understand all the charges and reconcile what the proper charges should be.
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