Mississippi Home Corporation to Host Foreclosure Prevention Workshops Statewide

Counseling Provided for Those in Danger of Foreclosure
Jackson, MS—Mississippians facing foreclosure will have the opportunity to talk to experts and seek help at a series of foreclosure prevention workshops being held statewide at the end of July. The Mississippi Home Corporation (MHC) will host the events in conjunction with various counseling agencies as part of an effort to curb rising foreclosure rates. The events are free and open to the public.

At the workshops, trained counselors will be available to begin the process of foreclosure mitigation. Attendees will be able to take the first step toward addressing their particular problems through free, long-term.

“Timing is critical for families facing foreclosure,” said Ben Mokry, Senior Vice President of Research and Development at MHC. “The worst thing people can do is not act as soon as they become aware of a problem. The longer they wait, the more difficult it becomes to reach a solution,” added Mokry.

Attendees should bring a copy of all correspondence they have had with their lender in order to begin the counseling process immediately. The more information the counselors have, the more options they can explore with attendees.

Marci Ann Bigelow, a housing counselor with Multi-County CSA, Inc. in Meridian, knows what’s at stake when battling foreclosure. “Foreclosure is devastating for homeowners as well as to the communities in which these families live.” She added, “This event will offer homeowners who are delinquent and facing possible foreclosure an opportunity to learn what steps they need to take in order to keep their home.”

As delinquency rates increase statewide, more families face impending foreclosure, so they should know they are not alone. Chris Burford, of Community Credit Counseling Services, Inc., sounded a positive note for those in danger of foreclosure: “There are numerous resources available to consumers to help them catch up on their mortgage.

There is help and hope for Mississippi homeowners!”
The Foreclosure Mitigation Counseling Workshops will be held at the following locations:
•Greenville, MS: Tuesday, July 22 from 4:30 p.m. until 7:30 p.m. at the Buster Brown Community Center, 400 E. Robert Shaw St.
• Meridian, MS: Thursday, July 24 from 4:30 p.m. until 7:30 p.m. at the offices of Multi County CSA, 2900 St. Paul
• Southaven, MS: Tuesday, July 29 from 4:30 p.m. until 7:30 p.m. at the M.R. Davis Public Library, 8889 Northwest Drive
• Jackson, MS: Thursday, July 31 from 4:30 p.m. until 7:30 p.m. at the MS Agriculture and Forestry Museum Masonic Lodge, 1150 Lakeland Drive For more information on the foreclosure prevention workshops, how to contact an approved counseling agency, or for more information about the Mississippi Home Corporation in general, parties should contact MHC directly at 601.718.INFO (4636) or
at www.mshomecorp.com.

The Mississippi Home Corporation was created by the State in 1989 to serve as the State’s Housing Finance Agency. In that capacity, MHC administers the Mortgage Revenue Bond program and the Housing Tax Credit program, among others. MHC’s mission is to enhance Mississippi’s long-term economic viability by financing safe, decent, affordable housing and helping working families build wealth.