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In a recent press release, Wells Fargo announced that the merger of Wells Fargo and Wachovia has opened the door for Wachovia mortgage customers to take advantage of the available solutions designed to prevent foreclosure.
Programs designed to help the consumer include; mortgage extension to up to 40 years, reducing interest rates, charge no interest on a portion of the principal for a specific period of time and in some cases, principal reductions.
Related Florida real estate views:
Florida cracking down on deceptive foreclosure rescue companies
How you might avoid foreclosure
Florida foreclosure prevention counseling receives support
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