September 26th, 2013
HPF is proud that our Board of Directors comprises a talented and diverse group of individuals, all of whom share a staunch dedication to public service and community enrichment. As a lot of the work our board members do for the organization remains behind-the-scenes, we welcome it when their work garners public recognition. Continue Reading…
September 25th, 2013
A National Foundation for Credit Counseling (NFCC) poll from last month provides insight into consumers’ preferences when trying to resolve their financial challenges.
Forty-five percent of poll respondents opted for speaking one-on-one with a certified professional, compared to 35 percent who chose taking advantage of online resources, 17 percent utilizing a self-assessment tool, and 3 percent attending a group workshop. Continue Reading…
September 24th, 2013
Following the devastating damage caused by the flash floods in Colorado, government agencies have announced a series of foreclosure and mortgage relief measures to assist affected homeowners in the federally declared disaster areas of Adams, Boulder, Larimer and Weld counties. Continue Reading…
September 6th, 2013
The housing crisis has particularly impacted military servicemen and women. Like many other homeowners across the country, they too have been met with unforeseen financial and mortgage challenges, which become all the more difficult to contend with when they receive a permanent change of station (PCS) order that requires them to relocate. Continue Reading…
September 5th, 2013
A recently released TransUnion survey revealed that nearly 25 percent of consumers say they have abandoned the financial resolutions they set in January.
Many might agree that, no matter what life situation you find yourself in, following through with the goals you aspire to reach each year can be difficult – and require a fair amount of self-discipline. For those aiming to improve their finances, however, the challenge becomes intensified when trying to cope with the financial stress caused by dwindled savings, maxed-out credit cards, and various monthly obligations, such as utility bills, car payments, and student loan debt. Continue Reading…
September 5th, 2013
Here’s a warning that HPF repeatedly issues to troubled homeowners that also applies to individuals suffering from crushing student debt: if someone demands payment upfront to reduce your loan or provide debt relief, you are best to ignore the offer. Continue Reading…
August 22nd, 2013
Nick Pappas of the Albuquerque Journal recently spoke to HPF’s Josh Fuhrman for an insightful piece called “Feeding on Foreclosure.” Josh shared with his readers how to avoid becoming the victim of a foreclosure rescue or loan modification scam.
The article highlights the growing epidemic of scam artists preying on distressed homeowners at their most vulnerable, making false promises and empty guarantees about fixing mortgage woes and making foreclosure threats disappear for a fee. We work with many of their unfortunate victims every day via our HOPE Hotline, and the truth is the scammers have gotten very good at their game. Continue Reading…
August 15th, 2013
Nearly anyone who has gone through the home-buying process can confirm that it’s an overwhelming ordeal, particularly when it comes to finding and applying for the right mortgage. While there are some universal considerations and sources of stress that affect everyone, a recent Associated Press article suggests that there may be additional ones for homeowners in certain age brackets.