One of the leading agencies in Connecticut that provides resources to all parties involved in the housing crisis is the Connecticut Fair Housing Center. The non-profit organization serves as a resource for homeowners, borrowers, consumer attorneys, housing counselors, government agencies, predatory lending relief and policy makers on foreclosure prevention, mortgage lending discrimination issues, and responsible lending. Some of the various services and programs they offer and/or can refer people to include the items listed below.
Connecticut Foreclosure Prevention Pro Bono Panel - This center coordinates resources to offer homeowners information on a limited number of volunteer attorneys who are available to assist low-income homeowners across the state who are in danger of foreclosure. Dial 1-800-453-3320, or click here to find additional free legal foreclosure programs.
Connecticut Fair Alternative Mortgage Lending Initiative & Education Services (CT FAMLIES) Program: These are two programs that were created by the government of the state of Connecticut.
The first option is the CT FAMLIES Program. This is a refinance mortgage assistance program and it has been established by Connecticut Housing Finance Authority (CHFA) for low-to-moderate income first-time homebuyers to help them with Adjustable Rate Mortgages (ARMs).
Another option is EMAP, which provides financial assistance and funds to state homeowners facing foreclosure who are experiencing a short term crisis or a financial hardship.
Connecticut foreclosure mediation - If you are behind or were served a foreclosure notice, you are entitled to ask for mediation. Click here to learn more.
Foreclosure Prevention Clinic: Various clinics are offered from time to time as well. For information on the Foreclosure Prevention Clinics, where they are held as well as when classes are being held, where to go for a clinic, and how to pre-register, call the Connecticut Fair Housing Center.
Fair lending and predatory mortgages - Unfortunately many borrowers were provided with illegal home loans and mortgages by their banks and lenders. Another service that is offered by the Connecticut Fair Housing Center is the fact that staff from the non-profit center will work with homeowners to ensure that the state of Connecticut lending laws protect homeowners. In particular, the Center is concerned about the effect that the foreclosure crisis is having on minority communities and those of color. This predatory lending law put common sense restrictions on the kinds of mortgages and home loans that are in large part responsible for the foreclosure crisis. The laws also established a range of foreclosure prevention programs to assist homeowners in danger of losing their home to a foreclosure filing.
To learn more about these programs or others, or to apply for help, dial (888)247-4401.
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