8. Why is wells so? • Charge-off • or Deed in Lieu This policy does not apply to: HECM loans, non-credit qualifying streamline refinance transactions, and any FHA loan that receives and accept/approve from an FHA approved (AUS) – unless manually downgraded. Requiring the payoff of the above referenced Settled for less accounts Repossession Bankruptcy • Foreclosure Wells Fargo/Wachovia debts does not render the applicant eligible for WFHM financing. This is a Wells Fargo & Co. rule not FHA If a Wells Fargo/Wachovia debt was included in the bankruptcy, the borrower is not eligible. Wells Fargo & Co. RULE