Special to the Pahrump Valley Times
LAS VEGAS — Making Home Affordable and the HOPE NOW Alliance are bringing the nation’s largest mortgage servicers, along with several nonprofit housing counseling organizations, to Las Vegas for two days next week to work one-on-one with struggling homeowners in Nevada.
The event will allow homeowners struggling with their mortgage payments the opportunity to review their options and learn about possible alternatives to foreclosure. This will be the fourth time that Making Home Affordable and HOPE NOW have co-hosted a homeowner event in the Las Vegas area since 2009. The previous three co-sponsored events been attended by more than 4,100 local homeowners.
This free event will be held for two days Tuesday, March 19, 1 p.m. to 8 p.m., and Wednesday, March 20, from 9 a.m. to 3 p.m., at the Paradise Event Center at the Las Vegas Hotel and Casino, 3000 Paradise Road. Homeowners will be seen on a first-come, first-served basis and are encouraged to bring all mortgage documents, income documents, and hardship letters. A full list of the necessary documents can be found at <a href=www.MakingHomeAffordable.gov.
Many of the largest mortgage companies are scheduled to be in attendance including Bank of America, Chase, Citi Mortgage, GMAC Mortgage, Homeward Residential formerly American Home Mortgage Servicing, Inc. , Nationstar, Ocwen, OneWest, PNC, Select Portfolio Servicing, Seterus, US Bank and Wells Fargo.
Additionally, there will be several nonprofit housing counselors from local organizations on-site and representatives from several state agencies.
“While more than 16,000 Las Vegas area homeowners currently have more affordable mortgage payments through the administration’s Making Home Affordable Program, there are other homeowners out there who are still struggling and eligible for help,” said Treasury Chief of Homeownership Preservation, Darius Kingsley. “Far too often, families tell us they were unaware of their options. This event offers homeowners a free opportunity to meet one-on-one with their mortgage servicer and a HUD-approved housing expert to discuss the options available to them based on their individual circumstances.”
“There are thousands of Nevada families struggling with their mortgage payments, due to unemployment, under -, medical hardship or other financial issues, and I encourage all of them to attend this free event. There are many tools available to assist homeowners and this is a unique opportunity to meet face to face with a mortgage servicer or a non-profit housing counselor. Attendees will get good objective advice, and may even go home with an affordable solution that helps them stay in their home for the long term, said Eric Selk, Executive Director of HOPE NOW.
The Making Home Affordable Program was created to help struggling homeowners modify or refinance their mortgage payments to make them more affordable, or transition to more affordable housing to prevent avoidable foreclosures. For more information, go to www.MakingHomeAffordable.gov
HOPE NOW is the industry-created alliance of mortgage servicers, investors, counselors, and other mortgage market participants, brought together by the Financial Services Roundtable, Housing Policy Council and Mortgage Bankers Association, that has developed and is implementing a coordinated plan to help as many homeowners as possible prevent foreclosure and stay in their homes. For more information, go to www.HopeNow.com