Foreclosure Prevention Event Draws Hundreds of Homeowners

January 01, 2010

More than 700 people at risk of losing their homes sought help from local counseling agencies and mortgage servicers during a recent event at St. Louis’ convention center.

The Save Your Home! event was presented by the HOPE Now Alliance in collaboration with the Federal Reserve Bank of St. Louis, NeighborWorks America, the Metro St. Louis Foreclosure Intervention Task Force and KETC Channel 9.

Homeowners behind on their mortgage payments, or who fear they will fall behind, met one-on-one with loan servicers and HUD-certified housing counselors to discuss their options for avoiding foreclosure. Representatives from 15 loan servicers, eight housing counseling agencies and two legal services organizations were on hand to provide advice.

To learn more about the HOPE Now Alliance, visit www.hopenow.com.

Bridges is a regular review of regional community and economic development issues. Views expressed are not necessarily those of the St. Louis Fed or Federal Reserve System.


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