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Diane Publishing Books
Foreclosure Counseling Outcome Study: Final Reoprt
Anna Jefferson (au); Raphael W. Bostic (fr)
This report documents the circumstances of housing counseling clients enrolled in foreclosure and pre-purchase counseling in fall 2009 at a broad sample of the Dept. of Housing and Urban Development (HUD)-funded housing counseling agencies across the country. It provides information on who accesses counseling services when facing challenges in paying their mortgage loan, what services those clients obtain, and identifies the outcomes the clients experienced in the following 18 months). Some findings include: Most study participants had tried to contact their servicer when they first fell behind but had not been successful in negotiating with their lenders; and with a counseloräó»s help, 69% of counselees obtained a mortgage remedy, and 56% were able to become current on their mortgages. Figures and tables. This is a print on demand report.
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