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Immense Possiblities|Foreclosure Avoidance|Housing Counseling

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Mortgage and Lending with Karen Cooper | Sr Mortgage Loan Originator ! NMLS # 223305 | First Federal Bank of Florida, Ocala, FL NMLS 223305

On his recent "Immense Possiblities" show, "Pushing Back Against Foreclosure" aired 12/7/2012 on Southern Oregon Public Television, Jeff Golden talks with us about some of the events that led up to the National Mortgage Settlement - namely MERS violations - the experiences homeowners have shared, and solid guidance toward solutions. In a recent report published by HUD about the outcomes of housing counseling, it was clear that homeowners seeking the guidance of a Housing Counselor are more likely to find alternatives to foreclosure. Of the counselees, 69% found a mortgage remedy and 56% were able to bring their mortgages current. After 18 months, 70% of the homeowners who obtained housing counseling were still in their home and current on their mortgage.

Not every homeowner who seeks housing counseling wants to stay in their home, and therefore are seeking information on transition options. Some may want to stay in their home, but just cannot afford to.

If you or someone you know here in Southern Oregon is facing the possiblity of foreclosure, contact ACCESS at (541)774-4305 for information on our Housing Counseling Program. If you have already experienced a foreclosure and believe it may have been wrongfully handled, go to the National Mortgage Settlement and Independent Foreclosure Review websites ASAP as deadlines to file are rapidly approaching. More information may be found specific to Oregon homeowners at www.oregonhomeownersupport.gov.

 

 

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Karen Cooper Southern Oregon|California Mortgage ConsultantKaren Cooper - Home Lending Advisor Nationwide

               NMLS #223305

 

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