WASHINGTON – Senator Chuck Grassley today announced that his office is hosting a free foreclosure prevention and mortgage assistance fair in Des Moines. The event will take place on June 28 from 9 a.m. to 2 p.m. in the Walnut Center at the Iowa State Fairgrounds. Parking is available west of the Walnut Center.
“The dream of home ownership is being threatened by increasing foreclosure rates. One of the most productive ways to keep families in their homes is to have dialogue between the homeowner and the lender,” Grassley said. “A lot of good can come out of simply talking to lenders and counselors. This fair will provide Iowans the opportunity to sit down with experts who can work through issues and help avoid foreclosure.”
Grassley’s office is bringing together several organizations to assist homeowners. He has invited more than 35 lenders as well as mortgage and credit counselors from the Des Moines area who will be on hand to answer questions. Grassley has also secured the participation of the Department of Housing and Urban Development and the Iowa Home Ownership Education Project in conjunction with Iowa Mediation Services will both participate.
As lenders, counselors and other organizations confirm their participation in the event, Grassley will update his website, http://grassley.senate.gov.
“Home ownership in the United States is at record levels. At the same time, many face serious financial difficulties because of increased mortgage payments and the reality of defaulting and losing their home all together,” Grassley said. “I hope people will take advantage of the experts who will be available at this fair.”