Nearly 300 Attend Foreclosure Prevention Seminar

Senator Mark DeSaulnier (D-Concord) hosted a foreclosure prevention seminar at the Antioch Community Center to provide an opportunity for Contra Costa County homeowners to hear from professionals specializing in loan modifications, legal procedures, and tax liability.

Nearly 300 Contra Costa residents attended the event and received valuable information to avoid foreclosure.

“The number of people that came out on a Saturday afternoon demonstrates how widespread the problem is,” said DeSaulnier. “Too many Contra Costa homeowners are losing their homes through no fault of their own and are desperately fighting to keep them. They need as much help as they can get. I am hopeful that the information they received today will help them preserve the American dream of home ownership.”

Last year, about one for every 95 Contra Costa home owners received a notice of default on their home loan. Nearly 6,000 Contra Costa homes are in foreclosure. In Eastern Contra Costa County alone there are nearly 2,500 homes in foreclosure – one of the highest rates in the nation.

The following people participated in the seminar:
· Senator Mark DeSaulnier, Chair, Senate Transportation and Housing Committee
· Diane Richardson, Director, “Keep Your Home California”, a program of the California Housing Finance Agency
· Jan Lynne Owen, Commissioner, California Department of Corporations
· Maeve Elise Brown, Executive Director, Housing and Economic Rights Advocates
· U.S. Department of Housing and Urban Development approved counselors
· Staff from the Franchise Tax Board
· Representatives of Wells Fargo, Bank of America and Chase will also be available to provide additional information and resources.

Sen. Mark DeSaulnier (D-Concord) represents the Seventh Senate District, which includes most of Contra Costa County, including Antioch.

No Comments so far.

Leave a Reply