I attended the Foreclosure Prevention Consumer Workshop today which was held at the University of California Riverside Extension.  This event was sponsored by Senator Bob Dutton of the 31^st District, Ms Carrie Lopez Director of the Department of Consumer Affairs and Ms Maria Giuriato, Real Estate Liason for the Department of Real Estate.  There were also representatives from the State Consumer Services Agency, Business Transportation and Housing Department, Freddie Mac, and the Department of Corporations.

I am on a temporary assignment representing a "Major Lender" as a Field Counseling Representative. I am presently counseling borrowers by visiting them personally at their homes.  I was invited to attend this event today by a Manager with Risk Management with this lender.  I was there to observe and assist her in providing loan counseling to borrowers who are having difficulties making their mortgage payments.  The primary goal is to facilitate a solution to prevent existing loan customers from going to foreclosure.  This lender being a primarily a "portfolio lender" has many options and flexibility in assisting troubled loan customers.

There were various lenders in attendance as well as non profit Consumer Credit Management services such as Springboard. Neighborhood Housing Services was also on hand.   I also met representatives from the California Association of Mortgage Brokers specifically Mary Harman and Immediate Past President Jack Williams who were also counseling and assisting borrowers in need at this event.

Jack Williams paid this lender a tremendous compliment in stating that in his experience he has never had a lender call him after obtaining a loan.  "This lender wanted to make sure that I understood the loan. This lender had a representative thoroughly explain the terms of the loan and how it works step by step.  I was impressed; I had never had a lender up to that point, call in order to assure that the borrowers understood all the terms of the loan"

This workshop was well attended by hundreds of borrowers and the organizers did a terrific job of educating them on the many options available to them.  It was a well organized event and we were able to assist those borrowers who attended.

I was informed by Nicole Miadani of the State and Consumer Services Agency that the next local Foreclosure Prevention Consumer Workshop will be in March in the City of San Fernando.

These events are geared towards providing consumers with information to assist them in making informed credit decisions and ways to save there homes from Foreclosure.  They are able to speak directly to loan counselors who represent many of the "Major" lenders in the lending industry.

If you would like more information regarding this upcoming event in San Fernando California  Click here San Fernando Consumer Foreclosure Prevention Workshop.

All views, opinions, observations are strictly my own, unless stated otherwise, and do not reflect the views of Keller Williams VIP Properties.

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