One Stop Shop for Mortgage Foreclosure Assistance
The State of Illinois has created the Illinois Foreclosure Prevention Network (IFPN), a one stop resource for homeowners facing foreclosure. The IFPN bundles together key foreclosure assistance resources in a centralized location to provide easy access to helpful information, foreclosure counseling services and legal assistance. For more information go to www.keepyourhomeillinois.org or call the hotline [...]
Information about Mortgage Foreclosure
To assist constituents affected by the mortgage foreclosure crisis, the 40th Ward Gazet has gathered information on government programs that provide assistance to homeowners facing foreclosure. Select from the following to learn about: Temporary Mortgage Assistance for Homeowners City of Chicago mortgage foreclosure prevention resources; help for homeowners who think they may have been the victim [...]
Mortgage Foreclosure Rescue Fraud
Foreclosure rescue fraud is on the rise in Illinois. People looking to take advantage of homeowners in foreclosure, guarantee “saving” homes and lowering monthly payments, when in reality they do little or nothing to help and charge a fee for these phantom services. Tips to Avoid Scams: NEVER pay for counseling assistance or loan modification [...]
Mortgage Foreclosure Prevention (City of Chicago)
Housing Counseling Centers The Chicago Department of Housing and Economic Development (DHED) offers assistance to homeowners facing mortgage foreclosure. Individuals at risk of losing their home because they are 31 or more days late with their payment can get free advice from housing counselors on how to prevent foreclosure. See DHED’s list of available Housing [...]
Temporary Mortgage Assistance for Homeowners
The Illinois Housing Development Authority (IDHA) offers temporary assistance to eligible homeowners through the Illinois Hardest Hit Program (HHF). This program targets homeowners who have experienced a serious loss of income due to unemployment or underemployment by allowing them to stay in their homes while they work to regain employment and financial stability. Eligible homeowners can [...]
Chase Hardship Homeowner Centers
Chase is one of the many banks assisting homeowners who are facing foreclosure. They understand that many people are facing challenging situations when it comes to their finances and in particular their mortgage payments. Chase has opened 60 Chase Ownership Centers across the country, four of which are in Chicago, in order to attempt to [...]
