"FORECLOSURE PREVENTION" WORKSHOPS
Learn about your options regarding mortgage foreclosure and how you
may be able to avoid loosing your home. Call Community Services of Nevada at (702) 307-1710 to register for their workshop.
If you are at-risk of foreclosure and need help, communication is key. Here are two numbers you can call for assistance. And, as always, you can contact any of my offices for additional help.
Consumer Credit Counseling Service
Addtional Hotline Numbers
888-995-HOPE is available:
When a constituent calls 888-995-HOPE:
In 2006, over 40,000 homeowners sought help through our counseling. Nearly half have avoided foreclosure by working out new loan terms or by selling their home. Currently call volume is increasing by 25% every 6-8 weeks. Callers tend to be female, married, with children, mid to lower income.
In-person counseling is provided by NeighborWorks® organizations, located around the country in all 50 states, Puerto Rico and the District of Columbia. NeighborWorks® organizations are chartered by NeighborWorks® America, a national nonprofit created by Congress to provide financial support, technical assistance, and training for community-based revitalization efforts.
If you need more information:
Most Frequently Asked Questions About Foreclosures:
I am deeply concerned about the effects that widespread foreclosures have had on Nevadans and the national economy. I have worked hard to keep this problem from growing as it has. In 2007 my colleagues and I allocated up to $50 million for housing counseling in the FY 2008 appropriations bill.
During summer of 2008, I was pleased that Congress worked in a bipartisan fashion to pass the Housing and Economic Recovery Act of 2008 (P.L. 110-289), which provides additional pre-foreclosure counseling and improves disclosure within the mortgage process. For our dedicated military families, this bill extends the moratorium on foreclosure proceedings from three to nine months and provides one year of relief from increases in mortgage-interest rates from the date of a service member’s return from duty. The housing bill also authorized the HOPE for Homeowners (H4H) program to help distressed homeowners refinance into a mortgage they can afford.
Most recently, Congress passed the Emergency Economic Stabilization Act of 2008. This measure expanded the eligibility requirements for the H4H program.
The housing crisis is at the core of the financial crisis and I remain committed to working on ways to stabilize the housing market and bring relief to deserving families. For answers to some of the most frequently asked questions about the foreclosures and the federal government’s response to the housing crisis please click here.
RenoBruce R. Thompson
Courthouse & Federal Bldg
400 S. Virginia St, Suite 902
Reno, NV 89501
Washington DC522 Hart Senate Office Bldg
Washington, DC 20510
Toll Free for Nevadans:
Carson City600 East William St, #304
Carson City, NV 89701
Phone: 775-882-REID (7343)
Las VegasLloyd D. George Building
333 Las Vegas Boulevard
South, Suite 8016
Las Vegas, NV 89101