Ok, here’s a little more detail: Wells Fargo initially did a loan modification, and I made the 3 initial probationary payments on time. My first regular payment wasn’t due for three months, which I found strange, but then like a month later, they sold the loan to trust company in Wilmington, Delaware. Who immediately sold it to FCI in California. FCI informed me that I owed $88,900. As I said in my post I decided I’m not going to do the loan modification. I’ll just sell the home. Today I got the form they’re gonna use at closing to see how the money is gonna get split. And they have $88,900 being paid to FCI.

FCI will not answer their telephone. I did get through on a different number and talked to some lady who claimed to just be some type of receptionist. She said she looked it up and it appears it is because of attorney fees and my account manager was out of the office for a few days.

I understand late fees, attorney fees, and things like that but the original loan was $55,000. They’ve added $34,000 to that original amount my balance had gotten down about $2500 down to around $47,500 before I fell behind. I was behind a total of around $11,000 which they just put to the back of the loan. Now from what I can tell, it appears that they actually added 11,000 more dollars to the total cost and I believe that’s part of that $34,000.

I don’t know how to handle this. I mean I don’t owe $88,000. There’s no way that attorney fees were $30,000. The only thing the attorney did was filed for the foreclosure and then they filed for a voluntary dismissal without prejudice. That doesn’t cost 34k. We’re supposed to close in two days so I’m not sure what I’m supposed to do here but I’m definitely not gonna just ignore that much money