Monthly Archives: March 2013

Refi Workshop Brings Homeowners and Lenders Together

More than 500 homeowners met face-to-face with lenders and nonprofit housing counselors on April 6 to get help refinancing through the federal Home Affordable Refinance Program, which is scheduled to expire on Dec. 31. The initiative builds upon the O’Malley … Continue reading

Posted in Foreclosure Prevention | Leave a comment

Cong. Cummings Plans June Foreclosure Prevention Workshop

When Seventh District Congressman Elijah Cummings worked in partnership with DHCD to host his first foreclosure prevention workshop in June 2009, the response was overwhelming. Nearly 1,000 distressed homeowners showed up to meet face-to-face with counselors, lenders and pro bono … Continue reading

Posted in Foreclosure Prevention | Leave a comment

Secretary Skinner Talks About Seeking Help on WEAA Radio

Secretary Skinner urged homeowners facing foreclosure to seek help as early as possible by calling the Maryland HOPE Hotline Counseling Network at (877) 462-7555. “I certainly would encourage people in financial difficulty not to go it alone in terms of … Continue reading

Posted in Foreclosure Prevention | Leave a comment

Mortgage Settlement Relief in Maryland Exceeds $1.1 Billion

Distressed Maryland homeowners received more than $1.1 billion in relief through the National Mortgage Settlement during the first 10 months of the program, according to a progress report by the court-appointed monitor. More than 14,000 Maryland homeowners received assistance from March … Continue reading

Posted in Foreclosure Prevention | Leave a comment

Maryland Foreclosure Prevention Counseling Agencies Get $11.8M

Secretary Skinner joined Lt. Governor Anthony Brown and Attorney General Douglas Gansler to announce the award of $11.8 million over three years to the 39 foreclosure prevention counseling agencies belonging to the MD HOPE Counseling Network. The $11.8 million represents the … Continue reading

Posted in Foreclosure Prevention | Leave a comment

Foreclosures Rose in 2012, But Maryland Remained Below National Average

Maryland foreclosures rose nearly 20 percent in 2012 as lenders, encouraged by the state’s improving housing market, finally began addressing their backlog of seriously delinquent loans. Visit DHCD’s website at Mdhousing.org to read the fourth quarter report. RealtyTrac, the California-based monitoring firm, … Continue reading

Posted in Foreclosure Prevention | Leave a comment

Foreclosure Mediation Works – But You’ve Got To Work At It

Maryland counselors have been urging families to explore mediation as a means of bringing the lender to the negotiating table to find sustainable alternatives to foreclosure. But even with mediation, the path to a solution isn’t easy. “Even people working … Continue reading

Posted in Foreclosure Prevention | Leave a comment