Not On Forbearance? There’s Still Time While many people have taken advantage of CARES Act relief which provides protections for homeowners who have Fannie Mae, Freddie Mac, and other government-backed mortgages, far too many others have slipped into delinquency without knowing they may have help available. The CARES Act offers needed relief as a way […]
We offer housing counseling, financial education resources for people looking to stabilize their finances and homeownership October 27, 2020: BUSINESSWIRE: GreenPath Financial Wellness and its affiliate Homeownership Preservation Foundation (HPF), launched the 995hope.org website providing information to help renters and homeowners affected by the COVID-19 pandemic manage through financial challenges. It is estimated there are […]
People relying on COVID related forbearance relief are watching what programs will be extended as we navigate the ongoing pandemic. Many households are looking to prepare their next steps once temporary forbearance programs come to an end. As defined in our financial glossary, forbearance is a process when a lender agrees to a lower payment or no […]
For seniors who need income in retirement, or for those facing unexpected changes in finances, a reverse mortgage might seem like the way to go. TV, radio and internet advertisements stress the attractiveness of reverse mortgages, promoted as a handy way to use home equity to free up funds. Retirees might be tempted to tap into the […]
When it comes to figuring out challenges with housing finances, it’s easier to make healthy financial choices when you have strong options at your fingertips. Now more than ever, it’s important to seek guidance from knowledgeable, caring experts such as our HUD-certified housing counselors. The U.S. Department of Housing and Urban Development (HUD) sponsors housing counseling agencies, […]
