Have you heard of the Keep Your Home California program? By Aurora Olivares, Housing Counselor at Project Sentinel, one of the members of ForeclosureHelpSCC. This is from the Keep Your Home CA website: http://keepyourhomecalifornia.org/faqs.htm#Q1098-1, Pingback: Helpful Resources if You’re Facing Foreclosure By Foreclosure Help SCC | ForeclosureHelpSCC, Hi, I live in Orange County and I have been out of work for almost 1 year. The direct number for Keep Your Home California is: 888-954-KEEP(5337) This program is for homeowners who have lost their job through no fault of their own, specifically due to the coronavirus COVID-19 outbreak, and are receiving Nevada State Unemployment Insurance Benefits (UIB). The homeowner(s) cannot be in bankruptcy while applying for Keep Your Home California Program. | ForeclosureHelpSCC. Using government grants, abatements and counseling, it should stop or delay many foreclosure filings across the country by providing unemployed individuals with much needed time to search for new work. If you’ve helped a homeowner with KYH funds 9 months ago, can he receive forgiveness of the KYH loan since he is insolvent and needs to sale the property? This is from the UMA program description on the Keep Your Home California website. I am currently on unemployment, however, that may be running out and we have exhausted all of our savings to keep afloat. Thank you, Pingback: Five Important Policy Updates For California Homeowners and Tenants in 2013 Related to Foreclosures, Short Sales, and the Homeowner’s Bill of Rights | ForeclosureHelpSCC. The Unemployment Mortgage Assistance Program (UMAP) is a federally funded program developed to provide temporary relief to homeowners who have experienced a loss of income due to unemployment or underemployment. more The Keep Your Home California program applies to primary mortgages in first position only. This time, we cannot tolerate it anymore, therefore we are searching and looking for HELP WITH SOLUTIONS! Do you have any programs for home owners who have already lost there homes and now need assistance for rent? Maggie’s Five Rules for Working with Your Bank or Servicer, Thank you for writing. Thank you! Mortgage Payment Relief During COVID-19 Crisis; Trouble Paying Your Rent. I met with her the following day to go over the Unemployment Mortgage Assistance (UMA) program. Sean Coffey 2) If you have complaints about Bank of America, you may want to look into: The California Monitor for the National Attorney General Settlement: http://californiamonitor.org/, 3) The Consumer Financial Protection Bureau recently announced new rules to improve mortgage loan servicing, you can read about them here: http://www.consumerfinance.gov/blog/new-rules-fewer-runarounds-for-mortgage-borrowers/, 4) If you haven't already, you may want to reach out to a HUD-approved housing counseling agency near the Riverside area to see if they can assist. Should I report that fund I received from KYHC as income when Tax return? A homeowner WILL NOT qualify for Keep Your Home California Unemployment Assistance program unless they are receiving or are approved for unemployment benefits.” More here: https://foreclosurehelpscc.wordpress.com/2012/12/21/helpful-resources-if-youre-facing-foreclosure-by-foreclosure-help-scc/ Program Overview 2. Is it true that homewoners do not have power or not qualified for the said program, if investors are not participating in principal reduction even we cannot afford and aside from the value of the property is upside down? Not just for Veterans! This program helps qualifying unemployed homeowners keep their homes. (Conserva Tu Casa) The Unemployment Mortgage Assistance Program gives you breathing room by paying your mortgage for up to 9 months if you are receiving unemployment. Thanks! 2-1-1 Call Center:Call to find local assistance with training, employment, food pantries, affordable housing, and support groups. If you qualify, your mortgage payments may be reduced to 31% of your income or fully suspended. You can also email us at help@foreclosurehelpscc.org or visit our website: www.foreclosurehelpscc.org. We already received your help. The program helps homeowners who have … Unemployment Mortgage Assistance (UMA) program, Servicers Participating in Your Home California, http://www.housingtrustscc.org/programs/homelessness_prevention.php. Background. http://www.housingtrustscc.org/programs/homelessness_prevention.php California; ... which means that people who can’t save up a substantial amount of cash won’t be able to get a mortgage. As you’re probably aware, time is of the essence in applying because you HAVE to be approved for or already receiving unemployment benefits for the Unemployment Program: “With recent estimates that 400,000 Californians could lose their unemployment benefits unless Congress extends them, it is particularly important for homeowners who are unemployed to get their applications in NOW while they are still receiving unemployment. Thank you, In addition, the funding for California would pay for an increase in unemployment benefits, up to $600 weekly on top of what California provides recipients, from $40 to $450 a week. For more information about the Treasury’s role in supporting Nevada and other states through the Hardest Hit Fund, please visit the Treasury’s website here. MRAP-Mortgage Reinstatement Assistance Program: This program can help by reinstating past due payments. The link for HUD approved agencies in California is here: http://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm?webListAction=search&searchstate=CA, 5) In our experience, it’s really important for the homeowner to stay “in the driver’s seat” when working with the bank and to stay in constant contact with them. I have a question. Call us at (888) 320-6526. At this time we have suspended accepting new applications. Unemployment Mortgage Assistance Program. California Hardest Hit Fund Unemployment Mortgage Assistance Program This part of the program will help people who have lost their job or who have had a substantial reduction in household income. Our phone number is 408-293-6000. UMA 07/12/2017, at which time any recovered funds will be returned to Treasury. http://www.hifinfo.org/need-help/ A few homeowners I’ve worked with here in the Bay Area are good examples of how Keep Your Home California works. | ForeclosureHelpSCC. Change ), You are commenting using your Facebook account. Change ). UNEMPLOYMENT MORTGAGE ASSISTANCE PROGRAM Summary Guidelines 1. Second, BOA made at least 4 mistakes in our property/files and the latest one is, they approved us on October 19 2012 and last November 2012 is our first PAYMENT under trial payment period, however within 24 hours period we received two principal balances that leads two different mortgages amount, which the second one is unaffordable for us to pay and forced us to pay it.BOA do not admit the mistake and does not want to take responsibility to correct it either, their comment is, ‘WE ARE HUMAN, WE MAKE MISTAKES AND nothinng GOING TO CHANGE.” Third, my husband is a truck driver and on the second month of our trial period which December 2012, my husband truck went under repair due to gas leak and had to come back to terminal for repair after driving a day or two, so our pay check got affected since he gets paid by mileage and we informed the bank of our situation and they response is negative. Will you be the next success story? Michelle met all the requirements in order to apply for the Unemployment Mortgage Assistance program and her application was submitted the same day. Through a program by the Oregon Homeownership Stabilizaton Initiative, Oregon Homeowners who are receiving unemployment benefits might be eligible to have temporary assistance to pay your mortgage. We do not charge a fee for our services. Second mortgages or home equity lines of credit are not eligible for Keep Your Home California programs. Directory of Homeless Shelters: Find a listing of homeless shelters throughout the United States from the National Coalition for the Homeless. Provides an overview of the California Employment Development Department (EDD). *Up to $3,000 a month available per eligible household! Mortgage Assistance Program. The Unemployment Mortgage Assistance Program (UMA) will use federal funds to give mortgage-payment assistance to unemployed homeowners in California. How and when is the difference of the mortgage payment repaid? This will undoubtedly be a popular topic among Californians in 2011, so we have put together a fact sheet with the pertinent details. Good morning Laurie, Each lender/servicer can participate in as little as one or in all four of the Keep Your Home California programs. Thank you for writing, a few suggestions/answers to your questions: 1) Yes, you are correct, if the investor does not participate in the principal reduction program, then it won’t work for your situation. The property must be owner occupied and located in the state of California. You must also be eligible for unemployment benefits, owe less than $729,750 toward your mortgage, and live in your home. Our stress is so high for the past 3 years and we still hanging on because this is OUR RETIREMENT HOME! Accessed Nov. 30, 2020. The Home Affordable Unemployment Program will be able to help thousands of homeowners across the country with making their monthly mortgage payments. Unemployment insurance, paid family leave, disability insurance, statewide moratorium on evictions, mortgage relief, and forbearance. Hello Raul, The program offers out-of-work homeowners eligible for state jobless benefits up to $54,000 in assistance to cover monthly mortgage … Thank you for writing. You can read the full description here: http://keepyourhomecalifornia.org/programs/uma.pdf We appreciate your patience and will strive to return your call as soon as possible. Please note: All content included in the ForeclosureHelpSCC blog is provided for information only and should NOT be considered legal or tax advice. Find financial help if you are affected by coronavirus / COVID-19 in California. Rent Assistance and Emergency Program for Vista Residents Change ), You are commenting using your Google account. "Pandemic Unemployment Assistance." http://keepyourhomecalifornia.org/faqs.htm#Q1098-1, Helpful Resources if You’re Facing Foreclosure By Foreclosure Help SCC | ForeclosureHelpSCC, http://keepyourhomecalifornia.org/counseling.htm#Southern, http://keepyourhomecalifornia.org/counseling.htm#Entire, https://foreclosurehelpscc.wordpress.com/2012/12/21/helpful-resources-if-youre-facing-foreclosure-by-foreclosure-help-scc/, Five Important Policy Updates For California Homeowners and Tenants in 2013 Related to Foreclosures, Short Sales, and the Homeowner’s Bill of Rights | ForeclosureHelpSCC, http://www.consumerfinance.gov/blog/new-rules-fewer-runarounds-for-mortgage-borrowers/, http://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm?webListAction=search&searchstate=CA, Maggie’s Five Rules for Working with Your Bank or Servicer, http://keepyourhomecalifornia.org/programs/uma.pdf, NEW WEBSITE OFFERS 12 QUESTIONS THAT HELP HOMEOWNERS TO DETERMINE IF THEY MIGHT QUALIFY FOR AS MUCH AS $100,000 IN MORTGAGE ASSISTANCE | ForeclosureHelpSCC, Check the Facts, Figures and How Keep Your Home California is Helping Homeowners | ForeclosureHelpSCC, HOMEOWNERS SHARE THEIR MORTGAGE SITUATIONS AND HOW KEEP YOUR HOME CALIFORNIA HELPED | ForeclosureHelpSCC, HAMP Program Is Extended Until 2015: What does this mean for homeowners in San Jose and Sunnyvale California? 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