Wells Fargo is one of the many lenders that is still participating in the Making Home Affordable Program and offering assistance to their homeowners who are struggling to make their home loan payment. The modification program that has been pressed by the Obama Administration has helped homeowners over the past few months receive some form of financial assistance with their mortgage.
There have been some complaints about lenders and their participation in the modification program, but there have also been increases in the number of modifications made from month to month. Lenders have been accused of not doing all they can to help homeowners that may be struggling to make their mortgage payment.
However, it still being advised that homeowners should contact their lender in order to seek out any mortgage assistance that may be available for their personal financial situation. Getting a modification or a more affordable home loan payment has been very difficult for many homeowners, but the trouble has been worth it for those who have been able to avoid foreclosure.
Various programs that range from modifications to refinancing options are available both from the Making Home Affordable Program and from personal programs directly from lenders. Again, there have been troubles but homeowners do have numerous assistance options available so contacting a mortgage lender is going to be the best way to find out what option or assistance program will fit your personal situation.