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In this interactive training workshop, attendees will learn key terminology being used in the current mortgage environment. They will learn about the mortgage delinquency cycle, understand how it works and what options are available to homeowners in distress, with special emphasis on the government’s Making Home Affordable initiative. They will also learn what pitfalls to avoid when working with mortgage servicers; how to recognize and avoid scam artists; and where to go for help.
Topics for the day include:
- Key terminology in the mortgage industry
- Understanding the mortgage delinquency cycle and how it works
- What documentation is needed to apply for assistance
- Home retention options
- President Obama’s Making Home Affordable Program
- Liquidation options: What to do when everything else fails
- Resources available
*This session is a non-certificate training that provides an introduction to foreclosure issues and loss mitigation resources.
Merced: August 19, 2009
MCOE ACCESS Resource & Referral Office
1520 W Main Street
Merced, CA 95340
Fresno: August 20, 2009
HUD Regional Office
855 M Street, Suite 970
Bakersfield: August 21, 2009
Mt. Zion Missionary Baptist Church
825 California Ave
Bakersfield, CA 93304
There is no charge, but advanced registration is required. Seating is limited to 50 participants. |
