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02/16/11

Homeownership Preservation Foundation Awarded $1 Million HUD Grant to Assist Victims of Foreclosure Scams

The Homeownership Preservation Foundation (HPF), which administers the Homeowner's HOPE Hotline --(888) 995-HOPE -- to provide free financial education and foreclosure prevention counseling to help homeowners avoid foreclosure, has received a $1 million Mortgage Modification and Mortgage Scam Assistance (MMSA) grant from the U.S. Department of Housing & Urban Development (HUD).

The MMSA grant will enable HPF, and the Homeowner’s HOPE Hotline, to continue as the primary ‘call to action’ for HUD’s anti-scam campaign to educate and warn distressed homeowners about foreclosure prevention and loan modification scammers and assist those who may have been victims of scams.

For more information on HPF and to read the full press release, click here.