HUD will be holding seminars is several cities speaking about how to avoid predatory lenders, how to avoid foreclosure and loan modification. The HBMO would recommend that anyone that owns real estate, considering purchasing real estate or is in the business attend the seminar. The seminar will give consumers real understanding about the financial environment as it relates to real estate. People in the business, if you fell like the seminar is speaking about you then you should reevaluate your practices or consider a different profession. In any case everyone should gain prospective on real estate financing in today’s financial environment.
For more information on the seminar here is the link to the HUD site – http://portal.hud.gov/portal/page/portal/HUD/press/press_releases_media_advisories/HUD%20No.%2009-183