Keep My TN Home ends this month!

The Keep My Tennessee Home program is running out of money and winding down.  It will not be renewed.  When it is gone, it is gone. If you have been putting off applying, don't delay any longer!

If interested in the program, call me.  I will screen you on the phone and not waste your time.

Rod Williams 615-850-3453
This is for middle Tennessee homeowners only.

Last chance for Keep My Tn Home program

The Keep My TN Home program which can provide up to $40,000 in free money to help those who have experience a housing hardship, is coming to an end very, very soon. If you think you may qualify, call me. I will evaluate you over the phone. I can speed up the process. Your best chance of getting this program before it ends is by contacting me: Rod Williams 615-850-3453. Middle Tennessee residents only.

I was the Counselor who helped Ms Phyllis Qualls-Brooks save her home. Call me and let me see if I can help you.

I was the Counselor who helped Ms Phyllis Qualls-Brooks save her home. Call me and let me see if I can help you. Rod Williams 615-850-3453

Keep My Tennessee Home winding down. To take advantage of this program. Do not delay.

To take advantage of this program, do not delay. I don't know for sure when the program will end but it will be soon. We have first heard  from THDA that the program could end as early as January but then more recently we heard it may last until March or April. If you think you may be eligible for this program, don't delay. When it ends, I do not know if we will be told to not take new applications but to continue to work those who are in the pipeline, or if we will be told to stop submitting files.

From the time I have a complete file, it still takes about six weeks to get an application approved. Often it takes a client up to a month, sometimes longer, to get their documents to me.

If you make contact directly with me, I will shorten the process for you. Tell me you are being referred from this website and you will get to skip the class that clients normally have to go to before they see a counselor. Also, not to be immodest but I am one of the most experienced and successful counselors working this program. I have over twenty years experience as a housing counselor and know the KMTH program and other work-out options inside and out. I am one of the best and, I won't waste your time. If you are not eligible, I will tell you. Also, feel free to call for a phone screening. There is no cost for our services. There is no cost for getting the Keep My TN Home assistance.

If you qualify, what Keep My TN Home can do for you is bring your loan current and make your house payment for up to three years or until $40,000 is spend on your behalf. I know that sounds unbelievable and too good to be true, but it is. I am not offering an opinion of whether or not I think it is a good policy or a wise policy. I don't make policy or comment on policy on this blog, I am just trying to drum up some business.  Why would I do that? I don't make any money off of serving you, but I do want to be a productive employee and maintain a record as a high producer. Who knows? When this program ends, there may be less demand for housing counselors and I want to remain one of the best in the business. So, call me and let me help you save your home. Rod Williams 615-850-3453.

To be eligible, you must of lost your job or had a decrease in income or suffered another eligibility hardship through no fault of your own. There are some other restrictions but most people meet the other requirements. Don't assume you are not eligible. Don't immediately register on the Keep My Tn website, call me first. 

If you are closer to Memphis or Knoxville or Chattanooga than Nashville you need to be served somewhere else; go to this website: http://www.keepmytnhome.org. This program is only for Tennessee residents but about 19 other states have their own version of the same program. Nationally the program is know as the Hardest Hit program.

Keep My TN Home: On the Steps of Foreclosure

Save a couple steps, speed up the process and let me help you.There is no charge for my services. Call me and I can do a preliminary screening over the phone.  I won't waste your time if you are not eligible.

Rod Williams
Senior Housing Counselor
Woodbine Community Organization
222 Oriel Ave., Nashville, TN 37210
Work phone #: 615-850-3453
FAX: 615-833-9727
web site: Woodbinecommunity.org

Nearly 1.3 Million Homeowner Assistance Actions Taken through Making Home Affordable

More than 1 million homeowners have received a permanent modification through the Home Affordable Modification Program (HAMP). These homeowners have reduced their first lien mortgage payments by a median of approximately $539 each month – more than one-third of their median before-modification payment – saving a total estimated $15 billion to date in monthly mortgage payments.

Nearly 94,000 second lien modifications have been completed through the Second Lien Modification Program (2MP), and over 71,000 homeowners have exited their homes through a short sale or deed-in-lieu of foreclosure with assistance from the Home Affordable Alternatives Program (HAFA).

87% of eligible homeowners entering a HAMP trial modification since June 1, 2010 have received a permanent modification with an average trial period of 3.5 months.

Homeowners currently in HAMP permanent modifications with some form of principal reduction have been granted an estimated $7.2 billion in principal reduction. 81% of eligible non-GSE borrowers entering HAMP in August have received some form of principal reduction with their modification.

If you think you may qualify for a  Home Affordable Modification Program or the Hardest Hit fund, improve your chances of getting approved by letting an experienced housing counselor assist you. The service is free. You will never pay a dime for letting a HUD-approved housing counselor help you resolve your housing need. For assistance in middle Tennessee call Rod Williams 615-850-3453.

The Hardest Hit Fund is Available to Help Homeowners in 18 States and the District of Columbia

Paul O. and his wife outside their home in North Carolina.

Reposted from US Treasury

By: Mark McArdle

7/28/2011

Struggling with mortgage payments and facing the prospect of foreclosure can be overwhelming and frightening for homeowners. In 2010, the Obama Administration launched the Hardest Hit Fund to help homeowners avoid foreclosure in the areas hardest hit by steep home price declines and unemployment. Through the program, participating housing finance agencies (HFAs) in 18 states and the District of Columbia are implementing a variety of different initiatives to help homeowners struggling with their mortgage payments. All participating HFAs are now operating programs widely and offering assistance to homeowners.
The North Carolina program—the N.C. Foreclosure Prevention Fund—pays an unemployed worker’s mortgage for up to 24 months (up to $24,000) while they are enrolled in an educational or training program or are searching for a new job. In high-unemployment counties, the cap is 36 months. The funds are provided as a zero-interest loan to the homeowner, which does not have to be repaid if the homeowner continues to live in their home for 10 years. The loan can also be used by homeowners who are seeking employment because of a financial hardship such as a divorce, or who have become re-employed but need to bring their mortgage current because they fell behind during a recent period of unemployment.

Paul O. has experienced the benefit of the Hardest Hit Fund first hand. After 17 years as a shipping and warehouse supervisor for an electronics manufacturer in Winston-Salem, he was laid off in February 2010. While disappointed, Paul had peace of mind on the day he was laid off. Paul says that was because of the information he had received from the Governor’s Workforce Rapid Response Team about the N.C. Foreclosure Prevention Fund.

The Rapid Response Team offers early intervention for workers like Paul who are affected by layoffs or closures throughout North Carolina. Led by the N.C. Department of Commerce and local workforce development professionals, with funding from the U.S. Department of Labor, a Rapid Response team meets with companies planning layoffs or closures and their employees on short notice and in confidentiality. The N.C. Housing Finance Agency’s outreach teams have participated in nine rapid response deployments within the past year, providing resources and information to over 4,000 displaced workers who may be eligible for assistance. Partnerships like these allow the state to target outreach directly to individuals who are likely to be eligible for assistance.
Paul says that what he learned about the N.C. Foreclosure Prevention Fund during his Rapid Response meeting last November gave him his greatest comfort—knowing that a program was available to help him keep his home during the transition. He left that meeting with a notebook full of materials that gave him a sense of direction and hope. One of the pages he dog-eared instantly was the flier for the N.C. Foreclosure Prevention Fund.
“We don’t want homeowners to wait until they’re in foreclosure to use our loans,” said Betsy Rozakis, the Housing Finance Agency’s CFO and director of the N.C. Foreclosure Prevention Fund. “Our goal is to provide help before they’re in foreclosure, and before they have depleted their retirement savings or ruined their credit.”
Paul is now enrolled at Forsyth Community College to get an advanced certification in shipping and warehouse management that will help him become more competitive in a job market he has not had to venture into in over 17 years. Paul believes this has only been possible because of the N.C. Foreclosure Prevention Fund. The N.C. Housing Finance Agency will use loan funds to pay his mortgage and homeowner’s association dues through June 2013, while he finishes his education and seeks re-employment.
Hardest Hit Fund programs vary state to state, but may include the following:

• Mortgage payment assistance for unemployed or underemployed homeowners
• Principal reduction to help homeowners get into more affordable mortgages
• Funding to eliminate homeowners’ second lien loans
• Help for homeowners who are transitioning out of their homes and into more affordable places of residence.

Homeowners in participating states can apply for the Hardest Hit Fund through 2017, or until all program funds are allocated for homeowner assistance. For more information about the program in your state, contact your HFA directly.