Community Corner
Wells Fargo Home Preservation Workshop at Prudential Center Sept. 12
Wells Fargo is inviting thousands of New Jersey-area mortgage customers facing mortgage payment challenges to two upcoming area Home Preservation Workshops (HPW)
where attendees will receive one-on-one counseling from home preservation
specialists.
The Newark workshop, which is the 100th
large scale workshop Wells Fargo has hosted since 2009, will be held September
12 from 9 a.m. to 7 p.m. at the Prudential Center, 25 Lafayette Street, Newark,
NJ 07102.
The Brooklyn workshop is being held September 10
from 9 a.m. to 7 p.m. at the New York Marriott Brooklyn Bridge at 333 Adams
Street, Brooklyn, N.Y. for customers living in a 100-mile radius of the venue.
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). About 75 Wells Fargo
home preservation specialist team members, including bilingual specialists,
will be on-hand at the HPWs to assist customers. Homeowners whose loans
are “underwater” (meaning they owe more on their mortgage than the value of
their home) may be eligible to refinance their loan based on certain criteria,
including demonstrating ability to repay. Local non-profit credit
counseling agencies will also be on-site to provide assistance to homeowners
who have credit challenges that extend beyond their mortgage payments.
How to register for New York/New Jersey-area HPWs
Walk-ins are welcome although registration is strongly recommended in order to
guarantee the ability to meet one-on-one with a representative. Customers
should register by Tuesday, September 10 for the Newark Home Preservation
Workshop, at www.wfhmevents.com/leadingthewayhome or call 1-800-405-8067 for more information. The web site
includes a full list of items attendees will need to bring such as photo IDs;
mortgage statements; letters explaining their situations; a list of all assets
and expenses; recent paystubs; W-2s; and complete tax returns. Please
visit the web site for the full list.
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Customers facing mortgage payment
difficulties also can call 1-800-678-7986 for more information about potential
options to avoid foreclosure.
