There’s a thought-provoking article posted on TIME magazine’s website that takes a look at how the housing market fared in 2012. It also details what some of the critical market indicators are suggesting may be ahead in 2013. Continue Reading…
December 31 is the Last Day to Apply for an Independent Foreclosure Review
December 26th, 2012 by
***For an update on the IFR program, please read our more recent post from April 3, 2013.
Before this week’s holiday whirlwind is over, we remind those who feel that they wrongly were placed into foreclosure proceedings that the deadline to apply for the Independent Foreclosure Review (IFR) program is Monday, December 31. To find out if you are eligible for the IFR program, which was designed to offer compensation to homeowners who were wrongfully foreclosed on in 2009 and 2010, please call the HPF-managed IFR hotline at 1-855-778-0855 before the end of the year. For detailed information on the program, visit our more in-depth IFR post by clicking here. Continue Reading…
NeighborWorks: Counseled Homeowners Twice As Likely To Receive Modifications
December 21st, 2012 by
NeighborWorks® America recently released new data on its National Foreclosure Mitigation Counseling (NFMC) program, announcing that nearly 1.5 million homeowners have received counseling through the program since it was enacted. As an NFMC national counseling partner, HPF is proud to have helped the program reach this new milestone. Continue Reading…
888-995-HOPE, On Your TV
December 17th, 2012 by
HPF’s 888-995-HOPE Hotline number may look a bit more familiar to you this week, thanks to a new Public Service Advertising (PSA) campaign alerting homeowners to the mortgage relief available through the Making Home Affordable (MHA) program.
The advertising campaign urges homeowners to call HPF’s Hotline at 888-995-HOPE in order to speak with a housing expert about eligibility for the MHA program, which has been extended through the end of 2013. To view the TV version of this PSA campaign, click the play button just below (a Spanish version of the ad is available here).
Halting Evictions for the Holidays: HPF is Ready to Help
December 13th, 2012 by
Fannie Mae and Freddie Mac announced recently that they are suspending foreclosure evictions from December 19 through January 2 to allow borrowers to remain in their homes for the holidays. Additionally, some of the nation’s largest banks – including Wells Fargo, Bank of America, SunTrust, and Citigroup – have announced that they too will halt foreclosure activity until after the New Year. Continue Reading…
Student Debt and The Dutch Boy With His Finger in the Dike
December 12th, 2012 by
Money Management International (MMI), one of HPF’s partner agencies, released a survey this week revealing why there is a compelling need for debt counseling.
The survey found that more than 40 percent of its clients with student loans weren’t aware that they could possibly qualify for a lower monthly payment schedule because of a layoff or another economic adversity. Some 27 percent were struggling to make payments, were close to missing them, or were already in default. More than 50 percent had more than $25,000 in student debt. Continue Reading…
Independent Foreclosure Review Deadline Approaching – Call 1-855-778-0855 for Program Details!
December 4th, 2012 by
If your primary home was foreclosed upon and you suspect that there was something not quite right with the process, the Independent Foreclosure Review program may be able to help you. The program, which expires on December 31, 2012, was designed to provide compensation to homeowners who were unfairly impacted by inappropriate lender practices during a foreclosure process in 2009 and 2010. The very best way to find out if you are eligible for a review is to call the dedicated IFR hotline managed by HPF at 1-855-778-0855.
Success Story in St. Peters
December 3rd, 2012 by
St. Louis Beacon reporter Mary Delach Leonard’s recent three part housing crisis series profiled the Hoffmans, a family from St. Peters, Missouri who fought foreclosure for three years before receiving a loan modification via the guidance of an HPF housing counselor. The struggles of the Hoffman family mirror those of so many homeowners who call the Hotline, many of whom admit that they felt hopeless before speaking with a housing counselor about their options. Continue Reading…
Beware of Mortgage Scam Artists
November 29th, 2012 by
More and more, we’re getting calls at our Homeowners HOPE Hotline, 888-995-HOPE from financially struggling homeowners with a very different type of foreclosure help request. In addition to needing our counselors’ assistance to minimize or avoid foreclosure process challenges, they report that they were approached by — or worse, duped by — the growing number of con artists and scammers that prey on distressed homeowners. Continue Reading…
Congratulations to Sanjeev Handa, the New Chairman of HPF’s Board of Directors
November 27th, 2012 by
We’re sending out hearty congratulations today to Sanjeev Handa, the newly appointed Chairman of HPF’s Board of Directors.
Sanjeev, who first joined our Board last year, is Managing Director and Head of the Global Real Estate Fixed Income team at TIAA-CREF. He has an exceptional breadth and depth of housing market knowledge and financial expertise that will be invaluable to the whole HPF organization as we continue to work to provide homeowners with the information and guidance they need to make informed decisions about their mortgage issues and related financial challenges. We wish him well in his new role!
Click here to read our news release about Sanjeev’s election and here for a full list of HPF’s Board of Directors.
