Mortgage Late?

Mortgage Matters will return in September!

With the rising costs of just about everything, more and more people are worried about paying their mortgage. If you’re one of them, Mortgage Matters could help. It’s a free community workshop presented by the Baltimore Homeownership Preservation Coalition and sponsored by Baltimore Housing. The summer sessions are over, but soon we will be posting dates for fall 2008.

At Mortgage Matters, you’ll get the straight story from non-profit housing counselors who are trained to help homeowners understand their mortgages and get out of trouble. Find out what to do if you’ve already missed a mortgage payment or think you might fall behind. Learn where to go – and not go – for free advice, and what you need to bring when you see a housing counselor. Hear how you can improve your chances for avoiding foreclosure and what to do if foreclosure seems inevitable.

Workshops will take place at different locations in Baltimore City throughout the fall. We will post an updated workshop schedule by early September! If you have questions please call 410-727-0169, ext.1802.


News & Updates

2/2008

Final Report from TRF on Mortgage Foreclosure Filings in Maryland

The United States Joint Economic Committee recently estimated that 15% of subprime mortgages currently in Maryland  will go into foreclosure before the end of 2009, causing a $2.73 billion loss in property related wealth to Maryland residents and a $19.1 million loss in property tax.

This report from The Reinvestment Fund takes a comprehensive look at mortgage originations, foreclosures, and delinquencies throughout Maryland.

[Executive Summary]

[Full Report}

1/2008

Foreclosure Solutions Forum a Success!

 

On January 7, close to 200 people attended the Foreclosure Solutions Forum in Annapolis. Housing counselors, realtors, bankers, government officials, and advocates learned about subprime lending and foreclosure trends in Maryland and debated short and long-term solutions to the crisis.

The Baltimore Coalition also kicked off its Public Education Campaign to reduce foreclosures in Baltimore City.

Forum Materials

[Participants List]

[Baltimore Sun Article]

[Photo Slideshow on Flickr]

Baltimore Public Education Campaign

[Press Release]

[Billboard]

[Newspaper Advertisement]

[Examiner Article]

[Baltimore Business Journal Article]

[News & Updates Archive]

About Us

The Baltimore Homeownership Preservation Coalition formed to address the high number of home foreclosures in the city. The aim of this effort is to help families stay in their homes, which also strengthens the neighborhoods in which they live. [More]