Maryland Attorney General Doug Gansler will host a Homeowner Relief and Foreclosure Prevention Workshop at noon March 31 in Capitol Heights, Md.

The workshop, spawned by the $954 million mortgage servicing settlement reached by the attorney general’s office, will help homeowners learn about housing mortgage settlements and allow them to talk with an independent housing counselor.

Homeowners who made mortgage payments to Ally/GMAC, Bank of America/Countrywide, Citi, JP Morgan Chase/WaMu or Wells Fargo/Wachovia may be eligible for relief. Those in default or at risk of defaulting may qualify for loan modifications. Possible options for those homeowners include:

• Refinancing at low interest rates if the homeowner is current with payments, but the home is worth less than the mortgage loan amount.
• Learning if those who already lost their homes to closure are eligible for $1,500 to $2,000.
• Learning about new bank servicing standards that change the way banks deal with borrowers.

• Working one-on-one with housing counselors and lawyers to develop an action plan, even if the homeowner does not qualify for relief under the settlement.

Homeowners should bring a detailed hardship letter, two of their most recent paystubs for income verification, their last two monthly bank statements, their 2007 and 2008 tax returns, default letters or late notices from lenders, foreclosure notices or threats and a list of monthly household expenses.

Those lacking documentation are encouraged to attend the workshop to be matched with a counselor who can help them acquire the necessary records.

The seminar starts at noon at Sanctuary at Kingdom Square, 9171 Central Ave, Capitol Heights Md. For workshop details or to be connected with a mortgage counselor, call 410-576-6956, the Maryland Attorney General’s Call Center at 410-576-6300, the MDHOPE Hotline at 1-877-462-7555 or visit here.