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The Federal Reserve Bank of San Francisco
Community Development

Preserving Homeownership - Preserving Communities Roundtables

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Salt Lake City

Roundtable Agenda (PDF)

Most Bay Are Rates of Default and Foreclosure Below State Average
Understanding Homeowners at Risk of Foreclosure in the Bay Area (PDF - 388KB)
Dave Buchholz, Federal Reserve Board
Subprime Mortgage Crisis: Context, Causes, Solutions (PDF - 283KB)
Paul Leonard, Center for Responsible Lending
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Debt Relief Grants for Delinquent Homeowners in California
Money Management International, (MMI) a consumer credit counseling agency, has announced a new $1mm debt relief grant program available in California and Nevada to assist qualified homeowners that have fallen behind in their mortgage payments. The program, known as PHASES (Preserving Homeownership and Savings Education Strategy), consists of a series of counseling sessions, an online education program and the opportunity to receive a grant for up to $5,000 to bring past due mortgage payments and some consumer loan payments current. To participate, homeowners must qualify according to program restrictions. Click here for more information and how to apply. (PDF - 178KB)

California Reinvestment Coalition
Community Housing Development Corporation of North Richmond
Consumer Credit Services
Homeownership Preservation Foundation
Housing and Economic Rights Advocates
Sacramento Home Loan Counseling Center

For more information:

Contact Lena Robinson