MAY 2015
KeepYourHomeCalifornia | Newsletter

New Keep Your Home California TV spots!

Foreclosure Prevention Workshops

Keep Your Home California is partnering with the Alliance of Californians for Community Empowerment (ACCE) to host three foreclosure prevention workshops in three different cities in June. At the events, homeowners will have the opportunity to learn how they may qualify for up to $100,000 in mortgage payment assistance, as well as apply for program assistance with certified Keep Your Home California counselors.

 

The first event will be held at the Rural Community Assistance Corporation office in West Sacramento on June 6 from 10am-2pm. A flyer for the event has been posted on our website and anyone interested in attending can call (855) 286-4912 ext. 9 to register for the event or get more information. The next two events will be held on June 20 in Oakland and on June 27 in Los Angeles. More information about those two events will be posted on the Keep Your Home California Calendar of Events webpage soon.

Introducing Keep Your Home California's Community Outreach Liaison

We would like to introduce our new Community Outreach Liaison, Denise Teora. Denise will be responsible for the coordination and execution of the community outreach effort for Keep Your Home California. In this role, she will act as the primary point of contact for community organizations as well as represent Keep Your Home California at  outreach events.

 

Denise has worked for the California Housing Finance Agency (CalHFA) for over 10 years, with more than 25 years of experience in the real estate industry. If you have an upcoming event where attendees may benefit from having Keep Your Home California information onsite, please contact Denise at  [email protected] with the event details.


Funding
(as of May 28, 2015)

Programs
  
Homeowners Assisted
Total Amount Distributed
Unemployment Mortgage Assistance
36,344
$524,260,881.75
Principal Reduction Program
5,834
$350,233,248.69
Mortgage Reinstatement Assistance Program
9,104
$125,107,024.10
Reverse Mortgage Assistance Pilot Program
61
$708,334.51
Transition Assistance Program
875
$3,115,129.66
Total Program
Funds Allocated
52,218
$1,003,424,618.71
Recent Blog Post:
Affordable mortgage payments are a big-time concern for many homeowners in California, especially for families whose income has declined in recent years.... Read More    
Success Story: Iris O. 

Homeowner Iris O. had a difficult - and different - situation.

 

She bought a house with her parents in Sanger, California. But when she became engaged, she moved out of the house. Then, her father lost his longtime job. Read More  

Monthly Question & Answer

A: Homeowners who have received program benefits and signed the Keep Your Home California Note, Deed of Trust and Benefit Award letter may be eligible to withdraw from the program; however, any existing lien that has been recorded will remain on the property until such time the Keep Your Home California Note has been paid in full or the term of the Keep Your Home California Note has expired, whichever occurs first.


See more frequently asked questions

Drought Information

The California drought has already had a significant impact on all residents of the state and we are now about to enter the driest time of the year. Going forward, we plan to share information about water conservation in our monthly newsletters to help Californians better understand what they can do to help. This month's installment comes to us from the Department of Housing and Community Development.  

 

As the state begins its fourth consecutive summer of drought, you may be running out of ideas for how to conserve water in your home and in your yard. Below are a few state and national resources. 

 

Water Conservation:

To see all Servicer Scorecards, please visit the Participating Servicers webpage.



May 30, 2015
10:00am - 3:00pm
Orange County
Homeownership Fair
Anaheim, CA
June 6, 2015
10:00am - 12:00pm
Mortgage Assistance Clinic
Los Angeles, CA
June 6, 2015
10:00am - 2:00pm
Foreclosure Prevention Workshop
West Sacramento, CA
June 6, 2015
11:00am - 3:00pm
Homeownership Fair
Oxnard, CA
June 13, 2015
9:00am - 1:00pm
Housing Clinic
Oakland, CA
June 13, 2015
9:00am - 4:00pm
First Time Home Buyer Course
Oakland, CA
June 20, 2015
8:30am - 4:30pm
Homebuyer Education Workshop
Oxnard, CA
June 24, 2015
10:00am - 7:00pm
Foreclosure Prevention Workshop
Los Angeles, CA
June 24, 2015
1:00pm - 7:00pm
First Time Home Buyer Course
Oakland, CA
June 27, 2015
10:00am - 12:00pm
Los Angeles, CA
FOLLOW US
www.KeepYourHomeCalifornia.org - 888.954.KEEP(5337)