Housing Assistance Corporation Blog

Free Foreclosure Prevention Counseling

Posted by Laura Reckford on Mon, Aug 26, 2013 @ 10:00 AM

Foreclosure counseling is free at Housing Assistance Corporation for anyone whose primary residence is on Cape Cod or the Islands. There are no income or mortgage limits.

HAC staffers explain mortgage options and the foreclosure process. They can then assist in preparing mortgage-modification request paperwork and submit the paperwork.

HAC can empower homeowners to speak with their lender and review the correspondence
from the lender.

HAC provides homeowners with debt-management counseling and on alternative housing options.

HAC is the only HUD-approved housing counseling agency serving Cape Cod and the Islands; and it has a contract and a close working relationship with the Attorney General’s office, plus over 15 years experience in mortgage foreclosure counseling.

When is the best time to contact HAC about counseling? If you are current with your
mortgage but are concerned that you won’t be able to keep up; or if your mortgage payment is past due.

Also contact HAC for counseling if your lender has sent a letter demanding money by a certain date or if an attorney has sent you a letter about your mortgage.

HAC is also the place to turn if you had little or no success trying to work things out with your lender.

Beware of foreclosure rescue scams. Avoid anyone asking for a fee in advance. Remember:
Friends don’t let friends pay for foreclosure prevention counseling. Refer family and friends to HAC.

To set up an appointment with a HAC counselor, call Liz Belcher at 508-771-5400 at extension
210 or by e-mail at lbelcher@haconcapecod.org.

Tags: HAC Workshops, HCEC, Prevention, housing assistance corporation, Foreclosure

Vineyard Man Avoids Foreclosure, With HAC’s Help

Posted by Laura Reckford on Wed, Jul 31, 2013 @ 11:51 AM

foreclosure

Of the many ways that Housing Assistance Corporation helps people, foreclosure prevention counseling is the one that quietly saves families from potential disaster.

HAC Foreclosure Prevention Counselor Joan Maney recently received a letter from a client, Angelo L. Dimeglio, that eloquently expressed just how important this service can be.

Mr. DiMeglio, a self-employed carpenter who lives in Oak Bluffs on Martha’s Vineyard, was in danger of losing his home, which he built mostly with his own hands 25 years ago.

Mr. DiMeglio’s home, Cape Cod-style with a farmer’s porch, means a lot to him. He first came to the island in 1969 when he was 12 years old. His parents loaded him and his four siblings into their Oldsmobile Vista Cruiser station wagon and they visited Cape Cod and also Martha’s Vineyard. “I absolutely fell in love with the place,” he said of the island.

He moved to the island in 1978 and was eventually able to buy a lot and build a house.

With the recession, things slowed down for everyone, including him. “When everything dropped for everyone,” Mr. DiMeglio said, he fell behind on his mortgage, “due to simple lack of work.”

He had tried to get in touch with the bank, but was unable to secure a modified loan.

“They declined me because I did not have the information filled out properly,” he wrote in a letter to HAC. “The bank was moving forward with foreclosure proceedings on my house.”

An advertisement for an auction of the house had run in the paper, and Mr. DiMeglio thought all was lost.

“To me, it felt like a life or death situation, to be honest with you,” he said of the threat of foreclosure.

Mr. DiMeglio said a friend of his told him about HAC’s foreclosure prevention services and told him to call Ms. Maney “immediately.”

He took that advice.

From his first phone call to HAC, he noted the agency’s appreciation of the urgency of the situation. He quickly received a packet of important information and an appointment.

Mr. DiMeglio credits Ms. Maney’s “utmost knowledge” in accomplishing something that he had tried to do several times himself without success.

Once the bank received the loan modification paperwork, the bank’s customer assistant specialist was in touch with Mr. DiMeglio. Not long after, the bank representative informed Mr. DiMeglio the good news that his new loan was approved by the review board.

“I am sure that without Joan Maney and the HAC, I could not have accomplished this on my own,” he wrote.

Tags: HCEC, housing assistance corporation, Foreclosure

Upcoming HAC Workshops

Posted by Julie Wake on Tue, Mar 19, 2013 @ 09:00 AM

All classes are held in Conference Room A at Housing Assistance Corporation, 460 West Main St., Hyannis.

Rebuilding Your Credit – $17, includes tri-merged credit report. One session, meets 9 a.m.-noon April 1.


Creating a Budget – Free. One session, meets 9 a.m.-noon April 8.
Community Resources – Learn how to live more economically. Free. One session, meets 9 a.m.-noon April 22.


Homebuyer Education – For first-time homebuyers. $75. Four sessions, meets 6-9 p.m. May 7, 14, 21 and 28.


Home Forever – Money-saving advice for homeowners. $25. Three sessions, meets 6-9 p.m. June 11, 13 and 18.

For information on all courses, contact Cheryl Kramer at 508-771-5400, ext. 287, or ckramer@HAConCapeCod.org. For a schedule of 2013 courses and links to workshop applications, visit www.HAConCapeCod.org/workshops.htm.

Tags: HCEC, Homebuyer Education, Creating a budget, Rebuilding your credit

Upcoming HAC Workshops

Posted by Julie Wake on Mon, Feb 04, 2013 @ 07:00 AM

All classes are held in Conference Room A at Housing Assistance Corporation, 460 West Main St., Hyannis.

Completing Housing Applications –Free. One session, meets 6-9 p.m. Jan. 14.
Be a Smart Tenant – Free. One session, meets 6-9 p.m. Jan. 28.


Home Forever – Money-saving advice for homeowners. $25. Three sessions, meets 6-9 p.m. Feb. 5, 7 and 12.


Rebuilding Your Credit – $17, includes tri-merged credit report. One session, meets 6-9 p.m. Feb. 11.


Homebuyer Education – For first-time homebuyers. $75. Four sessions, meets 6-9 p.m. March 4, 11, 18 and 25.


Opening the Door – Deciding whether to rent or buy. Free. One session, meets 6-9 p.m. March 5.


Creating a Budget – Free. One session, meets 9 a.m.-noon April 8.


Community Resources – Learn how to live more economically. Free. One session, meets 9 a.m.-noon April 22.

For information on all courses, contact Cheryl Kramer at 508-771-5400, ext. 287, or ckramer@HAConCapeCod.org. Click here for a schedule of 2013 courses.

Tags: HAC Workshops, HCEC, Homebuyer Education, housing assistance corporation, Creating a budget, Completing a Housing Application