Article Contributed on: 12/20/2007 2:04:24 PM
Lakewood Leaders Host Panel to Help Community Understand Options and Strategies for Foreclosure Prevention
WHAT: Lakewood Leaders invite community members to join them for a panel discussion on foreclosure counseling and prevention, the foreclosure process, and how local officials and real estate professionals can help.
Foreclosure counselors will be present for those seeking assistance.
WHEN: Saturday, January 5th
9:30 AM- 11:30 AM
WHERE: Belmar Public Library
255 Allison Parkway
Lakewood
SPONSORS: Senator Betty Boyd
Representative Gwyn Green
Representative Andy Kerr
Representative Ken Summers
The Colorado Division of Housing
The Colo. Foreclosure Prevention Task Force
WHO'S INVITED: Homeowners, borrowers facing foreclosure, real estate professionals, and anyone seeking information on the foreclosure process and foreclosure prevention.
PANEL DISCUSSION:
What can be done about the high foreclosure rate?
Kathi Williams, Director, Colorado Division of Housing and co-Chair, Colorado Foreclosure Prevention Task Force
Zachary Urban, Director of Housing Counseling, Brothers Redevelopment, Inc.
FACTS ON FORECLOSURES:- In the first 9 months of this year, there were almost as many foreclosed homes as there were during all of 2006.
- Foreclosed homes sold at auction have increased 102% since 2003.
- There were 93% more foreclosures in 2006 than in 2003.