Workshop Helps Boston Homeowners Fight Foreclosure

2008 March 31

Boston homeowners who risk home foreclosure because of mounting mortgage debt will meet face-to-face today with their lenders about qualifying for new loans they can actually afford.

The city-sponsored Homeowner Foreclosure Prevention Workshop will be held from 10 a.m. to 4 p.m. at Madison Park High School in Roxbury, according to the Department of Neighborhood Development (DND).

“Mortgage servicer representatives will be able to meet one-on-one with the owners to determine if they are eligible for a more affordable loan,” said Boston Mayor Thomas M. Menino. “It will be one session, first-come-first serve, so we’re asking them to please come early.”

Representatives from Countrywide Financial, Wells Fargo Home Mortgage, Washington Mutual, CitiMortgage and HomEq Servicing will be available to meet with homeowners about their loans, said DND spokeswoman Lucy A. Warsh.

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