Hyattsville, MD (PRWEB) June five, 2010
HomeFree-USA (http://www.homefreeusa.org), a HUD-approved, nonprofit homeownership improvement organization, these days announced its newest loan modification event, Mortgage Solutions Now, a two-day session at its national headquarters. Representatives from numerous key mortgage servicers will be present to meet with borrowers getting trouble keeping their mortgage payments.

Dates, instances, place and contact for the HomeFree-USA loan modification occasion:

Friday, June 4 and Saturday, June five
9:00 am 7:00 pm
HomeFree-USA National Headquarters: 3401A East West Hwy. Hyattsville, MD 20782, corner of East West Hwy and Editors Park Dr., across from The Mall at Prince Georges
301-891-8423 http://www.homefreeusa.org
Organizations that will have representatives at the occasion contain:
Fannie Mae
Freddie Mac
Bank of America
GMAC
OneWest
SunTrust
Wells Fargo
Chase
Citibank
Saxon
Participating organizations have sent data and invitations to quite a few borrowers in the Metro DC location, including Fannie Mae who has dispatched 17,000 such communications. WHUR-FM is continuing its public service partnership with Fannie Mae and promoting the occasion. 
Fannie Mae is committed to assist distressed borrowers keep away from foreclosure and discover exercise options, stated Michael T. Hernandez, Vice President, Fannie Mae. Operating with our partners and servicers, we continue to support and participate in borrower events across the nation so that struggling property owners can connect directly and in-individual with the lending specialists who can assist them.

During the occasion, home owners will 1st meet with HomeFree-USA homeownership advisors to discuss monetary/employment status, receive a credit report, and establish a budget that contains a modified and reasonably priced month-to-month loan payment amount. An lawyer will be accessible for legal counsel distinct to homeowner rights and foreclosures. Attendees will then speak to representatives from servicers to submit and discuss modification proposals. Spanish-speaking specialists will be available.

HomeFree-USA will be making use of the HOPE LoanPort on the internet program to procedure borrowers eligible for the Obama Administrations Property Reasonably priced Modification System and other standard modification applications. HOPE LoanPort captures data about borrowers situations and assembles borrowers documents in an online file to overcome difficulties with lost or delayed paperwork that has often stymied loan modification efforts.

In addition, the occasion will raise awareness of the Loan Scam Alert Campaign. The campaign is created to educate home owners about the prevalence of loan modification scams in the marketplace right now. Property owners who have been victims of scams will be in a position to file a complaint.

Prior to their appointments, property owners should total a Loan Modification Data Intake Type and use the Loan Modification Checklist to collect all crucial documents required at their appointments:

Most recent mortgage statement
Spend stubs for the last two months
Bank statements for the final two months
2008 tax return
IRS Form 4506T
Hardship letter (Must contain answers to these inquiries):
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