From: For Media Only [MEDIA_ONLY@LISTSERV.PALMBAYFLORIDA.ORG] on behalf of Yvonne Martinez [martiy@PALMBAYFLORIDA.ORG]
Sent: Monday, August 11, 2008 10:34 AM
To: MEDIA_ONLY@LISTSERV.PALMBAYFLORIDA.ORG
Subject: News Release--City Promotes Home Preservation Event

 CITY OF PALM BAY

NEWS RELEASE

120 Malabar Road, Palm Bay, Florida 32907  321-952-3400 www.palmbayflorida.org

 

Monday, August 11, 2008 10:31 AM

CITY PROMOTES HOME PRESERVATION EVENT

  (Palm Bay)—In a joint effort to promote home preservation in the midst of a national foreclosure crisis, the City of Palm Bay is joining forces with key housing organizations at the state and national level to bring homeowners and lenders together for solutions that preserve home ownership.  The City’s Housing and Neighborhood Services Department announces a free Homeownership Preservation Event offered in Orlando, on Thursday, August 21, 2008 from 2:00 p.m. until 8:00 p.m. at the Orange County Convention Center, North Building, 3rd Floor-Room N320.  The convention Center is located at 9400 Universal Boulevard, Orlando.  Parking is free.

            The HOPE NOW Alliance in partnership with NeighborWorks® America, Fannie Mae, the Florida Governor’s Office, Florida’s HOPE Task Force Chair Lt. Governor Jeff Kottkamp, Congressman Lincoln Diaz-Balart, the Florida Housing Finance Corporation, the Florida Office of Financial Regulation and the City of Palm Bay have joined forces to bring lenders and homeowners together for an opportunity to meet face-to-face to discuss mortgage workout options.   The City of Palm Bay will offer transportation to those in need provided they secure a reservation no later than 5:00 p.m. August 15th by contacting 321-952-3429. 

            HOPE NOW is an alliance among counselors, service providers, investors and other mortgage market participants.  The alliance is designed to maximize outreach efforts to homeowners in distress in order to help them stay in their homes.  The alliance includes over 25 servicers that account for more than 80% of the serviced loans, key industry associations, government sponsored enterprises, insurers, and counseling agencies that have significant capacity to serve borrowers through telephonic and face to face counseling.  Other key supporters include the Department of Housing and Urban Development and Department of Treasury.

            “We want to do what we can to help our residents stay in their homes,” said Glenn Morris, Palm Bay’s Housing and Neighborhood Services Division Administrator.  “What’s happening with the mortgage crisis can devastate a family.  Hopefully this type of intervention can make a difference.”

            For more information please contact the City of Palm Bay Housing and Neighborhood Development offices at 321-952-3429. 

 

 

Yvonne Martinez

Public Information Coordinator

City of Palm Bay

Cell: 321-426-5194

Office: 321-952-3456 ext 4678

 


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CONFIDENTIALITY NOTICE:

The information contained in this email is strictly confidential and prepared solely for the use of the intended recipient(s). The copyright of this communication belongs to the City of Palm Bay. If you are not the intended recipient, please do not read, use, disseminate, distribute or copy this message or attachments.If you have received this message in error, please notify the sender immediately and delete this message. Views expressed in this message are those of the individual sender, and are not necessarily the views of the City of Palm Bay City Council.

DISCLAIMER:

Before opening any attachments, please check them for viruses and defects.The sender does not accept liability for any viruses, errors or omissions in the contents of this message or attachment, which arise as a result of email transmission.