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Monday, December 24, 2012

Wells Fargo Mortgage Foreclosure

The foreclosed properties come under the possession of the bank that has initially lent money to the homeowners for buying the same. These properties are now referred to as REO Properties (Real Estate Owned), which are мейд available for sale in the open market usually in cooperation with a company that specializes in selling these properties. Wells Fargo takes the help of Premium Asset Services (PAS) to sell foreclosed homes and properties.


If you are a buyer interested in buying Wells Fargo REO properties then you should visit the website www.passreo.com to get a view of the current Wells Fargo Mortgage Foreclosure Listings. The offer to purchase a property that you like from the listings can be мейд through listing agent. If your offer is accepted then you will be invited to get a home inspection and complete the sale procedure. If you need financing solutions from Wells Fargo Home Mortgage then you are offered an opportunity to partner with a WFHM mortgage consultant.

Wells Fargo Home Mortgage Foreclosure Department


Wells Fargo Home Mortgage Foreclosure Department works on ways to assist troubled borrowers and those homeowners who are likely to face foreclosures in the event of a mortgage default. Currently, the department has three programs to assist you. These are

  • Project LifeLine: You can stop the foreclosure process for up to 30 days by calling 866-488-2028.
  • Fast Track Subprime ARM Solution: Under this program, a five-year freeze on the introductory interest rate can be sought by eligible homeowners by calling 1-866-398-7556.
  • HOPE NOW Alliance: The homeowners facing foreclosures or higher payments because of adjustable-rate mortgage resets can seek the help from HOPE NOW Alliance.

For further information, Wells Fargo Home Mortgage Foreclosure Department can be contacted. The details are as follows:


Wells Fargo Home Mortgage
P.O. Box 10335
Des Moines, IA 50306-0335

Phone Number: 800-678-7986
Website: https://www.wellsfargo.com/mortgage/

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