Mortgage Foreclosure Basics - July 18, 2024

July 18, 2024 12:00PM - 1:00PM

Registration Deadline: July 17, 2024 - 12:00AM

Online via Zoom


Contact: Nancy Latham at lathamn@msu.edu or 586-469-7609

 

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While foreclosure rates have declined somewhat during recent years, the issue is not over. Many households are still facing foreclosure. This webinar will describe the options to keep, sell or let foreclosure happen. National mortgage pre-foreclosure regulations and the timeline from the Consumer Financial Protection Bureau (CFPB) will be explained. Additional topics include the Michigan Foreclosure Timeline, steps in foreclosure prevention, what is in a Workout Package, the impact of foreclosure has on credit reports. We will cover the CARES act and how it affects your mortgage and where to find a HUD certified Housing Counselor and other local resources.
Nancy Latham - MSU Extension Program Instructors specializing in Financial and Homeownership Education

A day or two before the session, you will receive an email with information and a zoom link.  Registration is required for materials. Materials will be emailed to participant prior to session.

COST: FREE

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