Mon, Oct 5, 2009
Sussex County to host foreclosure
prevention seminar Oct. 8 in Milford
The Sussex County Department of Community Development & Housing will host a free foreclosure prevention seminar from 3 to 7 p.m., Thursday, Oct. 8, at the Carlisle Fire Company in Milford, for those trying to avoid the loss of their homes.

Delaware continues to experience a high number of foreclosure filings statewide, a trend that began in early 2008.

This past July, Sussex County recorded 149 filings, a one-month record for the county. Officials hope to lower that figure through public education.

Gerry Kelly of the Office of the State Bank Commissioner will discuss the foreclosure timeline in Delaware, various options available to people behind in their mortgage payments and the latest information on programs available to residents.

Foreclosure counselors will also be available to field questions from homeowners.
Lenders also will be on hand to discuss mortgage modifications. There also will be an opportunity to have one-on-one sessions with the specialists after the seminar.

To learn more, call 302-855-7777


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