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Bank of America to host event to help homeowners

DULUTH -- Homeowners who are looking for alternatives to avoid a foreclosure will have a chance to sit down with a bank representative to discuss options.

Bank of America will host a three-day event at the Gwinnett Center from 8 a.m. to 8 p.m. from May 3-5. Appointments are available from 8 a.m. until 6:30 p.m. as the bank will offer ways to modify loans or provide other options, a press release said. Nonprofit groups will also attend the event to provide financial counseling, budgeting tips and housing counseling.

The bank has contacted more than 9,000 customers about the event.

To register for the event, log on to bankofamerica.com/homeownerevent or call 1-855-201-7426.

Comments

kevin 2 years, 7 months ago

It isn't very comforting to those that did the right things to still be contributing tax $$ to those that overbought or should have never been given a loan in the first place. I hope the qualifications for this help is you have a current job. In the meantime, all the billions given by the Feds to these large bank are causing the rest of us to earn nothing on our savings. Thanks Federal government. Same old liars running things.

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ssilover1 2 years, 7 months ago

Couldn't agree with Kevin more. Try buying a house now. Going from one extreme to the other is not going to right the economy. Young people starting out have little hope of getting into a house for sev. years. Guess that helps apartment owners. It does nothing for the industries that economists say get the economy going. BAnks holding onto OUR money should be a crime.

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news2me 2 years, 7 months ago

The banks and the feds are equally to blame in this whole mess. But lets be honest, the federal government have their hands around all of our necks.

That being said the banks are public enemy number one when the feds should be held to just as high or higher accountability. Personally I have stopped listening to Clark Howard because he does nothing put trash the large banks and basically tell people that they can walk away.

I have banked with a national mega bank for decades and held mortgages various ones as well. They have never given me a problem, but then again I follow by the rules. They did not force me to buy a house I could not afford, it was my choice. Personal responsibility has given way to the polically correctness of trashing the financiers.

Uneducated and greedy borrowers at the bottom and a entitlement mentality federal government at the top gave the financial sector their power. The banks are caught in the middle with no way to escape the wrath.

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