Wells Fargo Grants FC Moratorium For Atlanta Borrowers

Wells Fargo has placed a moratorium on metro Atlanta foreclosures through Oct. 28, the Atlanta Journal-Constitution reports.

Jay Lawrence, a spokesperson for the company, said no foreclosure sales on Wells Fargo or Wachovia loans will take place until after the company holds its foreclosure prevention workshops for area borrowers Oct. 26-28.

‘And, if we find an option that may work for a customer at the workshop, we'll push back the foreclosure date even further until the option can be fully explored,’ Lawrence told the paper.

SOURCE: Atlanta Journal-Constitution


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