- See more at: http://blogtimenow.com/blogging/automatically-redirect-blogger-blog-another-blog-website/#sthash.Q6qPkwFC.dpuf Comptroller Thompson to Host Bronx Foreclosure Clinic | Bronx News Networkbronx

Tuesday, November 11, 2008

Comptroller Thompson to Host Bronx Foreclosure Clinic

In an effort to help residents of the Bronx remain in their homes and prevent foreclosure, New York City Comptroller William C. Thompson, Jr. will host his “Save Our Homes” initiative at Lehman College, Music Room, 250 Bedford Park Boulevard West, on Saturday, November 15th from 10 AM – 3PM.

The free event will provide homeowners with the opportunity to meet with financial servicers and learn ways to avoid foreclosure. If an attendee’s servicer is not present at the event, the Comptroller’s Office will conduct outreach on behalf of that individual to facilitate communications between the two parties. In addition, trained staffers from the Comptroller’s Office, non-profit groups, and legal service organizations will be on hand to offer advice to attendees.

“We see that more than fifty percent of people who enter foreclosure do so because they do not know where to turn,” Thompson said. “By bringing people face-to-face with financial servicers, we can create a dialogue between the parties and bring everybody one step closer to a solution.”

Bring your mortgage loan documents to meet one-on-one with the mortgage lender/servicer. Also bring any recent correspondence from your lender/servicer, as well as relevant information pertaining to any hardship that led to the default. Participating lenders include:

  • American Home Mortgage Servicing, Inc. (formerly Option One)
  • Chase (Encore Credit Corp. & EMC Mortgage Corp.)
  • Goldman Sachs (Avelo Mortage, Litton Loan Servicing, Freemont Investment & Loan)
  • GMAC, LLC (Homecomings Financial)
  • Morgan Stanley (Saxon Mortgage Services, Inc.)
  • Ocwen
  • Wells Fargo (America's Servicing Company)
Last month, the Comptroller released a revised job-loss forecast which stated that New York City could lose more than 165,000 jobs over the next two years. In addition, recent reports indicate that more families are becoming homeless as they face economic pressure and struggle with foreclosure.

“It is imperative that we provide the necessary financial assistance to those who need it,” Thompson said. “I encourage all to attend this event. Whether you are facing foreclosure or not, the services available are for everyone’s benefit.”

This is the third foreclosure clinic Thompson has held in recent weeks. Others were held in Queens and Staten Island. So far, hundreds of New Yorkers have taken advantage of the services provided by the Comptroller’s Office.

For more information, call 212-669-3089 or check out the brochure.


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