Tuesday, January 27, 2009
The Next Stage
Well, the folks at Wells Fargo just announced a new opportunity in its loan modification program, particularly if you're one of the 478,000 customers of Wachovia, whom they recently took over.If you're facing possible foreclosure or are already in the process that finishes with your home being foreclosed, you can get an extension from Wells to February 28 to work on a "new solution most appropriate for your circumstances". This could be extending the loan term to 40 years, cutting interest rates, or even a reduction in the amount of the loan principal.Call Wells NOW while you have the extra month and change to possibly avoid losing your home to foreclosure!
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