City, Bank of America offer proactive foreclosure help this week

Photo used under a Creative Commons license courtesy Jeffery Turner at

As the foreclosure crisis continues, the City of Kansas City is trying to be proactive in preventing more homes from becoming vacant. That’s the reason behind a joint city and Bank of America event on Tuesday, December 4 through Thursday, Dec. 6

Bank of America is one of the largest banks in the country. The city estimates it has about 2000 customers in the metropolitan area that could use some assistance to avoid foreclosure.

So the city Neighborhoods and Housing Services Department and Bank of America have announced a free homeowner outreach event that will help existing Bank of America mortgage holders with home loan assistance.

“People are still facing the threat of foreclosure,” Assistant City Manager John Wood said. “If for some reason they loose their home and abandon it, it causes all sorts of problems for the city.” He notes that foreclosed homes also become liabilities to financial institutions, so the city and Bank of America have a mutual interest in keeping the homeowners in their homes.

Wood said that the city is talking to other large mortgage holders about similar programs to help people avoid foreclosure. The city is also working with lenders to donate foreclosed properties to the Kansas City Homesteading Authority so they can be demolished.

The Bank of America outreach event will take place at the Kansas City Convention Center, Rooms 2501 C and D (Grand Ballroom) and 2505, from Tuesday, Dec. 4 through Thursday, Dec. 6. Event hours are 8 a.m. to 8 p.m. Complimentary parking will be available in the Auditorium Plaza Garage located at the Convention Center.

Existing Bank of America mortgage holders needing help with their home loans will have an opportunity to meet one-on-one with a specialist to discuss possible relief options that may be available to them, including loan modifications.

To participate in this event, Bank of America customers must register by phone at 1-855-201-7426 or online at Participants will be required to take several documents to the event, including their two most recent monthly bank statements and federal tax returns. For a complete list of required documents for home loan assistance, please visit

Homeowners who are not Bank of America customers, but having difficulty making mortgage loan payments, should contact their mortgage servicer.

Comments are closed.