The head of Wells Fargo Home Mortgage Servicing, Mary Coffin testified before the Subcommittee on Housing Financial Services Committee that the majority of Wells Fargo customers are current on their mortgage payments. 92 % of their mortgage customers are current according to the testimony.
If you are a Wells Fargo customer facing the possibility of foreclosure, please visit their Company web page which provides information on taking steps to avoid foreclosure. They even have it set up where you can go online to request payment help or you can call them at 800-678-7986.
If you are facing or feel like you are about to face a hardship in keeping current on your house payment, give them a call or contact them. Don't wait until it is to late.
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Showing posts with label wells fargo. Show all posts
Showing posts with label wells fargo. Show all posts
Feb 22, 2009
Wells Fargo to delay foreclosures
Wells Fargo announced in a press release this week that it will not be proceeding with foreclosures on loans they own until at least March 13, 2009. The delay is intended to give their customers a chance to find solutions through the President's Homeowner Affordability and Stability Plan.
News release
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News release
Related Florida real estate views:
Government program to help responsible homeowners
Wells Fargo is offering mortgage foreclosure prevention solutions
Judge suggests mediation before foreclosure
Jan 29, 2009
Wells Fargo is offering mortgage foreclosure prevention solutions
Ask a Broker
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:
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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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