Foreclosure Prevention

Foreclosure Prevention Counselor
Yesenia Casillas is a bilingual foreclosure prevention counselor who helps families who are facing with foreclosure.  She is committed to finding the best solution for every family’s unique situation and to keeping families in their homes whenever possible.

Foreclosure Prevention Services (No Fee)
NEW offers one-on-one counseling designed to protect a family’s most valuable asset, their home. NEW’s foreclosure prevention counselors analyze each family’s individual situation, identify resources to address the situation, develop plans for addressing individual issues and identify options for preventing home foreclosure.  

NEW can provide the following services:
  • Early delinquency intervention
  • Budgeting
  • Credit recovery
  • Anti-predatory lending advice
  • Lender negotiations

Cash for Keys
In some situations when families are simply unable to continue paying mortgage, it may be possible to receive cash to help pay the relocation expenses of moving to a new home.  Ask a NEW foreclosure prevention counselor about “Cash for Keys” programs.

You May Qualify for Compensation
If your home was involved in a foreclosure process in 2009 or 2010, you may qualify for compensation.  Let NEW’s foreclosure counselors help determine if you are eligible for a free Independent Foreclosure Review.  The Independent Foreclosure Review will determine whether individual borrowers suffered financial injury and should receive compensation because of errors or other problems during their home foreclosure process.  For more information, call NEW’s foreclosure counselor at (213) 977-1089 x106 or visit www.independentforeclosurereview.com.

Scam Alert
NEW reminds the public not to pay for foreclosure prevention assistance.  There are companies who are taking advantage of families facing foreclosure by offering bogus loan modification programs for which they charge fees. If you think you may have been the victim of a loan modification scam, click here to submit a complaint.

Contact
Call the NEW Homeownership Hotline at (213) 977-1089 x106 and ask about Foreclosure Prevention Assistance.