Wells Fargo & Company is hosting a free Home Preservation Workshop for Bay Area Wells Fargo Home Mortgage, Wells Fargo Financial, and Wells Fargo Home Equity customers facing financial hardships. Wells Fargo has invited more than 8,500 mortgage customers to the free workshop which will be held on Wednesday, February 13 from 9 a.m. to 7 p.m., at the Oakland Convention Center – Oakland Marriot East and West Halls located at 1001 Broadway, Oakland. Parking is free.
Homeowners whose loans are “under water” – meaning they owe more on their mortgage than the value of their home – may be eligible to refinance their loan based on criteria including demonstrating ability to repay. Depending on eligibility for a loan modification, homeowners who are behind on their payments may also receive a principal reduction on their mortgage.
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 Monday, February 11 at www.wfhmevents.com/leadingthewayhome or call 1-800-405-8067 for more information.