No. of Recommendations: 1
Might they have found a defect in the original paperwork or underwriting, and this is their way of quietly making the problem disappear?

Wells Fargo Bank is numero uno in loan origination. I doubt they're covering anything up.

If the borrower is saving on his monthly payment, and nothing is being added to the principal balance, he should go for it. He can continue to make the payment he's making now, thereby shortening the amortization period to <= what it is now.
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