HLC Housing Agenda Blog

Foreclosure Prevention Seminar in Daly City on Thurs. May 15

Foreclosure has been less of an issue in San Mateo County compared to several other Bay Area counties and especially compared to the rest of California. I like to say that’s because San Mateo County outsourced its moderately priced housing across the Bay and even into the Central Valley.

Still, the fact is that foreclosures are up significantly even in San Mateo County, and the northern part of the county is one of the hardest-hit.

So, as part of Affordable Housing Week, HLC is organizing a foreclosure prevention seminar in Daly City on Thursday, May 15. It will be held at the Doelger Senior Center, Room 5, 111 Lake Merced Blvd. from 6:30 to approximately 8:30.

Staff from Project Sentinel, a HUD-approved housing counseling agency and an HLC member, will walk homeowners through what they need to do to stave off dreaded foreclosure. They key is to get help BEFORE it’s too late.

A representative from Wells Fargo, the underwriting sponsor of Affordable Housing Week, will also talk about the process from the lender’s point of view, and offer information and resources for homeowners.

Finally, if you’re in trouble now and can’t wait until May 15, then contact Project Sentinel directly at (888) 324-7468.

You can also try the HOPE Now Alliance, a national alliance whose stated mission is to prevent homeowners from foreclosures and assist borrowers who seek help and guidance. Their number is 888-995-Hope and website is http://hopenow.us.