Tag Archives: NonProfit

9 Year Old Non-Profit Partners with Consumer Advocacy Group to Assist Property owners With Mortgage Mitigation and Credit Protection

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Fort Lauderdale, FL (PRWEB) November 23, 2008

U.S. house foreclosures have now hit records levels never observed prior to as the housing crisis’ choke hold on America continues.

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In September of 2008, 265,968 far more troubled home owners received foreclosure filings such as default, auction, or bank repossession notices. In the third quarter of 2008 alone, 765,558 foreclosure filings have been created on U.S. properties, up 3% from the second quarter and 71% from the exact same period last year.&#13

Stephanie Pimental, Vice-President and Executive Director of Alpha 2000 Community Improvement, Inc, a 9 year old 501(c)three Non-Profit group specializing in helping families stay in and keep their properties says, “Men and women are turning to our non-profit organization following the frustration of getting nowhere with their mortgage businesses”.

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“Due to the rapid and overwhelming enhance in delinquencies, mortgage companies’ capability to hire and train staff to deal with them, is not keeping pace”, said Narayan Dindiyal, President of Alpha 2000 considering that its inception.

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“Obviously, if you never have the training and the sources to aid clientele whom, more occasions than not, are hunting for aid and are prepared to function with their lenders, you are going to have poor consumer tracking, ridiculously extended wait times on the telephone, and inconsistent service.

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“We are not new to this”, says Kevin Hagen of Hagen &amp Hagen, P.A., an attorney affiliated with each Alpha 2000 and (NACRA) The National Association for Credit Responsibility and Advocacy, “In reality, in almost 50 years of the firms practice, we have been representing consumers with Real Estate and customer- related circumstances to now assisting largely with loss mitigation, foreclosures, and bankruptcies.”

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“Loss Mitigation is the act of lessening the mortgage holder’s risk of foreclosure. We can propose several diverse plans and strategies to the bank or lender to place the loan back in great standing”, stated Hagen. Pimental also stated that banks and lenders stand to lose a lot of thousands of dollars so it is significantly far more equitable if a “meeting of the minds” can occur in order to come to an agreement on repayment in which both the homeowner and lender win.

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Here’s how the system works no matter if you are 30, 60, 90, or 120 days late, or even already in foreclosure, homeowners will be assigned a loss mitigation specialist who will take them via a free consultation with a genuine estate specialist.

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By means of a thorough investigation and fact obtaining session, the consultant will be capable to decide the very best course of action for the homeowner. This details will be passed along to the rest of the mortgage mitigation group to help in the process of attaining the homeowner’s objective.

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Next, a file examiner is assigned to evaluation the true estate transaction, loan documents and contracts in order to establish if there had been flaws, inaccuracies, and/or outright errors created by the lender or broker. Subsequent, a forbearance and modification processor will use the data gathered to leverage it to the homeowner’s advantage and then renegotiate or modify the terms of their existing bank loan so the homeowner can hold their house under monetary terms and conditions they can live with right now.

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“Simply put, our objective is to maintain as a lot of consumers in their homes and communities as achievable or to get them out with as tiny damage to their credit and economic scenario by using our access of nationwide pros and attorneys”, stated Dindiyal.

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These adverse economic situations have led Luis O. Rodriguez, Founder of the National Association for Credit Responsibility and Advocacy (NACRA), to offer you NACRA memberships as element of the membership into Alpha 2000. As element of NACRA’s “Credit and Financial – Direction and Protection” strategy, Alpha 2000 members will have access to Credit Audit and Verification, Economic Helpline, Totally free Monetary income management provided by Mint.com, and several more positive aspects and services.

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Rodriguez of NACRA said, “Apart from the present foreclosure predicament gripping not just the state of Florida, but the country as a entire Bankruptcies are skyrocketing as effectively”. The U.S. Bankruptcy Court for the Southern District in Florida reported that there had been virtually 2000 filings for October 2008, up 61% from the identical time last year, not to mention they had been up 30% nationwide during the 1st six months of 2008 according to the American Bankruptcy Institute.

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Also, because Alpha 2000 is a 501 (c)three Non-Profit Corporation, a portion of their proceeds are donated appropriate back into whichever neighborhood they are helping, funding a variety of local non-profit organizations, thus assisting other families in require. In the end, this process will save the homeowner tens of thousands of dollars and much more importantly, save their most treasured asset: their home.

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FOR Additional Data&#13

Stephanie Pimental

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ALPHA 2000 Community Improvement, INC&#13

Phone: 954-962-1409

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Nonprofit Agency Launches HomeOwnership.org — a Comprehensive Online Resource To Help Home owners With Loan Modifications and Foreclosure Alternatives

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Riverside, California (PRWEB) January 15, 2010

As shoppers continue to climate the worst housing crisis in 60 years, Springboard Nonprofit Customer Credit Management is pleased to announce the launch of its new web site, HomeOwnership.org. The internet site offers property owners with expert mortgage suggestions, including foreclosure prevention, reverse mortgage counseling and homebuyer education. Springboard is certified by the U.S. Department of Housing and Urban Improvement as a complete housing agency and is accredited by the Council on Accreditation as a provider of high good quality monetary education and counseling services. “Today’s launch of HomeOwnership.org demonstrates Springboard’s commitment to offering the highest level of education and help to property owners in need to have,” said Melinda Opperman, vice president of neighborhood outreach and business relations. “HomeOwnership.org is yet another tool created by Springboard to meet the needs of customers facing a assortment of housing troubles,” said Opperman.

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Homeowners facing foreclosure can schedule a priority counseling session with a certified housing counselor or may possibly get in touch with a designated hotline for quick assist, seven days a week. Distressed home owners can also check out http://www.HomeOwnership.org and enter standard info to figure out the likelihood of a loan modification. In scenarios exactly where homeowners do not qualify for a loan modification, Springboard offers two new applications – the Safe Haven(SM) and Soft Landing counseling applications.

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The Protected Haven(SM) program is developed for the homeowner who has enough revenue but can no longer afford the home due to higher debt and monthly expenditures. The Soft Landing system is created for the homeowner who will not be in a position to remain in the house due to an extended hardship. Both programs were created by Springboard in an work to supply extra choices for distressed homeowners. Springboard’s certified housing counselors are offered seven days a week to support homeowners transition with hope.

Nonprofit Charity Gives Home owners Cost-free Loan Modifications to Steer clear of Foreclosure

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Deerfield Beach, FL (PRWEB) September 22, 2011

Debt Management Credit Counseling Corp. (dmcconline.org), a nonprofit charitable organization (DMCC), announced these days that as portion of its new Foreclosure Prevention Plan it is providing certified home owners cost-free loan modification services. Under this program, DMCC will prepare and submit loan modifications for home owners totally free of charge if an initial assessment indicates that they qualify for a loan modification by means of the Home Inexpensive Modification System (HAMP) or the Home Cost-effective Refinance Plan (HARP), and it is a suggested answer for the homeowner to steer clear of foreclosure. DMCC housing counselors will analyze details offered by the homeowner and provide them a written action plan with suggested solutions to stay away from foreclosure primarily based on their private circumstance and goals. It is crucial that any homeowner who faces such choices understands all their offered alternatives and seeks a remedy from a HUD Authorized Housing Counseling Agency such as DMCC.

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Apart from these who knowingly take portion in mortgage fraud, most homeowners face sudden extenuating situations that force them to cease generating their mortgage payments some of these reasons may possibly be job loss, an illness, a death in the household or even an adjustable rate that has gotten too expensive. DMCC housing counselors can help these buyers steer clear of foreclosure by delivering education and guidance about their obtainable choices, creating this currently overwhelming predicament much a lot more manageable. We talk about every little thing from loan modifications and brief sales to applications that are presently supplied by the government. Our job is to supply the homeowner with the expertise so they can make an informed decision said Stephen Lichtenberger, Operations Manager for DMCC. We create an up to date budget with homeowners, as we think this is a vital step in the process to aid stop the future threat of losing their home by maximizing their finances.

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DMCC housing counselors will evaluation available options with the homeowner and advise the remedy that very best meets their economic predicament. Feasible solutions to avert foreclosure include refinancing, repayment plans, forbearance agreements, loan modifications, brief sales, and reverse mortgages. If a loan modification via the Property Reasonably priced Modification System (HAMP) or the Property Reasonably priced Refinance Plan (HARP) is a viable and desired remedy for homeowner, DMCC will prepare and submit the essential modification documents to the home owners mortgage lender. DMCC supplies this service free of charge of charge, along with personal spending budget counseling and other monetary education, as part of their charitable mission. Debt management plans to help consumers with the repayment of credit card accounts are also accessible. Decrease credit card payments obtainable through debt management plans, combined with budgeting, is an option that may give sufficient relief for homeowners to allow them to afford their month-to-month mortgage payment.

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In order for homeowners to maximize the options offered to them to avoid foreclosure, it is imperative that they seek assistance as soon as they know they will not be able to meet their mortgage payments. Once a mortgage lender commences foreclosure proceedings, numerous possibilities cease to be available. Homeowners wishing to take benefit of this free of charge service ought to contact DMCC at 866-618-3328 Monday via Thursday 9:00am to five:00pm ET or Friday 9:00am to three:00pm ET and ask to speak with a housing counselor.

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About Debt Management Credit Counseling Corp.

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DMCC is a nonprofit 501(c)(3) public charity committed to educating buyers on financial issues and offering personal help to buyers overextended with debt. Education is supplied cost-free of charge to consumers by means of seminars, workshops, a proprietary monetary literacy plan, and a vast array of on the web and printed materials. Free private counseling is offered to customers to recognize the very best alternatives for the repayment of their debt. Consumers interested in speaking with a DMCC certified credit counselor may possibly contact (866) 618-3328 or request assist at dmcconline.org. DMCC is a HUD Approved Housing Counseling Agency, is authorized by the U.S. Trustee to offer bankruptcy counseling and education, and has an A+ rating with the Better Organization Bureau.

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Nonprofit Credit Counseling Agency Named Authorized Adopter of National Industry Standards for Homeownership Education Counseling

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Lighthouse Point, FL (PRWEB) January 25, 2012

Debt Management Credit Counseling Corp, a nonprofit charitable organization (DMCC), announced nowadays that it has been approved as an adopter of the National Market Standards for Homeownership Education and Counseling (NISHEC). As the economic downturn persists, a lot of homeowners are dealing with lowered incomes and declining house values. They struggle to steer clear of foreclosure, but navigating the system can be very difficult. Housing counseling agencies can aid, but its difficult for customers to know which organizations they can trust. The NISHEC can assist make that choice less difficult. NISHEC recognizes DMCC as an authorized adopter of these standards and holds DMCC to a high normal of excellence, ensuring that customers are provided the most consistent and crucial info, advice and guidance.

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Foreclosure intervention counselors have to have precise, up-to-date knowledge of the mortgage landscape, stated Jeremy Montanti, Quality Manager at DMCC. We have hugely educated nonprofit counselors who perform one particular-on-one particular with homeowners in the community to aid communicate with their lenders and decide the suitable answer.

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The National Market Standards had been created by the Advisory Council for the National Sector Requirements for Homeownership Education and Counseling. The Advisory Council is comprised of major housing market representatives such as HUD, working collectively to offer a way for counseling organizations to demonstrate accountability and commitment an method identified as Homeownership Completed Right. According to a 2010 study by the Urban Institute, the odds of curing a foreclosure, and potentially avoiding losing a home, are 1.7 occasions higher for a homeowner who performs with a counselor who adheres to the National Industry Requirements than for a homeowner who doesnt receive such counseling.

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DMCC provides foreclosure intervention for customers suffering from monetary hardship and possessing a challenging time repaying their property mortgage. This program has been developed to recognize obtainable solutions for customers to steer clear of foreclosure which meet their individual objectives, and help buyers with getting a loan modification if it is a advised resolution. Consumers who have already received a notice with Date of Sale are advised to seek legal counsel for assistance. DMCC also provides debt management plans to customers needing help with the repayment of their credit card debt.

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To understand more about the National Business Requirements for Homeownership Education and Counseling, visit http://www.homeownershipstandards.com.

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About Debt Management Credit Counseling Corp.

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DMCC is a nonprofit 501(c)(three) public charity committed to educating customers on financial concerns and providing private assistance to consumers overextended with debt. Education is provided free of charge to consumers via seminars, workshops, a proprietary financial literacy system, and a vast array of on the web and printed components. Cost-free individual counseling is provided to shoppers to identify the best possibilities for the repayment of their debt. Shoppers interested in speaking with a DMCC certified credit counselor could get in touch with (866) 618-3328 or request assist at dmcconline.org. DMCC is a HUD Authorized Housing Counseling Agency, is approved by the U.S. Trustee to provide bankruptcy counseling and education, and has an A+ rating with the Much better Organization Bureau.

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Discover Far more Loan Modification Services Press Releases

Nonprofit Credit Counseling Agency Announces Free Help Offered for South Florida Home owners to Steer clear of Foreclosure

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Lighthouse Point, FL (PRWEB) August 20, 2012

Debt Management Credit Counseling Corp (http://www.dmcconline.org), a nonprofit organization (DMCC), announced today that it still has grant funds accessible from the U.S. Division of Housing and Urban Development (HUD) to provide totally free foreclosure prevention assistance to property owners in Broward County and Palm Beach County, Florida. DMCC was awarded a grant in March as portion of much more than $ 42 million in housing counseling grants awarded by HUD to 468 national, regional and neighborhood organizations. Home owners interested in taking advantage of this totally free service need to make contact with DMCC instantly while funding and resources remain obtainable.

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DMCC housing counselors will overview all possibilities to steer clear of foreclosure with the homeowner and recommend the choice that greatest meets their economic scenario. If obtaining a loan modification is a advised solution that the homeowner desires, DMCC will aid the homeowner prepare and submit the necessary documents to their lender. “Our purpose is to determine all accessible choices for the homeowner to avoid foreclosure, and help them in implementing the selection they select”, said Jeremy Montanti, DMCC Housing Director.

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DMCC gives this service totally free of charge to property owners, along with private budget counseling and other economic education. Debt management plans to help consumers with the repayment of credit card accounts are also obtainable. Reduce credit card payments obtainable via debt management plans, combined with budgeting, is an choice that could provide sufficient relief for home owners to enable them to afford their month-to-month mortgage payment.

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In order for homeowners to maximize the alternatives available to them to avoid foreclosure, it is imperative that they seek assistance as quickly as they know they will not be able to meet their mortgage payments. Once a mortgage lender commences foreclosure proceedings, numerous possibilities cease to be obtainable. DMCC cautions that property owners who have already received a foreclosure notice from their lender with a Date of Sale are advisable to seek legal counsel for help. Homeowners wishing to take benefit of this free of charge service should contact DMCC at 866-618-3328, Monday via Thursday 9:00am to 5:00pm ET or Friday 9:00am to 3:00pm ET, and ask to speak with a housing counselor.

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About Debt Management Credit Counseling Corp.

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DMCC is a 501c(three) nonprofit organization committed to educating buyers on economic issues and offering private help to buyers overextended with debt. Education is offered totally free of charge to customers via seminars, workshops, a proprietary economic literacy plan, and a vast array of on-line and printed supplies. Free of charge individual counseling is provided to customers to identify the very best alternatives for the repayment of their debt. DMCC is a HUD Authorized Housing Counseling Agency, is approved by the U.S. Trustee to offer bankruptcy counseling and education, and has an A+ rating with the Much better Enterprise Bureau.

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Non-profit Neighborhood Neighborhood Foundation Brings Profitable Foreclosure Prevention Workshop to Assist Indiana Homeowners

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Indianapolis, IN (PRWEB) November 21, 2012

The foreclosure epidemic is showing no indicators of a slowdown. Millions of Americans owe more than their home is worth. Get information from a reputable source while understanding your options and staying present with developments in the marketplace that affect foreclosures.

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Plainfield, IN: December four Holiday Inn Express – 7-9 PM

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Greenwood, IN: December five Holiday Inn Express – 7-9 PM

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Carmel, IN: December 11 Renaissance Hotel – 7-9 PM

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Ft. Wayne, IN: December 18 Hampton Inn 7-9 PM

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An independent, nonprofit organization based in Sarasota, Florida, the Neighborhood Community Foundation strives to aid residents create a far better understanding of the foreclosure process, legal rights, and available alternatives and options to stay in their houses.

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Information is energy, and home owners can far more properly fight foreclosure by knowing about the process and understanding how present events can influence their outcome, says Jeffrey Pitts, a foreclosure defense lawyer who is 1 of the keynote speakers at the Neighborhood Community Foundations prevention workshops.

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Every single week, details surfaces as we investigate and unravel the mortgage and banking industry crisis. What takes place each day can have an effect on each homeowner as they navigate the crazy, unreliable flow of foreclosure info such as discrepancies in communication amongst property owners and banks as well as solution primarily based sources for recovery.

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News stories shock us each day with newly discovered bank fraud and rampant robo-signing activity. Lately, the major banks and servicers in the US agreed to pay a $ 25 billion dollar settlement because of fraud in the lending, loan modification and foreclosure processes. Lawyer Generals continue to sue the key banks and lenders for fraud. Homeowners are urged to get the information about their rights.

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The Workshop will answer several inquiries and supply insight to guide home owners to the next constructive step, wherever they might be in the process.

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During the workshop Mr. Pitts will share free legal advice about the most widespread varieties of errors and violations found in loan documents and foreclosure paperwork and supply a complete explanation of the laws that protect property owners when facing foreclosure eviction. In addition, homeowners will receive information from other non-profit agencies to support them properly assess a sensible course of action for their requirements.

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Non-Profit Neighborhood Community Foundation Brings Successful Foreclosure Prevention Workshops to Denver Area

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Denver, CO (PRWEB) August 31, 2012

Denver foreclosure attorney, Richard Casey of the Casey Legal Group, is tired of hearing about the lack of real, actionable information that is available to local homeowners who are faced with loan modification and foreclosure defense issues. Looking for a way to further educate Colorado homeowners, Mr. Casey has teamed up with a non-profit advocacy group, Neighborhood Community Foundation and their successful Foreclosure Prevention Workshop to give Colorado Homeowners a fighting chance against big banks and unscrupulous lenders.

The foreclosure epidemic is showing no signs of a slowdown. Millions of Americans owe more than their home is worth and economic conditions have not radically improved, says Richard Casey, a Denver-based consumer advocate and foreclosure defense attorney. Real solutions are available, however the stigma of shame associated with foreclosure has often kept people from seeking help, thus costing them dearly, Casey adds. These workshops have been conducted in Ohio, Illinois and Florida and have been successful at educating people about the latest foreclosure information and trends while providing proactive tools that they can use to help save their homes. I am excited about bringing this valuable workshop to the people of Colorado.

FREE FORECLOSURE PREVENTION WORKSHOPS: REGISTER @ 1-877-306-5299

September 6: Littleton Hampton Inn 7:00 PM

September 12: Brighton Hampton Inn 7:00 PM

September 20: Lakewood Courtyard by Marriott 7:00 PM

September 27: Colorado Springs Antlers Hilton 7:00 PM

During the workshop Mr. Casey will share free legal advice about the most common types of errors and violations found in loan documents and provide a full explanation of the laws that protect homeowners when facing foreclosure eviction. In addition, homeowners will receive information from other non-profit agencies to help them properly assess a practical course of action for their needs. The workshop will answer many questions and provide insight to guide homeowners to the next positive step, wherever they may be in the process.

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