Mortgage Foreclosure Basics - August 5, 2025
August 5, 2025 4:00PM - 5:00PM
Registration Deadline: August 4, 2025 - 11:59PM
Zoom Webinar
Contact: Ana Pena
Aug. 5, 2025
4 - 5 p.m. ET
Web based education
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While foreclosure rates have declined somewhat during recent years, the issue is not over, and many households are still facing foreclosure. Many have experienced a loss or reduction of income. This webinar will describe the options to keep, sell or let foreclosure happen. National mortgage pre-foreclosure regulations and the timeline from the Consumer Financial Protection Bureau (CFPB) will be explained. Additional topics include the Michigan Foreclosure Timeline, steps in foreclosure prevention, what is in a Workout Package, the impact of foreclosure has on credit reports. We will cover where to find a HUD certified Housing Counselor, how to be cautious of potential scams and other local resources.
Ana Pena, MSU Extension Program Instructor specializing in Financial and Homeownership Education
A few days before the session, you will receive an email with information, resources and the ZOOM link. Registration is required for materials. Materials will be emailed to participants prior to session.
COST: FREE
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