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995 Hope February 18, 2021 No Comments

GreenPath and Homeownership Preservation Foundation Help COVID-19 Affected Homeowners Avoid Foreclosure

National nonprofit assists thousands of homeowners unable to make mortgage payments and uncertain about forbearance protections. Read Full Announcement > FARMINGTON HILLS, Mich. (February 18, 2021) –  GreenPath Financial Wellness, a national nonprofit that provides financial counseling and debt management services and its affiliate, Homeownership Preservation Foundation (HPF) that provides housing counseling services, helped 19,500 borrowers experiencing  COVID-19 and […]

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995 Hope February 4, 2021 No Comments

Why Renters and Homeowners Should Act Now, Before a Crisis

Owning a home is a goal for many of us. But what do we do when we face unexpected challenges and that goal is derailed? As the pandemic continues to challenge household finances, the recent extension of eviction and foreclosure moratoriums on Federally or Government Sponsored Enterprise backed mortgages (FHA, VA, USDA, Fannie Mae and […]

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995 Hope January 6, 2021 No Comments

5 Tips to Talk to Your Mortgage Servicer

Ever get stuck when dealing with automatic phone systems so commonly used by many financial institutions? Most of us want to speak to a live agent, but navigating through the menu of options can be time-consuming.   Even more challenging is when you finally speak to a live agent, you don’t have the necessary information at your fingertips.   That’s a common scenario for […]

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995 Hope November 19, 2020 No Comments

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 for households to lighten their financial […]

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995Hope launch PR blog header
995 Hope October 30, 2020 No Comments

GreenPath, Homeownership Preservation Foundation Launch 995HOPE Website

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 […]

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Small toy home and 3D-printed question mark sat on a desk side-by-side
995 Hope October 3, 2020 No Comments

Taking the Next Step after Forbearance Ends

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 […]

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Elderly couple hold a house-shaped ornament up to the camera
995 Hope September 24, 2020 No Comments

Facts to Know About Reverse Mortgages

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 […]

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Family takes a portrait together on the front porch of their home
995 Hope September 10, 2020 No Comments

3 Reasons to Seek Guidance from HUD-Certified Housing Counselors

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, […]

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