Treasury Notes

 Making Home Affordable Heads to the Sunshine State to Help Struggling Homeowners

By: Maya Newman
11/19/2013

The U.S. Department of the Treasury is heading to Florida this Friday to host a free Help for Homeowners Event at the Westin Diplomat Hotel in Hollywood, FL. The event will provide homeowners an opportunity to explore options for lowering their mortgage payments, learn about alternatives to foreclosure, and gain a better understanding of their eligibility for help through the federal Making Home Affordable program. 

At the event, sponsored by Treasury, the U.S. Department of Housing and Urban Development (HUD), the HOPE NOW Alliance and NeighborWorks® America, homeowners will have the opportunity to meet face-to-face with some of the nation’s largest mortgage servicers and non-profit HUD-approved housing counseling agencies.

Making Home Affordable's most recent event was in Philadelphia last month. The exit survey revealed that more than 87 percent of attendees were satisfied with the help they received. 

We encourage homeowners from across Florida to participate in this month’s Help for Homeowners event. Whether you have tried to modify your mortgage unsuccessfully, or have recently experienced a financial setback, we will have an array of resources to help homeowners having a tough time making their mortgage payments.

Among the most recent programs to launch in Florida is the Elderly Mortgage Assistance Program (ELMORE). Funded by Treasury’s Hardest Hit Fund (HHF), ELMORE assists homeowners with Home Equity Conversion Mortgages, better known as reverse mortgages. ELMORE is designed to help homeowners, who because of financial hardship, are having difficulty making property tax and homeowner’s insurance payments and may be facing foreclosure as a result.  

Representatives from the ELMORE program, will be on-site at the Nov. 22 Help for Homeowners event, providing assistance for those who have questions about the program.

To prepare for the event, all homeowners should bring as much of their mortgage and financial documentation as possible, including their monthly mortgage statements, recent pay stubs and two most recent bank statements. For a more complete list of needed documents click here or call 1-888-995-HOPE (4673). 

Since 2009, Treasury and HUD have co-sponsored 89 free Help for Homeowners events attracting nearly 76,000 homeowners looking for help with lowering their mortgage payments. For more information about upcoming events and other free resources visit MakingHomeAfforable.gov.


Maya Newman is a Spokesperson at the U.S. Department of the Treasury.

Posted in:  Making Home Affordable
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