Wednesday, November 14, 2007

Lt. Governor Skillman Announces New Foreclosure Initiative

Indiana Real Estate:
"Last spring, the Indiana State Legislature passed a bill authorizing IHCDA to establish a statewide program to provide free mortgage foreclosure counseling and education to at-risk homeowners. This bill outlines a multi-tiered solution that includes a targeted public awareness campaign, a telephone hotline available seven days a week, and a local network of qualified advisors. The toll-free number, 877-GET-HOPE, is available starting today.

“There are far too many Hoosier homeowners having trouble making ends meet. They need to know help is available,” said Lt. Governor Becky Skillman. “We want to encourage anyone who has fallen behind on their mortgage payments, or thinks they might, to call 877-GET-HOPE. The earlier homeowners reach out for help, the more options they have to avoid foreclosure.”"

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