San Francisco News
Mortgage event offers help for troubled homeowners
SAN FRANCISCO (KGO) -- An event in San Francisco Friday drew hundreds of struggling homeowners with the promise of meeting their lenders face to face.
The Neighborhood Assistance Corporation of America says the biggest mortgage lenders have made agreements to lower interest rates for borrowers who prove they can't pay.
NACA has been doing these events for several years, but now they're seeing a different kind of problem with fixed rate mortgages -- good loans people can't afford now that bad loans have dragged the economy down.
The mortgage relief event continues through next Tuesday. It's at the San Francisco Marriott Marquis from 8 a.m. until 6 p.m.
mortgages, housing market, san francisco news, jonathan bloom
- BART train brake problem prompts evacuations
- Bail for suspect in PS4 robbery in SF set at $5M
- Bay Area braces for chilly weather as cold snap hits
- Third day ends without finding missing SJ CEO
- Newtown 911 calls show calm response to shooting
- 3 Good Samaritans honored for Alameda water rescue
- Milpitas police investigate possible kidnapping 30 min ago
- Sketch released of suspect in violent robberies
- Autopsy: Paul Walker died from impact, fire in crash
- New chair lets users decide the temperature
- Local startup iHear to offer hearing aids online
- abcnews: Harmful contaminants in marijuana?
- roundup: SF shooting; Milpitas possible kidnapping
- weather: Bay Area weather forecast for Thursday
- Bay Area weather forecast for Thursday
37 min ago
- Milpitas police investigate possible...
30 min ago