Homeowners having trouble paying their mortgages will have the chance to meet face to face with their lenders today and Saturday during foreclosure prevention events in Stockton and Modesto.
Federal, state and local government agencies are partnering with lenders, private businesses and nonprofit counseling services to sponsor the events.
Free counseling will be offered, and homeowners will have the chance to negotiate with their lenders to discuss ways to avoid foreclosure.
The sessions are free and open to homeowners from throughout the Northern San Joaquin Valley. Reservations are not needed.
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Homeowners who want to negotiate a loan modification or other mortgage "workout" should attend an event where their lenders will be present.
For homeowners whose lenders are not participating, counseling services will be offered at Saturday's event in Modesto.
Here are the lenders who will attend each event:
Today's Hope Now Homeownership Preservation Forum will be 2 to 8 p.m. at the San Joaquin Fairgrounds, Building 5 and Building 2, 1658 S. Airport Way, Stockton.
There will be 10 mortgage lenders and loan servicing agencies at today's Stockton event to negotiate with borrowers:
- EMC Mortgage
Saturday's No Homeowner Left Behind-Stanislaus foreclosure prevention event, co-sponsored by The Modesto Bee, will be from 8 a.m. to 3 p.m. at the Stanislaus County Agricultural Center, Harvest Hall, 3800 Cornucopia Way, Modesto.
These four lenders will attend Saturday's Modesto event to negotiate with borrowers:
- Wells Fargo
To prepare in advance for negotiations with lenders at Saturday's event, homeowners are encouraged to download and fill out the registration and family budget forms posted at www.modbee.com/housing.
Foreclosure prevention advice from credit counselors and from Freddie Mac also will be offered at Saturday's event, along with workshops on:
- How to avoid lending scams
Another Modesto foreclosure-prevention event, also co-sponsored by The Bee, is scheduled March 29, 9 a.m. to 3 p.m., Modesto Centre Plaza, 1000 K St. Among the lenders attending that event to negotiate with borrowers will be:
- Bank of America
Credit counselors also will attend the March 29 event. For more information, go to www.modbee.com/housing.
Bee staff writer J.N. Sbranti can be reached at firstname.lastname@example.org or 578-2196.