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Glover hosts mortgage workshop

By Lisa Vorderbrueggen
Sunday, February 10th, 2008 at 11:19 am in Contra Costa County.

Contra Costa County Supervisor Federal Glover will host a homeowner’s workshop Feb. 16 intended to help families facing the loss of their homes in the subprime loan crisis. In addition to credit counselors and other industry experts, State Sen. Tom Torlakson, D-Antioch, and Assemblyman Mark DeSaulnier, D-Concord, will also speak.

Here’s what Glover’s office sent out via email:

WHAT: East County Homeowner’s Workshop
WHERE: Pittsburg City Hall, 65 Civic Ave., Pittsburg
WHEN: 10 a.m. to 1 p.m., 65 Civic Ave.
WHO: Sponsored by Sen. Tom Torlakson, Assemblyman Mark DeSaulnier and Supervisor Federal D. Glover
INFO: 925- 372-7990 OR 925-427-8138

According to a national ranking of the Top 100 zip codes with foreclosed homes, East County is in the center of a mortgage maelstrom with Pittsburg, Antioch and Brentwood making the list.As of December 2007, Antioch had the most filings among Contra Costa County cities with 553 filings, which include default notices, auction notices and bank repossessions. Divided into zip codes, the older portion of Antioch, 94509, had 296 filings, The newer part of Antioch, dubbed southeast Antioch, 94531, had 257 filings.

Compiled by CNNMoney.com, Pittsburg topped Contra County County cities at No. 16 and 430 total filings followed by Antioch’s 94509 at No. 45 and 94531 at No. 61.

Brentwood, with 223 filings, came in at No. 80.

No other Contra Costa cities broke the Top 100. The 95206 zip code in Stockton came in at No. 8 after seven Nevada zip codes, mostly in Las Vegas.

Addressing the mortgage crisis, East County’s top three political representatives, Sen. Tom Torlakson, Assemblyman Mark DeSaulnier and Supervisor Federal Glover, chair of the Board of Supervisors, and the city of Pittsburg are sponsoring a Homeowner’s Workshop for homeowners facing the possibility of foreclosure.

The event will be held 10 a.m. to 1 p.m., Feb. 16 at Pittsburg City Hall, 65 Civic Ave. Some of the topics to be addressed include working with a lender to modify a loan, foreclosure prevention, the foreclosure process and timeline and options to help keep a home.

After those sessions, credit counselors will be available to provide one-on-one counseling. Homeowners are urged to bring loan documents and any other relevant information to the counseling sessions.

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