As you might recall, a few months ago I hosted a workshop on “Foreclosure Prevention” because I was (and am) very concerned about the impact the current mortgage industry is having on the economic stability of our City — particularly the 5th Council District which has the largest number of single family residences in the […]

Jim Veale from Security Lending was kind enough to also speak at the “How to Avoid Foreclosure Workshop” the other evening. Jim spoke about “reverse mortgages” that are available for homeowners age 62 and older.
For the senior who is finding themself strapped for money, the reverse mortgage is an option that they can explore — but […]

Thanks to the great speakers who presented last night at our “How to Avoid Foreclosure Workshop.”
La Verne Duncan of Long Beach Housing Services, Dennis Smith from Stratis Financial and Geoff McIntosh from Main Street Realtors all focused on the importance of being “honest” with your lender if you are facing financial problems and can’t pay your […]