FRom and article in the Phoenix Business Journal
Are you a homeowner facing foreclosure but not yet ready to throw in the towel?
If so, consider attending a free, day-long event hosted by the Obama Administration’s Make Home Affordable program and the Hope NOW Alliance. It's scheduled to take place July 19 at the Sheraton Phoenix Downtown Hotel , 340 N. 3rd Street, Phoenix.
The event will offer free, one-on-one counseling for any homeowner who is struggling to make their mortgage payments, but wants to explore all alternatives to foreclosure. Counselors and representatives from multiple nonprofits and mortgage companies -- such as Save Our Home AZ, Bank of America , Chase Bank, Citi Mortgage, U.S. Bank and Wells Fargo -- will also be on site.
Almost 5,700 homeowners in metro Phoenix have received mortgage assistance through several similar events hosted by Obama’s Make Home Affordable Program and the Hope NOW Alliance since 2009, according to program officials.
Both the Obama program and Hope NOW, which is an industry-created alliance by the Financial Services Roundtable, Housing Policy Council and the Mortgage Bankers Association, help struggling homeowners refinance or modify their mortgage payments to make them more affordable and ultimately avoid foreclosure.
Doors open at 1 p.m. and attendees will be served on a first come, first served basis until 8 p.m. Participants are encouraged to bring all necessary mortgage and income documents as well as any hardship letters. A full list of such documents can be found at www.makinghomeaffordable.gov and www.hopenow.com.
Adam Tarr PC
Citywide Real Estate