Over the weekend 2,000 homeowners attended Home Preservation Day in Van Nuys, California which was a workshop of sorts for homeowners. All of the homeowners in attendance were in one away or another having troubles with their mortgage. Homeowners were given a chance to speak with a loan counselor, and find out if they qualified for a loan modification.

Many were turned away as the bankers had only anticipated 200 homeowners showing. Indy Mac Federal Bank, the Federal Insurance Corp, and the Los Angeles Neighborhood Housing Service sent out letters to 4,000 local residence. Those who were turned away were asked to call the bank at a later time. A second Home Preservation Day is planned for December 2 in Riverside, California.

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