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January 8, 2010

Wachovia/Wells Fargo borrowers: an event for you

Wells Fargo is putting on a mortgage-help event in Baltimore next week for struggling borrowers, including people with loans from Wachovia, which it acquired about a year ago. Here are the details:

The company says you'll "meet with a Wells Fargo representative who will confidentially discuss your financial concerns and options," including whether you're eligible for a loan modification through the federal Home Affordable Modification Program.

The event is 10 a.m. to 7 p.m. Jan. 11, 12 and 13 -- next Monday through Wednesday -- at the Baltimore Convention Center, One West Pratt Street. Go to level 100, hall F.

You can walk in, but Wells Fargo recommends registering at www.wfhmevents.com/leadingthewayhome by the end of the day today. The registration page notes this, but remember to bring a letter explaining your situation, a list of your assets and expenses, and recent pay stubs, bank statements and tax returns/W2s.

Posted by Jamie Smith Hopkins at 7:00 AM | | Comments (2)
Categories: Mortgages, The foreclosure mess
        

Comments

This is just in response to the lawsuit that was "dismissed". A decision for a loan mod will still take months to be approved. So you bring in your bills and income docs, fill the paper work, and then wait for a decision. The only real benefit is that you hand the docs to them directly instead of mail or fax. This way they can't claim they did not receive them. But don't be surprised if they "mysteriously" lose the application.

This is a joke.... after what Wells Fargo is doing to the family i saw on WBAL TV they should be ashamed of themselves. Foreclosing on a family that did nothing wrong but refinance their house.

WELLS FARGO DOESN'T CARE ABOUT ANYONE BUT WELLS FARGO !!!

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About Jamie Smith Hopkins
Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
Baltimore Sun articles by Jamie
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