To get the help you need today, simply complete the form below and one of our certified housing counselors will contact you as soon as possible

First Name:

Last Name:

E-Mail:

State:

Zip:

Phone:

Best Time:

Help Needed:

                            

The conversion of troubled loans to fixed-rate mortgages would have far-reaching benefits throughout the economy.
  • In the short-term, homeowners would gain the financial relief they desperately need, while in the long-term, restructured loans would help stabilize markets as these formerly toxic assets performed successfully.

  • The significant monthly savings to homeowners would allow for an infusion of cash into the economy, as consumer spending would undoubtedly increase.

  • Banks would avoid significant foreclosure costs, and avoid having a backlog of homes to sell.

  • The restoration of real value to suspect or worthless loans would help to free up the credit market and inspire consumer and investor confidence.

  • American families would be freed from the anxiety that is paralyzing our economy.

States and local municipalities are facing deficits due to reductions in tax revenue due to unproductive consumer behavior. In Connecticut and Massachusetts, for example, governors are already considering drastic measures to offset reductions in revenues derived from sales taxes. Many cities and towns are beginning to face similar reductions in tax revenues due to the property devaluation resulting from home foreclosures - approximately $19,227 per foreclosed home. The benefit of stabilizing the American homeowner through the Home Sweet Home initiative would be realized almost immediately on a state and local level. Confident consumers maintain disposable income, which in turn, is spent throughout local economies