Homeowners in foreclosure and those at risk of foreclosure can learn about loan modification programs and other assistance from 11 a.m. to 7 p.m. April 12 in Hempstead, according to the state Department of Financial Services.
The department’s mortgage foreclosure prevention specialists will staff a mobile command center at the Home Depot Shopping Center at 150 Fulton Ave.
The specialists will assess where homeowners are in the pre-foreclosure or foreclosure process, and provide information about loan modification programs and ways to file complaints about abusive practices by lenders and mortgage services. Homeowners should bring any relevant documents, such as records of mortgage payments or letters from lenders or mortgage servicers.
Homeowners should beware of mortgage rescue scams by private businesses, which may improperly demand upfront fees, collect homeowners’ mortgage payments or ask them to sign over their home’s deed, says Benjamin Lawsky, superintendent of financial services. Nonprofit housing counselors can help homeowners negotiate with lenders at no charge, he says.
“Our objective is to provide direct help to homeowners and get the word out to others that it’s important to ask for help as quickly as possible. The longer a homeowner waits, the harder it may be to save a home,” Lawsky said.
The department launched its foreclosure prevention initiative in February. It has held similar events in Lindenhurst, Brentwood and Massapequa.
Homeowners may file complaints using the department’s website. For more information, call the department’s foreclosure hotline at 800-269-0990 or 518-457-1654 between 8:30 a.m. and 4:30 p.m. Monday through Friday.