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Citi Road To Recovery Series - First Stop Baltimore*

April 26, 2011 by carolyn marshall, CitiMortgage

Category: CitiMortgage,Foreclosure

Citi and the Maryland Housing Counselor Network Hosts
Mortgage Foreclosure Prevention and Client Assistance Event in Baltimore

 

Citi and the Maryland Housing Counselor Network are hosting a free homeowner assistance event in Baltimore for distressed homeowners:

 

Event Details:

 

Saturday, April 30, 2011 from noon to 7:00 p.m.

 

Sheraton Inner Harbor

300 South Charles Street

Baltimore, MD 21201

410-962-8300

 

CitiMortgage client assistance representatives will consult with homeowners having difficulty making their mortgage payments or facing potential foreclosure to determine what solutions may be open to them. Homeowners whose loans are serviced by other mortgage companies will be able to consult with counselors from the Maryland Housing Counselors Network on the same topics. 

 

Educational presentations will be featured throughout the event on topics including: how the mortgage modification process works; the various assistance programs available to borrowers; and potential alternatives to foreclosure when the homeowner is no longer able or does not wish to remain in the home.

 

There is no cost to attend the event and take-away educational materials for distressed homeowners will also be available free of charge. 

 

Click here to see a list of things items you need to bring if you wish to meet with someone regarding potential solutions.

 

*Cities scheduled for the Road to Recovery Series: Baltimore (April 30), Cleveland (May 9), Atlanta (May 16), Phoenix (May 19), Los Angeles (May 24), Las Vegas May 26), Miami (June 1) and Detroit (June 7) and TBD (June 10) - Dates and locations subject to change - please check back for updates.

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I wish there was something for renters that didn't know the homeowner was going into foreclosure. Especially when you have a rent to own option. You should continue the lease and provide financing to them for the mortgage if the original homeowner is willing to turn it over. If you have someone willing to take over the payments, why not rewrite the loan if the renter can show proper income?

Reply to this comment by Mike on 04/28/2011

Hi Mike. Depending on the loan, there may be a renter program available. I passed along your information to someone that can help, and by now you should have been contacted. If you are not contacted or need additional assistance, please let me know.

Reply to this comment by CitiMortgage on 05/20/2011 in response to Mike

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