Tomorrow,
the U.S. Department of the Treasury and the Department of Housing and Urban
Development (HUD) will host their 81st free
event for struggling homeowners at the Cobb
Galleria Centre in Atlanta, Georgia, from 1:00-8:00 PM EST. The event will
be the fifth time the agencies visit Atlanta to help homeowners meet
face-to-face with their mortgage company and a HUD-approved housing
counselor. More than 8,000 Atlanta area homeowners have attended one of
the free events to discuss options to avoid foreclosure.
Too
often, struggling homeowners delay reaching out for help until their options
are much more limited. Many times at these events, we meet homeowners who
have been struggling with their mortgage payments for well over a year but are
only now reaching out for the first time. In the video below, Alvina
McHale, former Director of Marketing for Treasury’s Homeownership Preservation
Office, offers advice for struggling homeowners and speaks about the benefits
of attending one of the free mortgage assistance events. Alvina recently retired from Treasury after
nearly 30 years of service. When
she joined
the Homeownership Preservation Office in 2009, Alvina says that her time there
was among the most meaningful and personal in her long government career.
Many
of the nation’s largest mortgage servicers will be in attendance tomorrow to
meet with homeowners including Bank of America, Carrington, Citi Mortgage, GMAC
Mortgage, Homeward Residential (formerly American Home Mortgage Servicing,
Inc.), HSBC, JPMorgan Chase, Nationstar, Ocwen, OneWest, PNC, Select Portfolio
Servicing, Seterus, SunTrust, US Bank and Wells Fargo. Local HUD-approved
housing counseling agencies, Fannie Mae, Freddie Mac and representatives from Home Safe Georgia (Georgia’s
Hardest Hit Fund program) will also be on site.
Additional
homeowner outreach events are already planned in Miami (February 27-28) and Las
Vegas (March 19-20). For more information about these events and other
free resources for homeowners, please visit MakingHomeAffordable.gov.
Andrea Risotto
is the Spokesperson for at the U.S. Department of the Treasury.