Foreclosure prevention event draws 850-plus
At least 850 people turned out to the HUD Homeownership & Foreclosure Prevention Clinic yesterday, held at the Show Place Arena in Upper Marlboro because federal and Prince George's County officials knew it would draw a crowd. The county has been hard-hit by rising foreclosures.
It looked a bit like a job fair, except the people going from booth to booth were seeking help from housing counselors and lenders. Attorneys from Baltimore's Civil Justice were among those answering questions.
Stacey D. Stewart of mortgage financier Fannie Mae told attendees that she is "very troubled and concerned" about the rapid increase in Prince George's County foreclosure numbers. As others encouraged homeowners to get help, she urged them to be wary of companies offering assistance for a price. Nonprofit housing counselors assist for free.
It was a timely warning: While we were inside the arena, someone put flyers on our cars promising to "STOP YOUR FORECLOSURE!!" with the unnamed organization's "PRE-FORECLOSURE BENEFITS PROGRAM."
Sign up for the At Home newsletter 
Comments
It's easy to stop foreclosure - you just pay what you owe. It's easy to pay what you owe - you buy what you can afford.
Posted by: JoJo | March 8, 2008 9:31 AM