Cummings To Host Foreclosure Prevention Workshop
Congressman brings homeowners, lenders together in an effort to keep Marylanders in their homes
Washington, DC - January 25, 2010 - (RealEstateRama) — Congressman Elijah E. Cummings, (MD-07) will host a Foreclosure Prevention Workshop on Saturday, February 6, 2010, at Woodlawn Senior High School in Gwynn Oak, MD.
The purpose of the workshop is to help people who are delinquent on their mortgages, or facing potential foreclosure get the information and resources they need to secure their homes. The event will also provide assistance to people who are seeking to re-finance their home loans or need a reduction in their current monthly mortgage payment or interest rate. Cummings has already held two of these workshops.
“I hosted my first Foreclosure Prevention Workshop on June 6 of last year,” said Cummings. “It was a tremendous success. We were able to help nearly 1,000 people who were in jeopardy of losing their homes. We helped nearly the same number during the second one. These workshops are unique in that we are able to bring together the lenders and the borrowers to reach solutions on the spot.”
To participate, borrowers must bring copies of the following: a detailed hardship letter; their two most recent paystubs for income verification; their last two monthly bank statements; their 2007 and 2008 tax returns; default letters or late notices from lenders; foreclosure notices or threats; and, a list of monthly household expenses.
Organizers are asking those who are interested in attending to register at: www.house.gov/cummings.
Twenty-eight lenders have been invited to attend the workshop. Attendees will be able to participate in negotiation sessions with these lenders. They will also have access to free legal advice and housing counseling and will be able to attend seminars about strengthening their credit scores and avoiding foreclosure scams.
WHAT: Congressman Elijah E. Cummings’ Foreclosure Prevention Workshop
WHERE: Woodlawn Sr. High School, 1801 Woodlawn Drive, Gwynn Oak, MD
WHEN: Saturday, February 6, 2010 from 9 a.m. to 3 p.m.
WHO: All homeowners who need help are invited to attend
Contact:
Paul Kincaid
202.225.4289 or 202.225.4025
Trudy Perkins
410.685.9199 or 202.225.4641
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Hello,
I was wondering if this was only for people who live in the city?I have tried to get a loan modification from my Mortgage company Vericrest Mortgage Company like three times and they are not willing to help me.I currently have the house on the market,however I would love to keep my house.My mortgage company have submitted the paperwork for foreclosure.I have worked with several non-profit org.but none can help me.Will the companies at your seminar work with all mortgage companies? Thank You