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Has anyone had success with a principle reduction in California with Wells Fargo home mortgage?I am being?

reviewed for a modification and was wondering if a principle reduction would be available with Wells Fargo? Or what service did they use to complete the principle reduction. Thanks.


Who is your investor? Fannie Mae is the only investor that I am aware of that is currently allowing principle forgiveness, but of course you would have to qualify. As someone else stated, under Hamp, you can be given a Princple Forebearance or Setaside.