Washington, DC --  John Taylor, president & CEO of the National Community Reinvestment Coalition, issued this statement today in response to the Administration’s probe of mortgage servicers: “It was heartening to hear that the Obama Administration is investigating whether servicers are doing all they can to help homeowners avoid foreclosures, but their probe must include the abusive lending practices that led to the financial chaos that shattered our economy. The Administration should move quickly on the question of whether banks are doing what they must do and should do under housing laws to help borrowers because stemming foreclosures is key to ending the economic downturn. Foreclosures are the bane of our economic recovery, and we fail to see how a temporary national freeze will hurt the economy more than the foreclosures do. Nobody wants to freeze foreclosures on abandoned homes. And a foreclosure freeze gives us all the chance to counsel homeowners, work with lenders and servicers to fix the servicing pipeline, and keep responsible homeowners in their homes.

Published in Press Releases

NCRC's Housing Counseling Network Offers Loan Modification and Financial Assistance to Homeownershomesaver logo

  • Are you struggling to make your mortgage payments?
  • Are you unable to refinance?
  • Are you upside on your mortgage?
  • Are you late paying your mortgage?

 

If you answer "YES" to any of the following above, you may be in danger of facing foreclosure. Do not wait and contact us now for a FREE LOAN MODIFICATION COUNSELING. You're not alone. Millions of people across the United States are currently having trouble with their mortgage. Don't wait any longer!

We Can Help!

Live in DC? Unemployed, facing foreclosure? HCN can help.

If you or someone you know lives in DC, is unemployed and at risk of foreclosure, please contact NCRC's Housing Counseling Network today at 202-383-7702.

Learn how to apply for up to 15 months of mortgage assistance for DC residents. Call today to learn if you are eligible.

Published in Housing Counseling

NCRC's Housing Counseling Network Offers Emergency Financial Assistance to HomeownersEHLP hourglass

The U.S. Department of Housing and Urban Development and NeighborWorks America recently announced the recipients of Emergency Homeowners' Loan Program (EHLP) grant funding. NCRC and its Housing Counseling Network (HCN) affiliates will receive funding to provide support to over 1400 households in approximately 13 states.

HUD anticipates a high amount of demand for the Emergency Homeowners' Loan Program (EHLP). In order to ensure that program funds are made available in a fair and impartial manner, homeowners interested in applying must first complete a Pre-Applicant Screening Worksheet. If there are more potentially eligible homeowners than there are funds available to assist them, these worksheets will be entered into a randomized selection process. EHLP counseling agencies will evaluate completed screening worksheets to make an initial, informal pre-determination of household eligibility. Homeowners whose completed worksheets meet this standard will be randomly selected, and these homeowners will be invited to apply for an EHLP loan in the order they are selected.

Unfortunately, due to the limited amount of resources available through the EHLP, some qualified homeowners will not be selected to complete an application. Furthermore, some homeowners will complete an application but not will not ultimately be approved to receive assistance if their applications are incomplete or if they do not otherwise meet all of the program's eligibility criteria.

Homeowners who are randomly selected will be called by their local EHLP housing counseling agency to schedule an appointment to complete the EHLP application packet. NOTE: There is no charge for this service. During the appointment, homeowners will be required to submit the specified documentation to support eligibility. It is very important for all homeowners to be familiar with all of the EHLP documentation requirements and have all specified documents prepared to submit at the time of their application appointment. Click on this link to review the document checklist.

How to Apply for EHLP

The Pre-Applicant eligibility screening period will run from between June 20, 2011 through July 22, 2011. The homeowner application period will not begin until late July 2011. The Pre-Applicant screening procedures are described below, and include a link to a downloadable and printable screening worksheet. Click here for the contact information of the EHLP housing counseling agency serving your community, county or state.

  • Step 1. Complete the Screening Documents: Worksheet and Third-Party Authorization
  • Step 2. Submit both documents to an Housing Counseling Network affiliate or an EHLP Agency
  • Note: Pre-applications are being accepted Monday, June 20, through Friday, July 22

  PRE-APPLICANT SCREENING DOCUMENT

States Participating in EHLP

EHLP will be available in the following states:
Alaska, Arkansas, Colorado, Hawaii, Iowa, Kansas, Louisiana, Maine, Massachusetts, Minnesota, Missouri, Montana, Nebraska, New Hampshire, New Mexico, New York, North Dakota, Oklahoma, South Dakota, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming. EHLP is also offered in Puerto Rico.

Substantially similar EHLP states:

On April 1, 2011, HUD identified five states operating their own respective mortgage asssistance programs that met HUD's criteria as "substantially similar" to the EHLP. These include Connecticut, Delaware, Idaho, Maryland, and Pennsylvania. Each of these states have received direct allocations of EHLP funds to directly administer and assist homeowners in need. For information about how to apply for EHLP assistance in these substantially similar states, please contact the NCRC Housing Counseling Network at 1-800-475-NCRC (6272).

Connecticut, Delaware, Idaho, Maryland, Pennsylvania

States that are not participating in EHLP:
Those states that are not identified above (non-EHLP states) receive direct assistance through the U.S. Treasury's Innovation Fund for Hardest Hit Housing Market Program. The list of Hardest Hit Fund states is provided below. If you live in one of these states, click on that state's name to find out more about Hardest Hit Housing Market Program that is available where you live.
Alabama, Arizona, California, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, Mississippi, Nevada, New Jersey, North Carolina, Ohio, Oregon, Rhode Island, South Carolina, Tennessee, Washington DC

We Can Help!

HCN can help. Please contact NCRC's Housing Counseling Network today at 202-383-7702.

Call today to learn if you are eligible.

Published in Housing Counseling

homesaver logo

NCRC's Housing Counseling Network joins DC program to provide foreclosure prevention counseling to the unemployed

Washington, DC— the National Community Reinvestment Coalition's Housing Counseling Network (NCRC HCN), a Housing and Urban Development (HUD) certified housing counseling organization, announced that it will provide housing counseling under the District of Columbia Housing Finance Agency's (DCHFA) HomeSaver program. The DCHFA program will provide foreclosure prevention to an estimated 1,000 unemployed DC homeowners, and is funded by the $1.5 billion dollar Hardest Hit Fund Initiative created by the Obama administration last year.

Published in Press Releases