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Free Mortgage Help for South Florida borrowers in trouble
If you're in trouble and afraid of losing your home, help is available this week. An influential coalition of lenders and loan servicers is holding a Foreclosure Prevention Campaign in Miami Beach. The event is free and open to anyone in South Florida.
If you go, you can meet a HUD-trained counselor or a representative of any of 23 major mortgage lenders including Bank of America, Wachovia, Wells Fargo, Chase and more.
How often does your lender come to you? Or talk? All I hear about is the difficulty people have getting anyone who can respond to their needs.
I'd say get there early.
When the same coalition held a similar workshop in Atlanta, 3,200 people showed up, according to a spokesperson. They might get twice as many in hard-hit South Florida.
The details:
Free Hope Now Foreclosure Prevention Workshop
Wednesday April 22
Thursday, April 23
2 to 8 p.m.
Miami Beach Convention Center
Lenders who will be there:
American Home Mortgage
Aurora Loan Services
Bank of America
Carrington
Chase
Citi
Countrywide
EMC Mortgage
GMAC/Homecomings
Home Loan Services/First Franklin
HSBC
IndyMac Bank
Litton
National City
Ocwen
Saxon
Select Portfolio
SunTrust Mortgage
Taylor, Bean & Whitaker
Wachovia
Washington Mutual
Wells Fargo
Wilshire
The sponsors:
Hope Now is an industry alliance of mortgage services, investors, counselors and others involved in foreclosure prevention. It supports the Homeownership Preservation Foundation's free hotline to help homeowners, 888-995-Hope or 4673.
.
NeighborWorks America is a network that is involved with more than 230 community development groups.
Harriet Johnson Brackey, the personal finance writer for the Sun-Sentinel, has been an award-winning business...
Comments
Just move out of florida
Posted by: DAS | April 21, 2009 10:59 AM
What people need to understand is that the servicer, a bank like Indymac, is pretty much held hostage by the actual owner of the loan. Most of Indymac's loans are owned by Deutsche Bank who REFUSES to do loan modifications. The only thing this bank will do is FREEZE a arm. The goverment is trying to work on a program to give the actual owner of the note a greater incentive to modify. It really is a shame as the owners of the notes are not gaining anything by letting a home go into foreclosure that was bought during the housing boom and listing it for a 1999 price. It kills the rest of the responsible homeowners who did not buy during 2004-2007.
Posted by: Sandra | April 22, 2009 9:01 AM
If you do face foreclosure...then you can get section 8.
section8program.info
Posted by: Kenny | April 22, 2009 9:49 AM
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Posted by: Grace Lynn | July 31, 2009 2:20 AM