Skip to main content

Study Finds That Demand for Housing Counselors Continues

NationalMortgageProfessional.com
Apr 12, 2013

MortgageKeeper Referral Services has released its Homeowner Needs Status Report for the first quarter of 2013 (Jan. 1-March 31, 2013). The report showed that homeowners received more than 300,000 referrals (requests for local assistance) from MortgageKeeper so far in 2013—41 percent more than the level of referrals for the same period last year. The most in demand local assistance categories are housing and credit counseling, assistance with utility, food, and prescription costs, and employment resources. “While the housing crisis is clearly easing, people still need help,” said Rochelle Nawrocki Gorey, president of MortgageKeeper Referral Services. “We are grateful for a stronger housing market, but many homeowners are still underemployed, facing negative equity, or need assistance in securing a smooth transition to rental housing.” Counselors and servicers who subscribe to MortgageKeeper’s database provide struggling homeowners with a list of exhaustively researched, best-in-class nonprofit and government agencies in seconds. Often the agencies are located close to the homeowner, and help them to reduce their monthly expenses and channel this savings into their home loan.
Published
Apr 12, 2013
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021
Interfirst Mortgage Launches ONE, Backed By Non-Owner Occupied Properties

ONE is a unique product built on a single interest rate with no adjustments and qualifies off the cash flow of the rental property.

Industry News
Jul 16, 2021
Global Digital Lending Market Projected To Reach $27B By 2028

The Global Digital Lending Platform Market was valued at $7.14 billion in 2020 and is projected to reach $27.07 billion by 2028.

Analysis and Data
Jul 14, 2021
FOMC Discusses Raising Interest Rates

Inflationary pressures have finally forced the Federal Open Market Committee (FOMC) to discuss raising interest rates and tapering its bond-buying program.

Analysis and Data
Jul 14, 2021
Fathom Holdings Inc. Creates New Hispanic Division

Fathom Holdings Inc., a technology-driven real estate platform, announced the creation of their Hispanic Division to more adequately serve this fast-growing demographic. 

Industry News
Jul 07, 2021