Free program will offer help to those facing foreclosure
Homeowners at risk of foreclosure are invited to attend a free state-sponsored mortgage assistance program from 10 a.m. to 7 p.m. Thursday in Bridgeport at which lenders will be available for one-on-one discussions about a range of options, including loan modifications and financial assistance.
Attorney General George Jepsen and Banking Commissioner Howard F. Pitkin announced Monday the state's second mortgage-assistance program in the past five months. A previous event held in Hartford, at the behest of Gov. Dannel P. Malloy, attracted well over 1,000 homeowners in November.
The event will be held at Webster Bank Arena, and free parking is available across the street in the Outdoor Surface Lots.
"I encourage any homeowner who is struggling to keep up with their mortgage to take this opportunity to sit down with their lender and explore their options," said Malloy in a statement. "Our hope is that anyone who is at risk of foreclosure will receive the information they need to get back on track."
Jepsen said the recently announced $25 billion settlement with America's five largest loan servicers "will make more refinancing assistance available and ensure better service for their customers in Connecticut." He added that state loan servicers are doing a better job at providing single-point-of-contact help with questions and concerns.
"We hope those in default on their mortgage loans face the problem and come to the event on Thursday," said Pitkin.
He added that anyone who can't attend the event should call the state's Foreclosure Mediation Program hotline at 1 (877) 472-8313.
Banks sending representatives include: Bank of America; Citibank; First Niagara Bank; GMAC Mortgage; HSBC National Bank USA; Indymac/OneWest; JPMorgan Chase & Co.; Ocwen Loan Servicing; People's United Bank; PNC Mortgage; Select Portfolio Servicing, Inc.; Sun Trust Mortgage; U.S. Bank Home Mortgage; Webster Bank; and Wells Fargo Bank.
For more information, go to www.ct.gov/dob/homeowner or call (860) 240-8170.
MOST VIEWED MEDIA
MOST DISCUSSED STORIES