May 21, 2013

National Mortgage Settlement Provides Relief for more than 620,000 Homeowners, Including Vinel Cooper in Pennsylvania

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The nation’s largest mortgage servicers have distributed $50.63 billion in direct relief to over 620,000 homeowners, or roughly $81,000 per homeowner as part of the National Mortgage Settlement, according to a progress update released today by independent settlement monitor Joseph A. Smith of the Office of Mortgage Settlement Oversight. Over one year ago, the Department […]

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April 5, 2013

New Initiatives Connect Homeowners to Foreclosure Prevention Programs

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Crossed posted from WhiteHouse.gov This week, the Administration announced three new housing initiatives aimed at building on our efforts to connect struggling homeowners to the Administration’s foreclosure prevention programs. Our goal is to ensure that responsible Americans who qualify for federal mortgage assistance have the necessary information to benefit from the programs available to help […]

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December 11, 2012

New PSAs Direct Struggling Homeowners to Free Mortgage Help

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Written by Andrea Risotto and George Gonzalez “What are we going to do if we lose the house?” “I can’t let anyone find out.” “I can’t tell the kids. This is going to wreck their lives.” “I am all alone.” Many of these powerful thoughts have crossed the minds of homeowners who have fallen behind […]

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November 19, 2012

Settlement Success Story: Maria Marinakis

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The nation’s largest mortgage servicers have distributed $26.1 billion in direct relief to nearly 310,000 homeowners, or roughly $84,385 per homeowner as part of the National Mortgage Settlement, according to a progress report released today by independent settlement monitor Joseph A. Smith of the Office of Mortgage Settlement Oversight. See our press release today and […]

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