Help for homeowners set for March 26

Staff Writer
Aledo Times Record

Advocates and housing counselors from Attorney General Lisa Madigan's office will host "Help for Homeowners" to assist with the loan modification application process on Saturday, March 26, at the Moline Public Library, 3210 41st St., Moline.

Madigan's office will be joined at the event by representatives from the Illinois Department of Financial & Professional Regulation and the Illinois Housing Development Authority.

The Attorney General's office can only assist Illinois residents currently living in their homes. Prior to Saturday's event, homeowners may call the Homeowner Helpline toll-free at 866-544-7151 to request a loan modification application packet and a list of documents they should bring to the event.

Consumers should have the most recent financial information available in order to obtain effective assistance. They should bring the completed loan modification packet, including copies of important financial statements and other documents, with them on Saturday.

Counselors from Attorney General Madigan's office will review documents with homeowners and assist with finalizing the request for a modification. Several lenders will be present, so a consumer may be able to speak to a representative from his or her bank.

The Attorney General's Homeowners Referral Helpline was launched in October 2008 to provide assistance for homeowners experiencing difficulty with their mortgage, facing foreclosure and to those who have been victimized by a foreclosure rescue scam.