A special non-profit foreclosure workshop, “Save the Block Party” (www.savetheblockparty.org – official event website) is coming to Prince George’s County, MD on Saturday Sept. 13 from 10:00 a.m. to 6:00 p.m. EST.
The event co-sponsors are the National Community Reinvestment Coalition (http://www.ncrc.org/) and the HOPE NOW Alliance (www.hopenow.com).
This is a unique opportunity for families and homeowners facing foreclosure or late on mortgage payments to meet in-person with professional financial advisors and representatives from the nation’s major lenders. Full details are as follows:
What: “Save the Block Party” Foreclosure Prevention Workshop
Questions and Directions: 1-800-846-0140
When: Saturday, September 13 2008 – 10:00 a.m. to 6:00 p.m. EST
Where: Watkins Regional Park, 301 Watkins Regional Park Drive, Upper Malboro, MD 20774
Lenders: Representatives from most of the nation’s leading lenders
RSVP: First-come, first served – arrive early, space is limited! Suggested early arrival two hours BEFORE the event begins without reservations.
Homeowners who need help, but are unable to attend the event, are encouraged to:
· Contact the HOPE NOW Alliance at 1.888.995.HOPE (4673)
· Contact their lender directly
· Access free information about options and alternatives to foreclosure at www.HomeSafePMI.com
Background:
According to a January 2008 study published by Freddie Mac, fewer than 50 percent of homeowners contact their lender prior to entering foreclosure. PMI Group’s non-profit workshops have successfully helped hundreds of families to keep their homes with specialized mortgage workout programs and unique financial arrangements.
In a casual, sit-down conference with a lender, homeowners can find solutions to foreclosure they often are unaware may be available to them.
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