For Immediate Release
January 21, 2014
CONCORD – HomeHelpNH, the state’s foreclosure counseling initiative, assisted over 800 at-risk homeowners in the first year of the program, Governor Maggie Hassan announced today.
“While we have seen significant improvement in the state’s housing market and foreclosure rate, we must continue to help those who are still feeling the impact of the recession,” Governor Hassan said. “Thanks to HomeHelpNH, hundreds of New Hampshire’s middle class families have received expert counseling to achieve the best possible outcome given their housing and financial situations. By remaining committed to providing our citizens with the tools and resources they need, we can continue to strengthen the health of our housing market, communities and economy. I want to thank all of the partners of this innovative public-private initiative, and I encourage New Hampshire homeowners at risk of foreclosure to dial 2-1-1 or visit HomeHelpNH.org to access expert counseling that is free, knowledgeable and timely.”
Over the course of the first year of this three-year statewide initiative funded through the National Mortgage Servicing Settlement, HomeHelpNH counselors assisted more than 800 households and provided approximately 5,600 hours of free foreclosure guidance on mortgage modifications, mortgage document review, credit and budgeting analysis, rental help and legal service referrals to at-risk households.
HomeHelpNH has helped at-risk homeowners bring their mortgages current, modify their mortgages or sell their properties. HomeHelpNH worked with homeowners to make an honest and informed evaluation of their current housing and finances in order to help them keep their homes or plan a move to more financially secure housing when necessary.
For assistance, homeowners may dial 2-1-1 toll-free from anywhere in the state to receive referrals to a counselor in their area or, for those who qualify, to free or low-cost legal services. Homeowners can also go to www.HomeHelpNH.org.
HomeHelpNH is administered by New Hampshire Housing Finance Authority. The counseling is provided by eight regionally-based nonprofit housing counseling agencies that provide free comprehensive foreclosure intervention and counseling services. These agencies are:
A three-year, statewide program funded with $3.5 million from the National Mortgage Servicing Settlement, HomeHelpNH is part of a larger effort, which includes funding for legal services through the New Hampshire Foreclosure Relief Project. HomeHelpNH works in cooperation with the New Hampshire Foreclosure Relief Project, a partnership between the New Hampshire Bar Association, New Hampshire Legal Assistance, and the Legal Advice and Referral Center, to help at-risk homeowners receive legal services. The Foreclosure Relief Project provides low- or no-cost legal assistance to qualified homeowners who are facing foreclosure or foreclosure-related financial and legal problems. For information on the NH Foreclosure Relief Project, go to www.nhlegalaid.org.
HomeHelpNH is a statewide foreclosure counseling initiative sponsored by the New Hampshire Department of Justice, New Hampshire Banking Department and New Hampshire Housing Finance Authority. The initiative’s goal is to help at-risk homeowners find solutions through free, comprehensive pre- and post-foreclosure counseling. Homeowners seeking more information should dial 2-1-1 or go to www.HomeHelpNH.org. For more information on the HomeHelpNH initiative, please contact Jane Law, Director of Communications, New Hampshire Housing Finance Authority, (603) 310-9255.