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 […]

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 […]

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 […]

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 […]

Small toy home and 3D-printed question mark sat on a desk side-by-side

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 […]