Salinas: Homeowners learn ways to avoid foreclosure

CaliforniaCityNews has been covering local government actions related to the mortgage crisis for some months now. Town Halls and information sessions are a common method used to educate and reach out to the public. In a troubling sign of the times the size of these town halls has gown tremendously as reported in the city of Salinas. There are nearly 1,200 homeowners in Salinas on the brink of foreclosure, according to the State and Consumer Services Agency.

Some of them were likely among the hundreds who sought help with their loans Thursday at a workshop at Sherwood Hall in Salinas.

In a joint effort of state and county officials, the Foreclosure Prevention Workshop was aimed at homeowners having trouble making payments and wanting to stave off foreclosure before it knocks on their doors. Nearly 300 families sought advice during the afternoon event. Full story here in the Monterey Herald.