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Reaching U Network, Inc. To Kick off their “2012 Financial Empowerment Movement Foreclosure Prevention Workshop” Series

MIAMI -In response to the high number of foreclosures in South Florida, Reaching U Network Inc., will kick off their “2012 Financial Empowerment Movement Foreclosure Prevention” workshop series on Monday, March 19, 2012, at Upper Room Ministries (3800 NW 199th Street, Miami Gardens, FL 33055) from 7pm.

The free workshop is open to the public and will include a panel discussion of how to identify mortgage scams, understanding the foreclosure process, identity theft and homeowners’ rights and home ownership.

The Reaching U Network, Inc. case analysis team will be able to provide one-to one consultations for homeowners facing foreclosure. Attendees are encouraged to bring loan document and other relevant financial information to the workshop. Representatives from Citi-Bank and 1st Priority will also be on hand to answer questions.

“Home foreclosures is a topic that all of us are concerned about especially this election year. We have created a series of workshops that we will be offering to the community to help educate about homeowner’s rights and what options families have if they are faced with foreclosures, states Christopher Edwards, CEO of Reaching U. Network, Inc.

Facts about the foreclosure crisis in South Florida

• “Complaints lodged with state regulators against South Florida financial institutions increased 21% last year despite an improving economy. Miami Herald

• The Florida Legislature gave circuit courts a $9.6 million grant last year with a goal of cutting the backlog by 62 percent within a year — but critics say it has created a “rocket docket” that favors lenders and neglects homeowners’ rights. Miami Herald

• According to RealtyTrac, 1.9 million homes, entered the foreclosure process in 2011 and 2012’s foreclosure rate will be higher than in 2011.

To register for this workshop please email Community Outreach Director, Jimmy Nickerson at [email protected] or call 786.897.2779.

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