The dedicated housing counselors at JALA have proactively safeguarded 115 homes from foreclosure through a combination of loss mitigation options and rescue funds. Additionally, we have assisted numerous homeowners in comprehending their rights and evaluating alternatives to prevent foreclosure, ensuring favorable outcomes for their unique situations. By providing borrowers with essential information, we empower them to make informed decisions about their next steps, fostering successful homeownership both now and in the future.
Our foreclosure prevention efforts extend support to families facing the challenges of losing a home, especially when no loss mitigation options or funds are available. While our primary focus is on preserving homes from foreclosure, we have also played a crucial role in aiding renters by equipping them with valuable information to help them maintain their residences. As a legal aid, we take pride in our role of saving homes, recognizing that our success is greatly amplified through the invaluable guidance and partnership with JALA attorneys.
To break down the numbers:
- 67 homes saved through COJ funding
- 48 homes saved through loss mitigation