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Foreclosure relief at McCormick Place next week

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If you're facing foreclosure or even if you're just begining to feel the heat of a mortgage that you can no longer afford, you may want to check out this mortgage solution event at McCormick Place July 24 - 27th.

Cook County Board President, Todd Stroger has been working with the Neighborhood Assistance Corporation of America since last fall to secure some relief for struggling homeowners. This "Save the Dream" event will allow those homeowners to meet face-to-face with their lenders to restructure their loans and obtain lower interest rates in order to prevent foreclosure - all in the same day. Representatives from each of the participating lenders will be on-hand and homeowners wishing to avoid long lines can register ahead of time.

Keep reading to see participating lenders and requirements...

Participating lenders (not all-inclusive):
• Bank of America
• Home Loan Services (First Franklin)
• Countrywide
• Wilshire
• Chase
• EMC
• Washington Mutual
• Fannie Mae
• Wells Fargo
• America’s Servicing Company (ASC)
• Wachovia
• Saxon
• Litton
• GMAC/Homecomings
• CitiMortgage
• HSBC

Participants should bring the following to this event:
• Proof of current monthly income
• Most recent mortgage statement
• Property tax bill
• Proof of homeowner’s insurance
• Financial hardship letter

For more info, click here.

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