by Mayra Barrios
SACRAMENTO, CA -The Federal National Mortgage Association known as Fannie Mae partnered with the non-profit organization NeighborWorks on Thursday, September 8, 2011 at 10 Am for an open house gathering of a new Mortgage Help Center in Sacramento to help struggling homeowners throughout the San Joaquin Valley.
After the success of the nearest center in Los Angeles, the Sacramento center will provide free education and one on counseling services to families who have mortgages owned by Fannie Mae.
“When the opportunity to partner with Fannie Mae presented itself, we immediately knew we wanted this resource in our city,” said Pam Canada, CEO of NeighborWorks Home in Sacramento.
“We also have a regional focus is not just Sacramento, but everything within this region including Merced, Modesto and Stockton,” said Mike Hernandez, Vice President, and Foreclosure Prevention of Fannie Mae, at the center open house.
The mortgage crisis continues on the rise, according to Hernandez close to 3,000,000 households throughout the country are going to receive some type of foreclosure notice.
“The Hispanic community has been also affected and sometimes they do not get the right information,” said Hernandez, “[at the center] about half of our staff to speak Spanish.”
“The mortgage help center will provide critical services to thousands of homeowners in our region,” said Canada. ■