Wells Fargo Home Preservation Event

I came across an interesting article at American Banking News about Wells Fargo, that I thought I'd share with you all.  The article states that Wells Fargo now performs THREE modifications for every ONE foreclosure on owner-occupied properties.  In addition, Wells has more than doubled their "Home Retention" staff in 2009 to over 15,000 people.

Yes, we know that big banks, like Wells, still have a LONG WAY to go (no flame wars, please). -  But Wells' commitment to keeping people in their homes was on display here in St. Paul at the RiverCentre on Wednesday and Thursday.  Hundreds of homeowners were able to meet face-to-face with representatives at Wells Fargo to discuss their options for avoiding foreclosure.

The event was EXTREMELY well organized... here's a "behind-the-scenes" picture of the loss mitigation scheduling chart the organizers used:  (Click to enlarge)

The Center's applauds all efforts that large banks like Wells make to openly engage with struggling homeowners, and our counseling network was pleased to be able to participate. 

Here are a few follow-up pictures of some of the Foreclosure Counselors that were on-hand during the event:

(Aliesha Kruck (L), Twin Cities Habitat for Humanity; Rock O'Bannon (R) Minneapolis NHS)

(Celeste Tometz, City of St. Paul PED)

(Dana Snell (L) from the Center speaks with Laura Carroll and Celeste Tometz of the City of St. Paul PED)

One other fun picture I thought I'd add... in the 'waiting lounge', Wells had set up a small movie screen with inflatable chairs for the kids (and grown-ups) to watch movies while they waited:

Are other lenders & servicers interested in hosting similar events? the Center would be pleased to assist.  Contact us for more information.

If you're a struggling homeowner that wasn't able to attend... or don't have a Wells Fargo loan... help is still available!  To find your local Foreclosure Counselor, click here.

Foreclosure Help for Wells Fargo / Wachovia Customers

The Minnesota Home Ownership Center and its network of non-profit Foreclosure Counselors are pleased to have been invited to participate with Wells Fargo Home Mortgage (and Wachovia Mortgage) at a large-scale event that begins tomorrow, February 17th at the RiverCentre in St. Paul.

Homeowners will be able to sit down face-to-face with representatives from Wells Fargo Home Mortgage and Wachovia Mortgage to discuss their options for avoiding foreclosure.  Event planners expect hundreds of struggling homeowners will be helped at the event.

Are you a Wells Fargo or Wachovia Mortgage customer struggling with your mortgage payments? If so, you're invited get the answers:

Event Details:
February 17th and 18th
10:00am - 7:00pm
St. Paul RiverCentre, Grand Ballroom
175 West Kellogg Blvd. St. Paul, MN

Walk-Ins Welcome, but pre-registration is recommended:
www.wfhmevents.com/leadingthewayhome

For an event flyer, click here.

For a map to the RiverCentre, click here.

Representatives from the Minnesota Home Ownership Center will be on hand as well as Foreclosure Counselors from:

• Community Neighborhood Housing Services
• Community Action Partnership of Suburban Hennepin
• Minneapolis Neighborhood Housing Services
• Neighborhood Development Alliance (NeDA)
• Twin Cities Habitat for Humanity
• Washington County Housing & Redevelopment Authority

Unable to attend?  Not a Wells Fargo customer... but struggling with your mortgage?  Don't delay... contact a FREE foreclosure prevention counselor TODAY for advice and options.  To find YOUR local Foreclosure Counselor, click here.

TODAY IS THE DAY - HopeNow Workshop In St. Paul

This is a short post to remind all our readers / subscribers / email recipients that the HopeNow Borrower Workshop is TODAY!

June 4, 2009 2:00 – 8:00 p.m.
(Open House - come at any time!)

St. Paul RiverCentre
175 West Kellogg Boulevard
St. Paul, MN 55102

The event is FREE - and a reduced parking rate of only $3.00 is available at the Smith Avenue Transit CenterParking Ramp, located at intersection of Smith & Kellogg.

For more information, including a complete listing of all lenders/servicers that are participating and a list of additional services offered at the event, click here.

Can't make the event today... but are still struggling with mortgage payments? Click here.