On March 4, 2009 the Obama administration kicked off a new program, comprehensive Homeowner Affordability and Stability Plan (HASP), that’s designed to help up to 9 million borrowers stay in their homes through refinanced mortgages or loans that are modified to lower monthly payments.
Millions of homeowners are struggling to make their monthly mortgage payments either because their interest rate has increased or they have less income. Many of them are seeking information to see whether or not they are eligible for a special ‘Making Home Affordable’ loan modification or refinance, to reduce their monthly payments and to keep their homes.
The Department of Housing and Urban Development (HUD) and its HUD-approved housing counseling agencies are available to provide a free of charge Foreclosure Prevention counseling service. These agencies are funded, in part, by HUD and NeighborWorks®America.
DysTech is proud to support President Obama’s agenda and the Homeowner Affordability and Stability Plan by developing and implementing an interactive Foreclosure Avoidance Counseling search page on a segment of the HUD website. This page allows homeowners to find HUD-approved housing counseling agencies in all 50 States and territories.
You can visit this page by navigating to http://www.hud.gov/offices/hsg/sfh/hcc/fc/. You also can navigate there by opening the HUD website at www.hud.gov , navigate to Guide to Avoiding Foreclosure box on the right side and clicking ‘Guide to Avoiding Foreclosure’ link. On the Guide to Avoiding Foreclosure page, select ‘Talk to a foreclosure avoidance counselor’ link.
Gregg Greenfield, the Chief Operating Officer of DysTech, stated “I am extremely proud of our project team led by Andrey Ignatov. Our development team demonstrated a great level of commitment, responsibility, knowledge, and ferocity by completing this task in a very condensed time frame. It was a pressing deadline to have this segment of the HUD website available before the Obama administration announced the program on March 4, 2009.”
Since its deployment, this segment of the HUD website is averaging 60,000 hits a day and is only second in visits to the www.hud.gov home page.