Operation Holiday Home Protection
Submitted by Carol A. Clark
From the Office of the Attorney General:
ALBUQUERQUE – Anyone facing foreclosure or finding it hard to make their mortgage payments, Keep Your Home New Mexico, a program run by the Office of the Attorney General may be able to help.
Attorney General Hector Balderas has announced that the program has a new toll free number: 1-800-220-0350. By calling this number or by visitingwww.keepyourhomenewmexico.org, New Mexicans can get assistance that may help keep them in their homes.
“Foreclosure can feel like a hopeless, scary situation, but the worst thing you can do is nothing at all. Ignoring the problem will only make it worse so please contact Keep Your Home New Mexico if you need assistance,” Balderas said.
The most common causes for foreclosure problems are major illness, unemployment or divorce, but there are countless other reasons as well. The Attorney General wants New Mexican families to know that just because they have fallen behind on their mortgage does not mean that they need to lose their home. There are programs in place to assist homeowners get back on track and if they are truly no longer able to afford to stay in the home, programs also exist to help with a “graceful exit”.
Help is available, including mortgage company programs that can reduce your payment or help you through a temporary financial crisis. If you are facing foreclosure, Attorney General Balderas urges you to take action by calling 1-800-220-0350 or visiting www.keepyourhomenewmexico.org.