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Commissioner Hazelle Rogers, The Cities of Lauderdale Lakes and North Lauderdale host a free Homeownership and Foreclosure Prevention Seminar

LAUDERDALE LAKES – The City of Lauderdale Lakes and the City of North Lauderdale through the leadership initiatives of Commissioner Hazelle Rogers will host a free Homeownership Preservation and Foreclosure Prevention Seminar on Saturday, July 26th 2008.

“Today, Florida leads the nation in Foreclosures and the end is nowhere in sight so I felt compelled to do something for the residents of these two cities” stated Commissioner Rogers.

This free foreclosure prevention seminar will take place at the Boyd Anderson High School Auditorium, 3050 NW 41st Street from 10:00am to 2:00pm.

The responsibility for successful foreclosure prevention rests exclusively with the homeowner, but in this very critical economic climate Commissioner Rogers said “I felt that it was incumbent on me as an elected official dedicate to serving my residents that they be provided with an opportunity to be aware and understand the multitude of services and resources available to assist them when facing impending peril”.

In addition to presenting the most up-to-date options available to homeowners facing foreclosure, the forum will include private, one-on-one sessions with HUD approved credit counselors and lenders to help homeowners identify the alternative that best fit their individual situations. A description of the process that will allow homeowners the opportunity of being able to keep their homes is going to be outlined in detail.

There will also be other services outlined such as loss mitigation counseling, reverse mortgages, legal assistance and hurricane-related housing assistance for the Lakes residents of Broward County.

Mayor Jack Brady, who has endorsed Commissioner Rogers in her run for State House Representative for District 94 is very optimistic about this collaboration with Commissioner Rogers and the City of Lauderdale Lakes. Mayor Brady states that “one of the most stressful financial emergencies that persons can face is foreclosure on their homes and this seminar will assist homeowners by providing them with direct contact to the professional experts who can help with financial and emotional crisis”.

The seminar is being sponsored by Broward Housing and Community Development Task Force, the Office of Congressman Alcyee Hastings, The National Association of Real Estate Brokers, The US Department of Housing and Urban Development (HUD), FHA and Freddie Mac and the Congressional Black Caucus Foundation’s with Ownership Wealth (WOW) Program.

Lauderdale Lakes Mayor Samuel Brown who has also endorsed Commissioner Rogers candidacy for State House Representative for District 94 is also very optimistic about this seminar and believes that “this crisis affects everyone of us so it is essential to help those in danger of foreclosure to stay in their homes for the benefit of the individuals, families, neighborhoods and our city as a whole”.

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