More than 750 Homeowners Benefit from Free Foreclosure Counseling and Mortgage Assistance at Multi-Agency Foreclosure Fair

September 18, 2009 – (RealEstateRama) — Homeowners were invited to attend a free, comprehensive Foreclosure Counseling Fair on Saturday, September 12, to learn about foreclosure prevention and homeownership preservation. The event took place at Jordan High School on Atlantic Avenue near Artesia Boulevard in North Long Beach from 10:00 am to 3:00 pm. Registration began at 9:00 am; however, homeowners started lining up at 7:30 am.

The City of Long Beach, The Long Beach Housing Development Company (LBHDC), Los Angeles Neighborhood Housing Services (LANHS), and L.A. County NeighborWorks Center for Foreclosure Solutions jointly sponsored the event. Lenders on hand to assist homeowners with their specific mortgage issues included Chase, Wells Fargo, Bank of America, Citigroup, GMAC, Freddie Mac and IndyMac.

The Los Angeles County NeighborWorks Center for Foreclosure Solutions was established to help families who face losing their homes. The Center is a professional coalition of housing, legal, financial and community organizations working together to find solutions to the growing problem of foreclosures.

The foreclosure fair represented one of the most effective outreach and service delivery strategies employed by LA NHS and its partners. These foreclosure prevention events, held several times a month, are a means to efficiently provide counseling and loss mitigation services to a large quantity of homeowners at one time.

Participants were asked to bring a copy of a recent mortgage statement and their monthly budget. HUD-certified counseling agencies and legal professionals all offered on-site assistance and information on viable options regarding foreclosure prevention assistance. Presentations were conducted on topics including the foreclosure process and fraud prevention.

With over 1,750 in attendance, lenders were able to assist 768 households with their mortgages.

For more information, please call LANHS at 888.895.2647, e-mail counseling (at) lanhs (dot) org or visit www.lanhs.org.

Contact : LaVerne Duncan 562.570.3824
LaVerne_Duncan (at) longbeach (dot) gov