The foreclosure prevention workshop takes place from 10 a.m. to 2 p.m. at Bethany Elementary School, 570 Escuela Drive, in Mountain House. Rep. Jerry McNerney, financial counselors and a few mortgage companies will show up to help answer questions about how to keep one’s home in a crippled economy.
Mountain House, a town of 8,000, has been especially hard-hit by the housing crisis, pointed out Jennie Bev, author and spokeswoman for the Mountain House Action Group, a citizen-led committee that is trying to encourage homeowners to attend today’s workshop.
Late last year, an industry analyst group named Mountain House the ZIP code with the highest number of mortgages greater than the value of the homes they represent, Bev said. Many homeowners in the unincorporated San Joaquin County town owe more than twice the value of their home, and as many as 800 more households have stopped paying utilities just to keep up with the mortgage, according to the action group.
People who attend should bring relevant financial documents, McNerney’s office said.
For information, call McNerney’s Stockton office at 476-8552 or go to the action group’s blog at mountainhouseactiongroup.wordpress.com.