The Real Deal Miami

Wells Fargo, Wachovia invite customers to loan modification workshop

May 20, 2010 10:30AM

The area is on pace for 70,000 foreclosure actions this year

Wells Fargo and Wachovia Bank have invited over 15,000 mortgage
customers to a three-day Miami Beach workshop aimed at helping to work
out loan modifications. Some of the invitees are in foreclosure, others
are more than two months delinquent on their loans, and some homeowners
have already begun working with the banks to modify their mortgages.
Around 1,200 borrowers pre-registered for the event at the Miami Beach
Convention Center. The workshop follows two large-scale South Florida
workshops sponsored by the Neighborhood Assistance Corporation of
America in Miami Beach and West Palm Beach. [Miami Herald]