""Wells Fargo"":http://www.wellsfargo.com will provide one-on-one consultation sessions for customers facing financial hardships January 25 and 26 in Brooklyn. Thousands of area homeowners are invited to the event, which will focus on avoiding foreclosure.
[IMAGE] ""Wells Fargo is committed to helping people stay in their homes,"" said Joe Kirk, Wells Fargo's New York and Connecticut regional president. ""This workshop is another example of our efforts to reach out to homeowners facing payment challenges and provide answers on the options available for them.""
More than 100 home retention team members will be available to confidentially discuss customers' financial situations and potential options. Customers can also learn if they are eligible for government-sponsored programs like the Home Affordable Modification Program (HAMP).
In the third quarter of 2010, approximately 92 percent of Wells Fargo's mortgage customers remained current on their loan payments.
According to _Inside Mortgage Finance_, the company's delinquency and foreclosure rates were three-fourths that of the industry, and less 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.
Customers of Wells Fargo Home Mortgage, Wells Fargo Financial, Wachovia Mortgage, and Wells Fargo Home Equity facing financial hardships can ""schedule appointments"":https://www.wfhmconsumerevents.com/aspx/splash/ltwh_selection1.aspx to meet with home retention team members at the New York Marriott at Brooklyn Bridge. Bilingual representatives are available to assist customers during the event.