Foreclosure help for San Franciscans

March 20, 2008 3:40:41 PM PDT
San Francisco is taking action to help its residents fend off foreclosure.

Assessor-recorder Phil Ting announced a new outreach program Thursday to help homeowners at risk of losing their homes. Ting's office will be sending letters informing homeowners of resources available to help them avoid foreclosure.

"When people start getting behind they don't know what to do. They get calls from the bank, they get calls saying you owe us money, you owe us money. They kind of start ignoring the phone and they really don't know who to turn to. What we're saying from the city and county of San Francisco [is] please turn to your community agencies, please call them, they know how to get you help," said Ting.

He says there have been 211 foreclosures in San Francisco already this year. There were 400 in all of last year.

San Francisco residents can also get help by calling toll-free (888) 780 - 5850.