Wells Offers Options to Storm Victims

Wells Fargo Home Mortgage, Des Moines, Iowa, has announced a mail campaign to give customers affected by last year's Gulf Coast hurricanes a chance to select a repayment option that meets their personal needs.The company said the campaign was prompted by the fact that a second 90-day deferral period is about to expire. Options include a repayment plan, loan modification, a partial claim, or full reinstatement of a customer's loan. Wells Fargo said it is working with Freddie Mac and Fannie Mae "to ensure that an effective approach is taken with these customers." The company said its Consumer Credit Group launched a similar campaign in December to offer repayment options to its home equity customers. Wells Fargo can be found online at http://www.wellsfargo.com.