Fast track loan modification event set for Oct. 5 and 6; Fannie Mae counselors to meet with homeowners


Community Housing Innovations has organized a fast-track loan modification event for homeowners facing foreclosure for Oct. 5 and 6 in White Plains. Homeowners with a Bank of America mortgage or Fannie Mae-backed mortgage can speak with loan officers empowered to modify mortgage terms. Appointments are required. Here are the details:

Fannie Mae Counselors to Attend Free Foreclosure Prevention Event for the First Time

WHITE PLAINS, NY. September 14, 2012. For the first time in a Westchester County Fast TrackTM Loan Modification event, counselors from Fannie Mae will be available to meet with homeowners facing foreclosure on Friday and Saturday, October 5th and 6th in White Plains.

The event is part of an innovative program designed by Community Housing Innovations, Inc., a non profit HUD approved Housing Counseling Agency, to facilitate face-to-face meetings between homeowners and their bankers in order to shorten delays in obtaining foreclosure prevention help. The October 5th and 6th event is available free to all homeowners with a Bank of America mortgage, or a Fannie Mae backed mortgage, and enables them to schedule a private one-hour appointment with a loan officer.

Since 2010, the program, called the CHI Fast TrackTM Loan Modification , has enabled nearly two hundred homeowners in default on their mortgage payments to achieve loan modifications that have allowed them to stay in their homes, with rates reduced to as little as two percent. The program is funded by New York State and a private foundation.

According to CHI Executive Director, Alexander Roberts, “An ‘800’ number call center rep is no substitute for being able to sit across the table with a loan officer empowered to write you a loan modification. We’ve been able to negotiate loan modifications that have reduced monthly payments by as much as $1,000 or more.”

One aspect of the program contributing to its success is that homebuyers must meet with a CHI foreclosure prevention counselor prior to the bank appointment. Its purpose is to assist the homeowner in obtaining all of the documentation required by the bank for a loan modification decision. Based on the five previous events, which have attracted about 500 homeowners, 94% felt they had been well prepared by CHI and 80% indicated they had all of the documentation required.

Bank of America and Fannie Mae mortgage holders interested in the free White Plains event may call CHI at 1-877-HUD COUNSELING (1-877-483-2686) You must make an appointment in advance of the event dates to participate.


About Author


  1. Hi there, everything is going perfectly here and ofcourse every one is sharing data,
    that’s in fact excellent, keep up writing.

  2. Spot on with this write-up, I seriously think this amazing site needs a lot more attention.
    I’ll probably be back again to see more, thanks for the info!

  3. Low carb diets are tricky to maintain and usually will lead to us putting the weight back on.
    The appropriate mixture among meals strategy and exercises system will lead
    to the fat burning approach and muscle building (six-pack abs).
    To be successful in this plan, a particular person requirements to place in
    lots of difficult function as it is not a swift repair solution.
    There is so numerous points you want to do to actually lose
    weight, from portion handle, reduce calorie foods, working out far more.
    So neglect the crazy ab machines and routines.You will
    get the thorough details section on diet program and nutrition.
    In case it does not satisfy you, there is usually an option to not order for the rest of the program.
    The basis for the truth about abs plan is the proper combination among meals plan and exercises plan.
    As all of us know, meals plays an necessary element in each and
    every and each and every field.Can it be worth employing?

    Most persons will see some outcomes immediately after eight weeks
    giving you follow the program appropriately which suggests you want to do both the
    meals plan and the workout applications.The first stage for flattening your stomach is to transform your eating plan.
    These are all downloadable from his world-wide-web site, so
    are obtainable speedily following acquire.There are lots of
    folks with the identical query with you.And you’ll get a funds back guarantee in 60 days.