Southern California Mortgage Crisis

Robert Hooker is the Executive Director of the Inland Empire Economic Recovery Corp., an organization that organizes foreclosure prevention seminars (more info here). They can help you save your home. These seminars are workshops in which you not only learn about options for everyone, but you meet personally with a HUD counselor or a bank representative from your bank in order to learn if workouts or renegotiations are an option. Here more from Robert in this brief introduction:

Watch more from Bob Hooker!
Bob was a guest at KVCR for it’s one-hour call-in program in which host Roger Bowman asked Bob and another guest, economist John Husing, questions about the foreclosure crisis. Bob also answered caller questions. View the entire episode here [you can also navigate directly to It's Your Call, June 5th, in the menus above].

What is the IEERC?
Inland Empire Economic Recovery Corporation (IEERC) is a non-profit, public-benefit corporation organized to create public-private partnerships for the purposes of stabilizing Inland Empire neighborhoods and communities, preventing and reducing blight, and to address the home foreclosure problems in the Inland Empire.

1) The IEERC uses a mix of public dollars and private investments to purchase, rehabilitate, and resell foreclosed homes in the Inland Empire. (read more…)

•The IEERC brings jobs back to the Inland Empire by utilizing the local workforce to rehabilitate and resell the purchased properties. All related disciplines will be prescreened for licensing, insurance and experience and preference for local contractors will be given. •The rehabilitation of the foreclosed homes restores the quality of neighborhoods.•The IEERC’s focus is on lasting investment into the community through home ownership rather than renter occupied communities.If you are interested in contracting with the IEERC to rehabilitate foreclosed homes in the Inland Empire please click here.

2) The IEERC rotates Home Foreclosure Prevention Seminars throughout the Inland Empire in an effort to reach out to home owners in the north, south, east, and west corners. (read more…)

•Seminars provide one on one counseling with HUD approved nonprofit housing counseling agencies

•Seminars provide homeowners the opportunity to meet one on one with their lender through participating banks and lenders.

•Seminars provide information on the foreclosure process, short sales, HUD programs and assistance, fraud prevention, and other social services available through government and nonprofit agencies.If you are interested in attending an IEERC Home Foreclosure Prevention Seminar please click here.

3) The IEERC encourages home ownership retention through education and partnerships.

Learn more at http://www.ieerc.org/  or call (877) 418-7943