Tuesday, October 27, 2009

An Innovative Way to Avoid Foreclosures in Your City or Town


The Baltimore Homeownership Preservation Coalition (BHPC) is sponsoring a media campaign to convince homeowners threatened with foreclosure to call the national HOPE hotline (1-888-995-HOPE) and be connected directly to professional housing counselors who provide advice, contact a homeowner’s mortgage lender, and when necessary direct the homeowner to local housing counseling agencies for additional aid.


The service is free and confidential, and available 24 hours a day, 7 days a week. The Coalition has received federal funding via Baltimore City’s Department of Housing and Community Development, as well as local foundation funding, to increase publicity and education programs, and expand counseling and legal services. The toll-free HOPE hotline supplements Baltimore’s 311 Central Call Center, which also directs individuals to housing counselors and legal assistance.


In January 2008, the Baltimore Homeownership Preservation Coalition, in partnership with a Prince George’s County coalition and the Maryland Housing Counselors Network, sponsored a Foreclosure Solutions Forum, where housing counselors, realtors, bankers, government officials, and advocates learned about sub-prime lending and foreclosure trends in Maryland and debated short and long-term solutions to the crisis. More information is available online at www.preservehomeownership.org.

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