Homeowners who were under the threat of foreclosure crowded one of the large event rooms at the convention center to meet with government and private officials who were there to assist them in finding alternatives to losing their homes. In sponsoring the event, Scott partnered with U.S. Department of Treasury and the department of Housing and Urban Development to host this second-annual free event which also offered free parking for those taking part.
Looking around the large room filled with tables and chairs, most of which were occupied throughout the day, Scott and Clayton County Commission Chairman Eldrin Bell, who also attended, were pleased with the turnout.
“There is more funding available to homeowners facing foreclosure today than ever before,” Scott said. “However, the tragedy is that so many people just do not know what is available out there to them and this event is designed so that experts and others associated with foreclosure prevention can meet with these people and investigate alternatives.”
Scott explained that more than $340 million in federal aid is available to homeowners fighting foreclosure as well as another $815 million nationwide, the result of a lawsuit settlement against five of the nation’s largest banks.
“This means more than $1 billion in aid is available but many of those facing foreclosure aren’t aware of it,” Scott said. Bell said he was there to stand shoulder to shoulder with Scott and assist Clayton residents in any way possible to remain in their homes.
“Clayton has one of the largest foreclosure rates in the metro area but I am proud to join Congressman Scott in this effort of keeping people in their homes.”
Looking around the area and seeing most every table occupied with homeowners talking to those assembled by Scott who could help them brought smiles Scott and Bell’s face. The chairman encouraged those who may have missed the event to contact his office or that of Mickie Williams with Clayton County Housing “because we don’t want anyone missing the advantages of Congressman Scott’s effort because they knew nothing about it.” Scott said dozens of mortgage experts as well as home lenders and other officials were on hand to meet with homeowners throughout the event as well as representatives of Bank of America, Chase, SunTrust, Welsl Fargo and Citibank.