This package provides many different tools for a homeowner to prevent foreclosure of a home. The forms cover various means to obtain assistance at all stages of the foreclosure process. Purchase of this package is a savings of 63% over purchase of the forms individually! Included in this package are the following forms:
1. Letter to Lender for Produce the Note Request
2. Offer by Borrower of Deed in Lieu of Foreclosure
3. Motion to Dismiss Foreclosure Action and Notice of Motion
4. Petition or Complaint to Enjoin Nonjudicial Foreclosure Sale and for Declaratory Relief
5. Petition to Enjoin Foreclosure Sale and Seeking Ascertainment of Amount Owed on Note and Deed of Trust
6. Qualified Written RESPA Request to Dispute or Validate Debt
7. Request to Lender or Loan Servicer for Loan Modification Due to Financial Hardship - Requesting Change to Fixed Rate of Interest of Adjustable Rate
8. Hardship Letter to Mortgagor or Lender to Prevent Foreclosure
9. Sample Letter for Short Sale Request to Lender
10. MHA Request for Short Sale
The New York Home Foreclosure Prevention Package is a comprehensive set of initiatives designed to assist homeowners in New York State who are facing the risk of foreclosure on their properties. It consists of various programs, services, and legal protections aimed at helping individuals and families maintain ownership of their homes and avoid the devastating consequences of foreclosure. One type of New York Home Foreclosure Prevention Package is the Mortgage Assistance Program (MAP). MAP provides financial assistance to eligible homeowners struggling with mortgage payments by offering temporary monthly mortgage subsidies and/or principal reduction funds to make their loans more affordable. This program aims to provide immediate relief to distressed homeowners and help them establish sustainable and affordable mortgage payments. Another component of the package is the Foreclosure Prevention Counseling Program. It offers free or low-cost counseling services to homeowners facing foreclosure. These counselors provide guidance, advice, and intervention strategies to help homeowners explore options and navigate the complexities of the foreclosure process. They assist in reviewing financial circumstances, negotiating with mortgage lenders, and developing customized plans to prevent foreclosure. Additionally, the New York Home Foreclosure Prevention Package incorporates the Homeowner Protection Program (HOPE). HOPE is an initiative that connects homeowners with specialized legal services and housing counseling agencies. These agencies offer legal representation, negotiate loan modifications, challenge unfair lending practices, and provide related legal assistance to homeowners in need. HOPE aims to ensure that homeowners have access to the necessary legal resources and representation throughout the foreclosure process. The package also emphasizes foreclosure prevention education, public awareness campaigns, and outreach activities. It strives to educate homeowners about their rights, available resources, and foreclosure prevention strategies through workshops, seminars, and informational materials. These efforts aim to empower homeowners with knowledge to make informed decisions, seek assistance promptly, and take proactive measures in preventing foreclosure. In conclusion, the New York Home Foreclosure Prevention Package is a comprehensive effort by the state to address the foreclosure crisis and provide assistance to homeowners in distress. By offering programs like the Mortgage Assistance Program, Foreclosure Prevention Counseling, Homeowner Protection Program, and fostering education and outreach, New York aims to mitigate the impact of foreclosure and help homeowners retain their homes.
