REAL ESTATE
Lender to meet with troubled homeowners
Wells Fargo will be in town Wednesday to counsel borrowers who are on the edge of foreclosure.
The workshop will run from 9 a.m. to 7 p.m. at the San Diego Convention Center’s Hall E, 111 W. Harbor Drive.
This will be the first of three free workshops in Southern California hosted by Wells Fargo this quarter.
The workshops are open to customers of Wells Fargo Home Mortgage, Wells Fargo Financial, Wachovia Mortgage and Wells Fargo Home Equity. Wells Fargo invited 9,000-plus customers from San Diego and Southwest Riverside counties to attend the first one.
The second workshop will be held Feb. 14-15 at the Ontario Convention Center, 2000 E. Convention Center Way in Ontario, in the Inland Empire. The final workshop is set for mid-March in Los Angeles.
Wells Fargo officials recommend registering, but walkins are OK. Sign up by Monday at wfhmevents.com/leadingthewayhome or call (800) 405-8067.
Week in review
Here’s a roundup of headlines that got people talking:
Tuesday: The big news this week was DataQuick’s latest housing report, which showed home prices are down while sales are up, a recent pattern. When the numbers are sliced, we see that buyers are going after the lowerpriced inventory. DataQuick says the number of homes sold in San Diego for less than $300,000 rose 10.5 from December 2011 to December 2010.
Thursday: The 30-year fixed-rate mortgage hit a new all-time low this week, 3.88 percent, Freddie Mac says.
Also Thursday: U-T San Diego’s rental column is back from winter hiatus. The weekly feature on issues confronting renters and landlords is written by certified property manager Robert Griswold, author of “Property Management for Dummies,” and by attorney Steven R. Kellman, founder of the Tenants Legal Center.
LILY LEUNG • U-T