| 12:00 pm - 1:00 pm | Norwood Room

Foreclosure Prevention Initiative - Follow-Up Meeting

Meet about progress and next steps.

Foreclosures of home mortgages are becoming more prevalent in the Richmond area, causing tremendous distress among families of all income levels. Job layoffs, unfair mortgage lending practices, internal chaos at mortgage lenders and servicers and scams in the guise of foreclosure rescue have combined to cause this very serious and unprecedented crisis.  Many homeowners have not sought foreclosure rescue assistance soon enough because they have not known where to turn for help.  In some cases, they have been too proud to seek advice and help.

St. Paul’s Outreach convened a group of parishioners and community resource providers on December 6, 2008 to assess the growing problem in Richmond, informed by experiences in Florida where there has been a growing wave of foreclosures for several months. This group plans to meet regularly, the next meeting being January 7 at Noon.

A list of experienced resources, including our downtown neighbors Housing Opportunities Made Equal (HOME) and the Central Virginia Legal Aid Society, is being compiled.  We will seek the participation of other faith communities in an area-wide effort to communicate the seriousness of the problem and the availability of resources that can help to prevent foreclosure if at all possible. If you or a friend need help of this type, please contact Wallace or Kate, who will be able to guide you using our list of resources.

If you are interested in helping the foreclosure prevention efforts and would like to participate in the group on January 7, please contact Betsy Carr, .(JavaScript must be enabled to view this email address) or 643-3589, ext. 5415.