Wells Fargo is offering its customers a chance to sit down with a representative from the bank and work on restructuring mortgages. Wells Fargo officials says where possible, borrowers will receive a decision on a workout, loan modification, or other options, on site or shortly following the workshop. Options include Wells Fargo’s own loan modification program and the federal government’s Home Affordable Modification Program (HAMP). We talk with an executive from Wells Fargo about what help will be available at the event.
Joel Sarmiento, Sr VP, Regional Servicing Dir, Wells Fargo Home Mortgage