March 04 2011
Mortgage HOPE Crisis Hotline and Operation HOPE Partner with Hope Now, Department of the Treasury and HUD at Help for Homeowners Community Event
Los Angeles – March 4, 2011 – Operation HOPE, Inc. (HOPE), through HOPE Coalition America (HCA) announced their new partnership with Hope Now as the two organizations joined forces at the Help for Homeowners Community Event at the San Jose Convention Center on Thursday, February 24, 2011.
The event provided one-on-one counseling for Bay-Area homeowners, allowing them to meet with HUD-approved housing counselors and in many cases, directly with their lender. Sponsored by the Department of the Treasury and the U.S. Department of Housing and Urban Development, this is one of many Community Events involving these organizations in the coming months.
“Our mission at the Mortgage HOPE Crisis Hotline is to provide support and help struggling homeowners navigate their way successfully through the system,” said Jason Yancey, the director of HCA. “These events allow us to let those who are struggling out there know that our free services can sometimes make the difference between foreclosure and saving their homes through refinancing.”
Since the mortgage crisis hit the country in 2008, the Mortgage HOPE Crisis Hotline team has received over 114,000 calls for assistance from all 50 states, provided guidance and assistance to thousands of individuals, provided foreclosure prevention education and counseling to over 20,000 homeowners in crisis and delayed or modified over $400 million in mortgage loans which has resulted in preventing over 1,358 homeowners from losing their home to foreclosure.
About Operation HOPE, Inc.
Founded in 1992, social empowerment nonprofit Operation HOPE’s mission is to expand economic opportunity in under-resourced communities through financial literacy education. HOPE promotes "silver rights" – making free enterprise and capitalism relevant and effective for the underserved. Raising more than $500 million and directing and restructuring nearly $500 million more in mortgages and economic support from the private sector, for a total of approximately $1 billion dollars in economic activity, HOPE seeks dignity and empowerment for all. Follow Operation HOPE at www.operationhope.org, www.twitter.com/operationhope, and www.facebook.com/operationhope.