Lenders Offer Further Assistance to Borrowers Impacted by Hurricane Katrina

Recently two lenders announced additional measures being undertaken to assist borrowers in the areas impacted by the recent hurricanes.

Wells Fargo Extends Deferral Period for Mortgage Customers Impacted By Hurricane Katrina
Wells Fargo Continues its Commitment to Helping Gulf Coast Customers

Des Moines, Iowa — December 6, 2005
Wells Fargo announced today that it will make available at least an additional 90 days of deferred payments to its mortgage customers who have been affected and are in need of assistance as a result of Hurricane Katrina. During this deferral period, which comes on the heels of the end of the initial deferral period, Wells Fargo will not assess late fees, file negative credit reports or place collection calls to its customers.

To view the full Press Release please click on the following link:

Wells Fargo Extends Deferral Period for Mortgage Customers Impacted By Hurricane Katrina

New Century Financial Corporation Extends Support to Hurricane Victims

IRVINE, Calif., Dec. 7 /PRNewswire-FirstCall/ -- New Century Financial Corporation (NYSE: NEW), a real estate investment trust (REIT) and parent company of one of the nation's premier full-service mortgage finance companies, today announced the additional relief it is providing to borrowers affected by the recent hurricanes, due to inaccessibility of some affected areas and the delay in the assessment and recovery process.

To view the full Press Release please click on the following link:

New Century Financial Corporation Extends Support to Hurricane Victims

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