Wells Fargo on Wednesday promised that it would begin modifying second mortgages under a new wrinkle in the government's Home Affordable Modification Program.

Wells said it would modify second liens when the corresponding first mortgage also is modified. During a conference call about the banking company's earnings, Chief Financial Officer Howard Atkins said, "We expect to begin offering the second-lien program to customers who have both a Wells Fargo first and second lien in the next couple of weeks."

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