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PHOENIX--([ BUSINESS WIRE ])--Wells Fargo & Company (NYSE:WFC) is hosting a free Home Preservation Workshop in Phoenix for Wells Fargo Home Mortgage, Wells Fargo Financial, and Wells Fargo Home Equity customers facing financial hardships. Wells Fargo has invited more than 4,500 mortgage customers in the Phoenix area to the free workshop which will be held on Wednesday, April 25 from 9 a.m. a" 7 p.m., at the Phoenix Convention Center, West Hall 1, 100 North 3^rd St., in Phoenix. Parking and attendance are free.

"Although less than 2 percent of homeowner-occupied loans in our servicing portfolio have resulted in foreclosure sale over the past year, we understand that some of our customers are going through difficult times during this economic recovery"

How to register for Wells Fargoas Phoenix Home Preservation Workshop

Walk-ins are welcome, but registration is strongly recommended in order to guarantee the ability to meet one-on-one with a representative. Sign up by Monday, April 23, at [ www.wfhmevents.com/leadingthewayhome ]. For more information call 1-800-405-8067.

aAlthough less than 2 percent of homeowner-occupied loans in our servicing portfolio have resulted in foreclosure sale over the past year, we understand that some of our customers are going through difficult times during this economic recovery,a said Pam Conboy, Wells Fargo Arizona Regional President. aDuring this free workshop Wells Fargo home mortgage customers, who are faced with payment challenges, will have the opportunity to meet face-to-face with our home preservation specialists to explore the options available to them. Our goal with this event is to help as many people as possible preserve their homes.a This is the fourth Home Preservation Workshop Wells Fargo has hosted in Arizona, and the third in Phoenix over the last three years.

More than 100 Wells Fargo homeretention team members a" including bilingual specialists a" will be on hand at the upcoming workshop to assist customers. Where possible, borrowers will receive a decision on a workout, loan modification, or other options, on site or shortly following the workshop.

Options include Wells Fargoas own loan modification program and the federal governmentas Home Affordable ModificationProgram (HAMP). This will be the eleventh scheduled workshop Wells Fargo will host in 2012. Wells Fargo has met with more than 33,500 customers at 59 Home Preservation Workshops since Sept. 2009 nationwide.

Customers across the country facing mortgage payment difficulties can also call 1-800-678-7986 for more information about potential options to avoid foreclosure.

About Wells Fargoas Home Loans

• Wells Fargo originates one in every four home loans in the country, and services one of every six.
• In the fourth quarter of 2011, more than 92 percent of Wells Fargoas mortgage customers remained current on their loan payments.
• From January 2009 through February 2012, the company had 740,359 active trial and completed modifications. Of those modifications, 84 percent were done through Wells Fargoas own modification programs and 16 percent were through the federal governmentas Home Affordable Modification Program (HAMP).
• As of the fourth quarter in 2011, Wells Fargoas delinquency and foreclosure rates remain significantly below the industry average.
• Less than 2.0 percent of the loans secured by owner-occupied homes and serviced by Wells Fargo resulted in a foreclosure sale in the last 12 months.
• Just 7.96 percent of the first mortgage and home equity loans Wells Fargo services were past due or in foreclosure in the third quarter of 2011 compared to an industry average of 10.88 percent. Wells Fargoas totals are down from a peak of 8.96 percent in the fourth quarter of 2009.

About Wells Fargo

In Arizona, Wells Fargo has 14,000 team members and 261 stores. Wells Fargo & Company (NYSE:WFC) is a nationwide, diversified, community-based financial services company with $1.3 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. With more than 270,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked No. 23 on Fortuneas 2011 rankings of Americaas largest corporations. Wells Fargoas vision is to satisfy all our customersa financial needs and help them succeed financially.