December 14, 2007
HP-734

UPDATE: Secretary Paulson to Visit Florida, Missouri, California to Discuss the Administration’s Efforts to Reduce Foreclosures

Secretary Henry M. Paulson, Jr. will travel to Orlando, Kansas City, Stockton, Calif. and Los Angeles next week to discuss the Administration's efforts to address mortgage market issues and help families struggling with their mortgage avoid foreclosure.

Paulson will meet with local officials, community leaders, and representatives from local businesses to discuss what has been proposed and what can be done to help more people. Last week Paulson joined President Bush and HUD Secretary Jackson to commend a private sector effort to streamline the refinancing and modification process and deliver quicker help to homeowners facing foreclosure. (For more information on this announcement go to: http://www.treasury.gov/topics/financial-markets/.)

He will also participate in an event to highlight the importance of open investment in Los Angeles on Wednesday.

The following events are open to the media:

What Discussion on Housing
When Monday, December 17, 2:45 p.m. EST
Where
East Orange Community Center
12050 East Colonial Drive
Orlando, Fla.
Note Media should arrive by 2:30 p.m.

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What Discussion on Housing
When Tuesday, December 18, 10:00 a.m. CST
Where
Bruce Watkins Cultural Heritage Center and Museum
3700 Blue Parkway
Kansas City, Mo.

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What Discussion on Housing
When Tuesday, December 18, 1:30 p.m. PST
Where
Van Buskirk Community Center
734 Houston Avenue
Stockton, Calif.

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What Roundtable on Trade
When Wednesday, December 19, 9:30 a.m. PST
Where
World Trade Center
Investment Room 1&2
1 World Trade Center
Long Beach, Calif.

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