UK Markets open in 1 hr 8 mins
  • NIKKEI 225

    26,644.71
    +107.40 (+0.40%)
     
  • HANG SENG

    26,945.42
    +125.97 (+0.47%)
     
  • CRUDE OIL

    45.02
    -0.69 (-1.51%)
     
  • GOLD FUTURES

    1,812.80
    +1.60 (+0.09%)
     
  • DOW

    29,872.47
    -173.77 (-0.58%)
     
  • BTC-GBP

    12,930.27
    +75.22 (+0.59%)
     
  • CMC Crypto 200

    339.14
    -31.37 (-8.47%)
     
  • Nasdaq

    12,094.40
    +57.62 (+0.48%)
     
  • ^FTAS

    3,589.04
    -18.77 (-0.52%)
     

GreenPath and Homeownership Preservation Foundation Launch 995Hope Website Providing Timely Services to Protect Households

·3-min read

Website shares housing counseling, financial education resources for people looking to stabilize their finances and homeownership

GreenPath Financial Wellness, a national nonprofit that provides financial counseling and debt management services, and its affiliate Homeownership Preservation Foundation (HPF), recently launched the 995hope.org website which provides information to help renters and homeowners affected by the COVID-19 pandemic manage through financial challenges.

It is estimated there are nearly 3 million U.S. households in forbearance due to the COVID crisis.1 The easy-to-use website is a good first step for people to begin a conversation with Housing and Urban Development (HUD)-certified counselors about their housing needs. Homeowners, renters and others facing financial challenges can navigate through information about rental counseling, how to identify foreclosure prevention scams, prepare for home buying, obtain reverse mortgage assistance, manage the homeownership lifecycle and receive other key information designed to increase financial wellness.

"Homeowners looking to understand how to successfully navigate the end of temporary relief programs can make the best decisions with trusted information," Kristen Holt, president and CEO, GreenPath Financial Wellness. "The new 995hope.org website offers resources to make sense of home financing, foreclosure prevention, rental counseling and more to set people up to understand options."

Homeownership Preservation Foundation has a long-standing track record of providing trusted housing counseling through the 888-995-HOPE Hotline. GreenPath and HPF have assisted nine million distressed borrowers since the 2008 housing crisis. During the onset of the pandemic, there was a 50 percent increase in hotline calls from homeowners and renters faced with reduced income and other COVID-related financial challenges. The https://995hope.org/ website is a gateway resource to help serve those seeking information.

About Homeownership Preservation Foundation

Homeownership Preservation Foundation, also known as HPF, is a national, nonprofit organization dedicated to guiding consumers on the path of sustainable homeownership and improving their overall financial health. Their Homeowner’s HOPE™ Hotline, 888-995-HOPE (4673), provides options for homeowners to avoid foreclosure as well as other housing counseling services. https://995hope.org/

About GreenPath Financial Wellness

GreenPath Financial Wellness is a national nonprofit organization that provides financial counseling, education and products to empower people to lead financially healthy lives. Working directly with individuals and through partnerships since 1961, GreenPath has assisted millions of people with debt and credit management, homeownership education and foreclosure prevention. Headquartered in Michigan, GreenPath, along with its affiliates, has more than 50 locations across the United States. GreenPath is a member of the National Foundation for Credit Counseling (NFCC) and is accredited by the Council on Accreditation (COA). To learn more about GreenPath and find COVID-19 information resources, visit www.greenpath.org or call 877-293-8883.

1 https://www.mba.org/2020-press-releases/october/share-of-mortgage-loans-in-forbearance-decreases-slightly-to-590

View source version on businesswire.com: https://www.businesswire.com/news/home/20201027005915/en/

Contacts

GreenPath Financial Wellness
Chandra Lewis
+1 248.207.0631
Chandra@theallenlewisagency.com