888-995-HOPE Funded by Big Banks to Help Troubled Homeowners
The first wave of forclosures has really hit the economy hard and it seems that these financial institutions have much to loose and why not use thier funded counseling service to assist troubled borrowers. According to the website, ”counselors are approved by the U.S. Department of Housing and Urban Development (HUD).” This is not an endorsement to use their services, but this may not be as easy as getting a quick rate adjustment. I assume homeowners must go through counseling and financial reviews that might take a tremendous amount of effort. So be prepared to get counciled.
According to CNN, “In June 2006, the foundation recorded about 100 calls per day. In June of this year, that number had risen to 1,200 per day. Now, the center handles about 1,500 a day with bumps of up to 3,000 per day after major media coverage. Those numbers only include first-time callers.”
Leave comments about your experience with the center.
gmac real estate
I don\’t understand it.
December 27th, 2007 at 3:17 amAccounting Financial Financial Success
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