Making Home Affordable (MHA) is an important part of the Obama Administration’s comprehensive plan to stabilize the U.S. housing market by helping struggling homeowners to get mortgage relief and avoid foreclosure. MHA is an official program of the Departments of the Treasury & Housing and Urban Development (HUD).
HOPE NOW is an alliance between counselors, mortgage companies, investors, and other mortgage market participants in outreach efforts to help distress homeowners stay in their homes. The members of this alliance recognize that by working together in a unified, coordinated manner, they will be more effective than by working independently. Click here to see a full list of Alliance members. The Department of the Treasury HUD and encouraged leaders in the lending industry, investors and non-profits to form this alliance.
On March 22, 2012, Thursday, MHA and HOPE NOW are holding a Help for Homeowners Community Event at the Los Angeles Convention Center, 1201 South Figueroa Street, (Entrance on Pico Blvd. and Figueroa St.) Los Angeles, CA 90015, from 1:00 p.m. – 8:00 p.m. Be sure to arrive early so you could be in the front of the line. At this event, homeowners will attend an informational workshop, after which they will have the opportunity to meet one-on-one with their mortgage company or a HUD-approved housing counselor to find options to avoid foreclosure. For the face-to-face meeting, you will need the following documents and forms:
- Request for Mortgage Assistance form
- IRS Form 4506T-EZ and/or the last two years of tax returns
- Monthly mortgage statement
- Information about other mortgage on your home, if any
- Two most recent pay stubs for all household members contributing toward mortgage payment
- If self-employed, the most recent quarterly or year-to-date Profit and Loss Statement
- Documentation of Income you receive from other sources (alimony, child support, social security, etc.)
- Two most recent bank statements
- A utility bill showing homeowner name and property address
- Unemployment insurance letter, if applicable
For more information, visit MakingHomeAffordable.gov to download forms. You can call 1-888-995-HOPE (4673) to get free help putting your documents together. It is very important that you have all your paperwork with you or you will not be able to have your one-on-one meeting.
Free parking is available in the South Hall garage. Garage entrance is on Venice Boulevard or Pico Boulevard. If you take the Metro Rail – you would get off at the Pico Station.
MHA has held 65 of these events of date and is looking to do more in the future. However, the next one for Los Angeles will be 5-6 months away. So don’t miss this opportunity. MHA will be asking you to complete an exit survey which will help them improve their future events.
As a side note, a similar event for Sacramento, California will be held on Tuesday, March 20, 2012, at the Sacramento Convention Center, 1400 J Street, Hall D, Sacramento, CA 95814. Complimentary parking is in the Memorial Garage only. Garage entrance is on 14th and H Streets. For Light Rail commuters – exit Cathedral Stop.