Mortgage help in Center City

October 6, 2011 9:12:28 AM PDT
With the foreclosure crisis still gripping the country, hundreds of people struggling to keep current on their mortgages got some much needed help in Philadelphia Wednesday.

Wells Fargo Bank hosted a workshop at the Pennsylvania Convention Center offering individual financial advice, and in many cases loan modification, all an effort to help people avoid foreclosure.

The workshop will run again Thursday, from 9am to 7pm for Wells Fargo Bank and Wachovia Bank customers.

Walk-ins are welcome, but registration is strongly recommended in order to guarantee the ability to meet one-on-one with a representative. Sign up by Tuesday, Oct. 3 at For more information call 1-800-405-8067.

Approximately 100 Wells Fargo home retention team members -- including bilingual specialists -- will be on hand at the upcoming workshop to work with customers. 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). Since September 2009, Wells Fargo has met with more than 26,000 customers at the 40 Home Preservation Workshops, held to date. In 2010, Wells Fargo hosted its first Home Preservation Workshop in Philadelphia, where Wells Fargo home retention specialists met one-on-one with more than 500 homeowners facing mortgage payment challenges.

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