More Funds Available For New Yorkers Seeking To Avoid Foreclosure - 27 East

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More Funds Available For New Yorkers Seeking To Avoid Foreclosure

author on Nov 27, 2017

An additional $20 million in funding for the New York State Homeowner Protection Program, HOPP, has recently been made available by the office of the attorney general.

Since the program began in 2012, Attorney General Eric Schneiderman’s HOPP program has helped more than 80,000 families across New York State avoid foreclosure. This most recent addition of funds brings the total program investment to $130 million, which has been funded, in part, by lawsuit settlements against banks, secured through the Residential Mortgage-Backed Securities Working Group of the Financial Fraud Enforcement Task Force

Residents looking to avoid foreclosure on their homes can learn more and find qualified mortgage-assistance relief services by visiting aghomehelp.com or by calling the attorney general’s Foreclosure Prevention Hotline at 855-466-3456.

In a prepared statement, Mr. Schneiderman praised the necessity of the program, saying, “As communities across New York continue to recover from the housing crisis, HOPP has provided a lifeline that allows families to avoid foreclosure and remain in their homes.

“It’s clear,” he continued, “that there’s an ongoing need for these critical services.”

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