KeepYourHomeCalifornia | Newsletter

2016 Second Quarter Report

The 2016 second quarter "Quarterly Performance Data Report" was recently posted on the Keep Your Home California website and the charts on the Reports and Statistics webpage were updated with the new information. The report describes recent progress for Keep Your Home California, as we end the first half of 2016. Some of the highlights from the report include:
Homeowner Stories In Their Own Words

Each month in the newsletter, we include a different Success Story from a real homeowner who received Keep Your Home California assistance. You can also see some homeowners' stories in our Video Testimonials.

However, there are many other homeowners who have qualified for the program, but do not appear on the Keep Your Home California website. We hear from homeowners on a regular basis through phone calls, emails, thank you cards, etc. - and we certainly appreciate them taking the time to share how the program has impacted their lives.

Recently, we received several emails from homeowners, sharing their experiences with Keep Your Home California. We have included a few of those below.

From Carrie V: "KYHC was essential to my navigating through a very challenging time. I'm happy to say that I have found a job and will soon be able to resume responsibility for all my obligations. The program allowed me to stay current on all my bills during the time I was looking for work because the mortgage was being covered by the program. Losing your job is never easy;  KYHC kept it from being a devastating experience. I was always treated with the utmost care while finding the program that was right for my situation. I had a lot of questions. Your associate partners always provided me answers timely and in a manner I could fully understand no matter who answered the call. The process was seamless. I wish I could call out specific names, but honestly everyone was equally knowledgeable and courteous. My story would be completely different if a coworker, who was also displaced, hadn't shared your website with me. I am happy to help you get the word out in any way I can. Thank you everyone who makes this program possible!"

From Wilson & Precilyn: "I would like to thank you for helping us. My plant closed down January, and my wife lost her job in March. Without this program, we may have already lost our house as my severance pay was finished in the end of April with our savings running low. I was approved for the program right on time in the beginning of May. I hope we will be back on our feet soon because of this assistance."

From Sanaz: "I want to take the time to tell you thank you so much for helping my children and I stay in our home. You made a miracle possible. Your representatives were very helpful. They gave me some ease during this traumatic time. Because of KYHC and all the people involved in helping, my life has made a turn for the better. I was given more than I ever expected. KYHC was very persistent in wanting to help my children and I. KYHC was a perfect partner, the kind people wish for in their dreams. The matter at hand was urgent, and they worked as quickly as possible. They had my back like a true friend. Not only did my home get saved because of KYHC, but they turned my traumatic experience with my bank into a positive one. My children and I are eternally grateful to Keep Your Home California. Thank you from our hearts to yours. Bless you Keep Your Home California."

Call Center Closed on September 5    

In observance of Labor Day, the Keep Your Home California call center will be closed Monday, September 5. Regular business hours will resume on Tuesday, September 6. You can find a complete list of the dates the call center is closed on our Before You Call webpage. 
(as of August 30, 2016)

Homeowners Assisted
Total Amount Distributed
Unemployment Mortgage Assistance
Principal Reduction Program
Mortgage Reinstatement Assistance Program
Reverse Mortgage Assistance Pilot Program
Transition Assistance Program
Total Program
Funds Allocated
Recent Blog Post:

Keep Your Home California eligibility requirements protect taxpayer funding
If a close relative trusted you with a lot of money and wanted you to spend it wisely, you would feel a sense of duty and responsibility, right?

Well, that's the situation for Keep Your California.

Uncle Sam - also known as the U.S. Treasury Department - has issued $2.36 billion to Keep Your Home California during the past five years, with the funds reserved to help homeowners who are struggling with their mortgages due to a financial hardship.

The goal has always been to help prevent avoidable foreclosures and ensure that homeowners who receive assistance are re-positioned in a way that ensures they will be able to make their payments going forward. The ideal outcome is to stabilize communities for the long-term, not simply kick the can down the road.

However, an equally important goal for Keep Your Home California is to be good stewards of the federal funds - your tax dollars.

Success Story: Jereen W.
'There isn't a day that goes by that I'm not thankful for my home'

When homeowner Jereen W. was dealing with health issues and got behind on her mortgage payments, she received some helpful and sage advice - apply for Keep Your Home California.

A debt counseling agent mentioned the free mortgage-assistance program.

Her church leaders talked about the federally funded, state-managed program.

And her uncle even had benefited two years earlier from Keep Your Home California.

Read More    
Monthly Question & Answer

A: Principal Reduction Program benefits will be disbursed to your first mortgage servicer after you have been determined eligible* and you have signed and returned the Keep Your Home California Note, Deed of Trust and Benefit Award letter.

*If your Principal Reduction Program benefits are provided in conjunction with a loan modification, program benefits will be disbursed to your first mortgage servicer following your successful completion of the loan modification trial payments and after you have signed and returned the Keep Your Home California Note, Deed of Trust and Benefit Award letter. For additional information on this requirement, please see Section 8 of the Principal Reduction Program Summary Guidelines.
Water Saving Tips

Pluging the sink instead of running the water to rinse your razor saves up to 300 gallons a month.

For more tips on what you can do to save water, please visit the Save Our Water website.
To see all Servicer Scorecards, please visit the Participating Servicers webpage.
September 1, 2016
11:00am - 3:00pm
Senior Day at the Monterey County Fair
Monterey, CA
September 2, 2016
11:00am - 3:00pm
Veteran's Connect at the Monterey County Fair
Monterey, CA
September 9, 2016
10:00am - 1:00pm
Asm. Kim Veterans Resource Fair
Buena Park, CA
September 10, 2016
9:00am - 1:00pm
15th Annual Homeownership Fair
Los Angeles, CA
September 13, 2016
10:00am - 3:30pm
Resources & Strategies for Homeownership in the San Joaquin Valley
Clovis, CA
September 14, 2016
9:00am - 6:00pm
Wells Fargo Home Preservation Workshop
Milpitas, CA
September 14, 2016
6:00pm - 7:30pm
Asm. Dababneh Community Meeting
Canoga Park, CA
September 17, 2016
8:30am - 4:30pm
Homebuyer Education Workshop
Oxnard, CA
September 23, 2016
9:00am - 3:00pm
Native American Day
Sacramento, CA
September 24, 2016
8:30am - 5:30pm
Homebuyer Education Workshop
Ventura, CA

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