Monday, August 27, 2007

Foreclosure Assistance is Available

Dayton City Commissioner Dean Lovelace urges Dayton residents who may be the victim of predatory mortgage lending to seek help through various community agencies. Dayton ranked 16th among the 100 largest metropolitan areas in the United States for home foreclosures during the first half of 2007. Many of these foreclosures can be attributed to predatory lending practices.

"Predatory lending continues to be a serious issue, not just in Dayton, but across the country," Commissioner Lovelace said. "I urge anyone who is in danger of losing their mortgage to contact one of the agencies below for help and advice."

· Montgomery County Recorder's Office - 225-4275
· CountyCorp - 225-6328
· Home Ownership Center of Greater Dayton - 853-1600
· Homeownership Preservation Foundation - 888-995-HOPE
· Ohio Housing Finance Agency - 888-362-6432

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