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DALLAS--([ BUSINESS WIRE ])--Wells Fargo & Company (NYSE: WFC) is hosting a free Home Preservation Workshop in Dallas for Wells Fargo Home Mortgage, Wells Fargo Financial, and Wells Fargo Home Equity customers facing financial hardships. Wells Fargo has invited more than 6,000 mortgage customers from North Texas to the free workshop which will be held on Thursday, May 24 from 9 a.m. a" 7 p.m., at the Hyatt Regency Dallas, 300 Reunion Blvd., Dallas, TX 75202. Parking and attendance are free.

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

How to register for Wells Fargoas Dallas Home Preservation Workshop

Walk-ins are welcome, though registration is strongly recommended in order to guarantee the ability to meet one-on-one with a representative. Sign up by Tuesday, May 22, at [ www.wfhmevents.com/leadingthewayhome ]. For more information call 1-800-405-8067.

aAlthough less than 2 percent of owner-occupied loans in our servicing portfolio have resulted in foreclosure sale over the past year, we understand that some of our customers may be going through difficult times during this economic recovery,a said John Gavin, Wells Fargoas regional president for Dallas-Fort Worth. 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 retain their homes.a

This is the second Home Preservation Workshop Wells Fargo has hosted in Dallas. The first was held in August 2011.

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 twelfth scheduled workshop Wells Fargo has hosted in 2012. Wells Fargo has met with more than 34,500 customers at 62 Home Preservation Workshops since Sept. 2009 nationwide.

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

About Wells Fargoas Home Loans Across the Country

• Wells Fargo originates one in every four home loans in the country, and services one of every six.
• In the first quarter of 2012, more than 93 percent of Wells Fargoas mortgage customers remained current on their loan payments.
• From January 2009 through March 2012, the company had 749,806 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 first quarter in 2012, Wells Fargoas delinquency and foreclosure rates remain significantly below the industry average.
• Less than 2 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 6.89 percent of the first mortgage and home equity loans Wells Fargo services were past due or in foreclosure in the first quarter of 2012 compared to an industry average of 10.88 percent.

About Wells Fargo

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 other distribution channels across North America and internationally. With more than 270,000 team members, Wells Fargo serves one in three households in America.In North Texas, Wells Fargo serves customers through 199 banking stores, 15 Wells Fargo Home Mortgage stores, and 10 Wells Fargo Advisors locations. 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.