We have seen firsthand the effects of declining home values, and the resulting impact on Fresno area homeowners.
Fresno, CA (PRWEB) August 24, 2012
ClearPoint Credit Counseling Solutions’ (CCCS) Pacific Region President, Martha Lucey, joined the U.S. Department of Housing and Urban Development roundtable event with Secretary Shaun Donovan, Mayor Ashley Swearengin, and Congressman Jim Costa at the HUD Fresno Field Office on Tuesday, August 21, 2012.
The topic of the roundtable discussion focused on the broad refinancing proposal announced by President Obama, which is intended to help responsible homeowners who have been underwater on their mortgage take advantage of refinancing at historically low interest rates.
Fresno homeowners, housing counselors, and housing advocates met to discuss refinancing options and opportunities available to Fresno homeowners, listen to concerns, and share options and opportunities made available to distressed homeowners in the region.
"We welcomed the opportunity to participate in this roundtable discussion in order to improve access to services that help preserve home ownership,” says ClearPoint’s Pacific Region President, Martha Lucey.
As a long-established service provider of non-profit housing counseling in the community, ClearPoint’s participation in the roundtable was an important element of these discussions. The agency has seen firsthand the effects of declining home values, and the resulting impact on Fresno area homeowners. Based on an internal survey of housing counseling activity, ClearPoint counselors worked with 1,366 Fresno area homeowners who reported a negative equity situation from January 1, 2009 through July 31, 2012.
Free appointments for credit, debt, budgeting and most housing related issues may be made by calling 877.877.1995. For more about ClearPoint, visit http://www.ClearPointCCS.org.
ClearPoint is a member of the National Foundation for Credit Counseling (NFCC), a system-wide accredited business with the Council on Better Business Bureaus, and a Housing and Urban Development (HUD)-approved housing counseling agency.