Homeowners will have the opportunity to meet directly with lenders and servicers (listed below*) and local nonprofit homeownership consultants. Prior to meeting with their lender, homeownership consultants will evaluate borrowers’ circumstances and help them to understand options that they may have. Lenders and loan servicers will be there to suggest ways to discuss options to alleviate delinquencies and prevent foreclosure.
City of Milwaukee Treasurer Spencer Coggs will be there to discuss property tax delinquencies, and the Metro Milwaukee Foreclosure Mediation Program will also be at the event, to help homeowners.
For best results, homeowners are encouraged to bring mortgage documents with their loan number, pay stubs or other income verification, and hardship letters. Homeowners seeking immediate help in avoiding foreclosure can find free professional help from a nonprofit homeownership consultant by calling the Take Root Milwaukee hotline at 414.921.4149.
About Take Root Milwaukee
Take Root Milwaukee is a consortium that connects people with valuable resources that provide reliable and trustworthy assistance to help them purchase and keep a home. Take Root Milwaukee provides access to free or low-cost, professional and confidential housing consultants and homeownership resources, including helping homeowners understand and manage alternatives to foreclosure. Learn more at www.TakeRootMilwaukee.org.
*These lenders will be on site Thursday, April 28: Associated Bank, BMO Harris Bank, Guaranty Bank, Nationstar Mortgage, Ocwen Financial, US Bank, and Wells Fargo Bank. Even if the homeowner’s lender is not listed, nonprofit counselors can still help!
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