Keep Your Home California has just announced a new pilot program to assist low to moderate income senior homeowners to avoid foreclosure on their reverse mortgages.
The Reverse Mortgage Assistance Pilot Program is intended to help financially distressed homeowners 62 years or older who have a FHA Home Equity Conversion Mortgage. It will help seniors assess their overall budgetary health, to manage their expenses.
If you have any questions about the program or would like to speak with a Keep Your Home California or Fannie Mae representative, please contact Ron Trujillo at (559)289-8797 or firstname.lastname@example.org.
All of the participating servicers are listed on the Reverse Mortgage Assistance Pilot Program Web Page, along with contact info for each of the servicers:
To learn more, visit http://keepyourhomecalifornia.org/
Their website also has a Spanish version http://conservatucasacalifornia.org/