Wells Fargo Continues to Help Troubled Homeowners

It's nice to see a major mortgage lender working with so many people to help them stay in their homes. If you have a mortgage with Wells Fargo, you may see a mortgage workshop coming to your area very soon.

With all of the troubled homeowners in the nation these days, it’s refreshing to see some lenders trying to do everything they can to at least alleviate some of the stress and frustration that these people are going through with their mortgages. Wells Fargo is one of the leading financial institutions in the country and the company is trying to help as many of its customers as it can. Wells Fargo has been holding seminars and workshops in various parts of the country and one of its latest is being held in southern California next week.

These free workshops are for customers of Wells Fargo Home Mortgage, Wachovia Mortgage, Wells Fargo Financial and Wells Fargo Home Equity. The workshop is going to last for two days to give thousands of invited customers a chance to improve their mortgage situation. It will take place at the Ontario Convention Center Exhibit Hall which is about 90 minutes east of Lo Angeles. It is scheduled to last from 9 a.m. to 7 p.m. on December 8 and 9.

Diana Stauffer, the senior vice president of Wells Fargo Home Mortgage, said that the bank simply wants to help people “stay in their homes.” The company has made great efforts to make this happen over the last couple years and this latest workshop is just another example to “reach out to homeowners who are facing payment challenges and provide answers on the options available for them.”

There are going to be about 200 home retention representatives at the workshop. They will work one-on-one with troubled homeowners to help them explore their options so they can make their mortgage payments easier. All together, these representatives plan to have about 2,000 appointments for the entire weekend. They will work with homeowners on loan modifications and other options. In some cases, homeowners applying for a loan modification may get an answer about qualifying while they are meeting with the Wells Fargo representative. The helpers will explore the government’s Home Affordable Modification Program (HAMP) as well as Wells Fargo’s loan modification program as well.

If you have not been invited or you still haven’t registered for the workshop, some walk-in appointments will be taken. However, Wells Fargo strongly suggests that you register first to guarantee an appointment with a representative. For more information about registering and setting up an appointment, call 1-800-405-8067.

It’s nice to see some big companies working with their clients to help them stay in their homes. Hopefully Wells Fargo will be an example that other lenders will want to follow.

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