Mayor Tomas Regalado and U.S. Department of Housing and Urban Development (HUD) Southeast Regional Administrator Ed Jennings, Jr., Launch a Consumer Protection Campaign to Empower Homeowners
The campaign entitled Know It. Avoid It. Report It. has as its goal to inform the public and in particular, homeowners who are facing foreclosure, falling behind their mortgage payments, or simply looking for a lower home loan rate or monthly payment not to fall victim to loan modification scammers and to report suspicious activity. A consumer event on loan modification and foreclosure prevention, free and open to the public, will follow the press conference to provide homeowners with foreclosure assistance.
“I invite homeowners who are going through the painful process of foreclosure to come to City Hall and be informed on how not to be a victim of scammers,” said Mayor Regalado. “Representatives from HUD and other consumer agencies will be here to give them a hand and help them find the right solution.”
WHO: City of Miami Mayor Tomás P. Regalado HUD Southeast Regional Administrator Ed Jennings Jr Federal Reserve VP Community and Economic Development Todd Greene HUD Miami Field Office Director Armando Fana HUD Office of Single Family Policy Joel Ibanez Lawyers’ Committee for Civil Rights Under Law Yolanda McGill Homeownership Preservation Foundation Josh Fuhrman
WHAT: Consumer Protection Awareness Campaign to avoid loan modification scams
WHEN: Wednesday, April 20, 2011, 11:00 – 12:00 Noon - Press conference and campaign launch 12:00 – 3:00 p.m. Foreclosure prevention assistance workshop
WHERE: Miami City Hall Chambers, 3500 Pan American Drive, Miami, FL 33133
For more information, contact: Xina Eiland with MAYA for HUD at (703) 785-4358 Xina@MAYAadvertising.com Gloria Shanahan at (305) 520-5030 Gloria.Shanahan@hud.gov