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The ""National Council of La Raza"":http://www.nclr.org/, the largest national Hispanic civil rights and advocacy organization in the United States, announced Tuesday the launch of a phone counseling service aimed at helping homeowners facing foreclosure.
[IMAGE]""There are about two million families in the process of losing their homes at this very minute, and drastic funding cuts have completely gutted foreclosure prevention programs at a time when we need them the most,"" said Victor Burrola, director of the NCLR Homeownership Network (NHN). ""We're hopeful that this hotline will provide the relief and expertise that countless homeowners need to navigate the confusing options before them and possibly save their homes.""
Residents of Arizona, Colorado, Utah, Nevada, Michigan, and Washington state are now able to call the new hotline to speak with HUD-certified housing counselors who will help them navigate through their options of applying for a loan modification, short sale, refinance, or submitting a claim of wrongful foreclosure.
The hotline works by providing borrowers with the option of attending a one-on-one counseling session with a local NHN counselor or other HUD-approved housing counseling agency. If that option is not possible, then a housing counselor will provide in-depth foreclosure prevention counseling over the phone. Everything from providing an initial counseling and analysis of a homeowner's situation and options to working with them throughout the loan modification process is included in the service.
""Understanding the nuances of the foreclosure process is difficult for most people and is only made worse by loan modification scammers who particularly target Latinos and other communities of color, charging them thousands of dollars without providing assistance,"" added Burrola. ""We are now offering an easy, credible place to turn to so that no homeowner feels that they are out of options.""
Homeowners can contact the housing counseling hotline by calling (888) 532-3021.
Washington D.C.-based NCLR Homeownership Network (NHN)-a network of 50 community-based counseling providers- provides first-time homebuyers with the advice and guidance they need to navigate the mortgage process.
