Foreclosure prevention event draws 850-plus
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."