Help For Mortgage-Troubled Homeowners
May 12, 2007
There has been a substantial increase in the number of people calling The Homeownership Preservation Foundation hotline in recent weeks, seeking assistance in avoiding foreclosure of their homes. The hotline helps individuals and families who are behind on their mortgage payments. The foundation received more than 14,000 calls during the first quarter of this year – a 30 percent increase over the fourth quarter of last years. About 25,000 homeowners called the hotline in all of 2006, it was reported.
The Homeownership Preservation Foundation, working with mortgage lenders, nonprofit organizations and city government agencies, provides homeowners with counseling and resources to help them resolve their mortgage-related troubles. Homeowners who call the hotline number – 888-995-HOPE – can receive free advice and counseling from HUD-certified organizations.
Posted in All Things San Diego, Helpful Hints, Lending, Real Estate, Taxes, Things of Interest
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