Wells Fargo Hosts Workshop for Customers Facing Mortgage Payment Challenges

Customers Encouraged to Attend Pasadena or Irvine Workshops

In response to the continued challenging economy, Wells Fargo will be hosting two local Home Preservation Workshops to help Southern California Wells Fargo or Wachovia customers who may be facing financial hardships. Borrowers will be able to meet face to face with home retention team members in an effort to obtain a loan modification or other home preservation option.

Event 1:	Pasadena Convention Center – Halls A & B
	300 East Green Street, Pasadena
	June 8 – 9, 2011, 9 a.m. to 7 p.m.
Event 2:	Hyatt Regency Irvine – Salons A-B
	17900 Jamboree Road, Irvine
	June 22 – 23, 2011, 9 a.m. to 7 p.m.
	Bilingual representatives will be available to assist borrowers.
REGISTER:	Online at www.wfhmevents.com/leadingthewayhome, or call 1-800-405-8067, M-F, 6 a.m. – 3 p.m., PST.
WHY:	Wells Fargo is making every effort to keep people in their homes through the federal Home Affordable Modification Program (HAMP) and the company’s own modification programs focused on mortgage payment relief.
	As of March 31, Wells Fargo modified 665,000 mortgage loans since the beginning of 2009 – 85 percent were done through Wells Fargo’s own modification programs outside of HAMP.
	Ninety-two percent of Wells Fargo’s mortgage customers remain current on their loan payments and the company’s delinquency and foreclosure rates are three-fourths that of the industry. As a result, fewer than 2 percent of the loans secured by owner-occupied homes and serviced by Wells Fargo proceeded to a foreclosure sale in the last 12 months.

About Wells Fargo

Wells Fargo Home Mortgage is the nation’s leading mortgage lender and services one of every six mortgage loans in the nation. A division of Wells Fargo Bank, N.A., it has a national presence in mortgage stores and banking stores, and also serves the home financing needs of customers nationwide through its call centers, Internet presence and third-party production channels.

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.2 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. With approximately 280,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked No. 19 on Fortune’s 2010 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.

Wells FargoPia Hahn, 213-253-3295 (office) or 213-247-4527 (mobile)
[email protected]

Source: Wells Fargo