Second Liens Still Lurking at Wells Fargo

At March 31, home equity loans to underwater borrowers – or those who owe more on their first and second liens combined than their homes are worth – were equivalent to about half of Tier 1 common.

Wells Fargo extends debt relief to 2nd mortgages. extend mortgage relief to homeowners with second mortgages. Wells Fargo & Co. said Wednesday that it has agreed to modify home-equity loans in.

Welcome and thanks for joining the LoanSafe community! I’m glad to hear the forum has helped you over the past four years! If the lien is still there you would need to contact Wells Fargo and request a "Certificate of Release" for the lien and have it recorded since they have issued the 1099C.

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