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A blog about the economy and the Sacramento-area real estate market.

July 14, 2009
Reminder: big foreclosure prevention event Thursday

One of the biggest foreclosure prevention events yet for struggling homeowners in the Sacramento region will be held Thursday in Sacramento.
The Sacramento Housing and Redevelopment Agency has scheduled a free six-hour event Thursday, July 16, where homeowners behind on payments or threatened with foreclosure can meet one-on-one with representatives of their mortgage lender.

The event runs from 2 p.m. to 8 p.m. at Jose P. Rizal Community Center, 7320 Florin Mall Drive, Sacramento. (Note: address is 7320, not 7230 as mistakenly reported earlier in the paper).

The official flyer with all the details is here.

Lenders will meet with borrowers on a first-come first-served basis to try and start loan modifications or set up repayment plans for eligible customers.

This is very important: The event is only  for those who have primary loans with Fannie Mae, Freddie Mac, JPMorgan Chase, Washington Mutual, EMC, Wells Fargo, Wachovia, ASC, Bank of America, Countrywide, American Mortgage Servicing, Citi, IndyMac, PMI, National City, Aurora and GMAC.

No  child care will be offered. For more information  call 916-440-1399, extension 1226.

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