Help offered to Willingboro residents facing foreclosure

Maria Edwin from Willingboro waits for an interview with Freddy Mac people at the Burlington County Housing Expo at the John F. Kennedy Center in Willingboro. (Akira Suwa / Staff Photographer)
Maria Edwin from Willingboro waits for an interview with Freddy Mac people at the Burlington County Housing Expo at the John F. Kennedy Center in Willingboro. (Akira Suwa / Staff Photographer)
Posted: March 03, 2012

Federal, state and local officials in Willingboro, N.J. are offering help today to residents who may be facing foreclosure of their homes during a symposium at John F. Kennedy High School's Kennedy Center.

Officials are on site to help residents understand the process of foreclosure and how best to avoid it.

Banks from whom residents received their mortages are also in attendance, and one-on-one counseling is available for those who have questions about their current mortgage.

The symposium opened with remarks from Rep. Jon Runyan (R-3rd), who said the federal agencies are poised to help.

"The surprising thing is that a lot of people are hesitant or scared to say "I need help," he said.

Available to meet with residents are representatives of the U.S. Treasury and Housing and Urban Development and local agenices that offer housing counseling.

A 2011 analysis of area foreclosures ranked Willingboro hardest hit in the Philadelphia region. Since 2008, when the crisis was in full stride, 15.9 percent of its housing stock was in foreclosure, says RealtyTrac, which analyzes the data.


In Willingboro one out of every 544 homes is in foreclosure, according to RealyTrac.

Contact staff writer Kevin Smith at smithk@philly.com

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