Martin OMalley, Governor

1
HOPE Foreclosure Prevention Initiative
Martin O'Malley GOVERNOR Anthony G. Brown LT.
GOVERNOR Raymond A. Skinner SECRETARY
Clarence J. Snuggs DEPUTY SECRETARY
2
MISSION

• The Maryland Department of Housing and Community
  Development works with partners to finance
  housing opportunities and revitalize great places
  for Maryland citizens to live, work and prosper.

3
Homeownership Preservation Task Force

• Three Strategy Areas

4
Homeownership Preservation Task Force

• Three Strategy Areas
• Financial Resources

5
Homeownership Preservation Task Force

• Three Strategy Areas
• Financial Resources
• Regulatory/Legislative Reform

6
Homeownership Preservation Task Force

• Three Strategy Areas
• Financial Resources
• Regulatory/Legislative Reform
• Consumer Outreach Education

7
FINANCIAL RESOURCES
8
FINANCIAL RESOURCES

• Bridge to HOPE

9
FINANCIAL RESOURCES

• Bridge to HOPE
• Lifeline

10
FINANCIAL RESOURCES

• Bridge to HOPE
• Lifeline
• Homesaver

11
FINANCIAL RESOURCES

• Bridge to HOPE
• Lifeline
• Homesaver
• Foreclosure counseling grants 2 rounds totaling
  close to 3 million

12
FINANCIAL RESOURCES

• Bridge to HOPE
• Lifeline
• Homesaver
• Foreclosure counseling grants 2 rounds totaling
  close to 3 million
• National Foreclosure Mitigation Counseling
  program (NFMC) 900k

13
REGULATORY/LEGISLATIVE REFORM
DEPARTMENT OF LABOR LICENSING REGULATION
(DLLR)
14
REGULATORY/LEGISLATIVE REFORM

• DEPARTMENT OF LABOR LICENSING REGULATION (DLLR)
• New Legislation

15
REGULATORY/LEGISLATIVE REFORM

• DEPARTMENT OF LABOR LICENSING REGULATION (DLLR)
• New Legislation
• Fraud Prevention

16
Consumer Outreach and Education

• Mortgage Late Dont Wait

17
Consumer Outreach and Education

• Mortgage Late Dont Wait
• Media

18
Consumer Outreach and Education

• Mortgage Late Dont Wait
• Media
• TVRadioBus AdsBillboards

19
Consumer Outreach and Education

• Mortgage Late Dont Wait
• Media
• TVRadioBus AdsBillboards
• Mailings

20
Consumer Outreach and Education

• Mortgage Late Dont Wait
• Media
• TVRadioBus AdsBillboards
• Mailings
• 680K

21
Consumer Outreach and Education

• Mortgage Late Dont Wait
• Media
• TVRadioBus AdsBillboards
• Mailings
• 680K
• Housing Fairs

22
Consumer Outreach and Education

• Mortgage Late Dont Wait
• Media
• TVRadioBus AdsBillboards
• Mailings
• 680K
• Housing Fairs
• FederalLocalNonprofit

23
Consumer Outreach and Education

• Mortgage Late Dont Wait
• Media
• TVRadioBus AdsBillboards
• Mailings
• 680K
• Housing Fairs
• FederalLocalNonprofit

24
Consumer Outreach and Education

• Hotlines
• Maryland HOPE Hotline
• 877-462-7555
• National HOPE Hotline
• 888-995-HOPE

25
Consumer Outreach and Education

• DHCD WEB SITE
• www.mdhope.org

26
Consumer Outreach and Education

• Housing Counseling
• Network of dedicated consumer advocates
• Objective, Free and Confidential
• Provide Analysis of Family Budget
• Provide Options for Home Retention or Liquidation
• Help Negotiate Solutions with Lenders/Servicers

27
HOPE NONPROFIT NETWORK
Garrett Co. CAC
Belair Edison
NHS
SECDC
Druid Heights CDC
Tri-Churches
Eastside CDC
We Are Family
Acorn
Washington
Home Partnership
Allegany
Cecil
Harford
Carroll
MRDC
Frederick
Garrett
Baltimore
Baltimore City
Washington Co. CAC
Kent
Howard
Queen Annes
Anne Arundel
Montgomery
Frederick Community Action
Homefree USA
ACDS
LEDC
Caroline
HIP
Delmarva Community Services
Prince Georges
Talbot
Kairos
HOC
Calvert
Greater Washington Urban League
Charles
Dorchester
SEED
STATEWIDE
St. Marys
Wicomico
Roots of Mankind
Salisbury NHS
Worcester
Housing Options Planning Enterprises
St. Ambrose
Somerset
SMTCAC
Civil Justice
Shoreup!
28
MOVING FORWARD
Martin O'Malley GOVERNOR Anthony G. Brown LT.
GOVERNOR Raymond A. Skinner SECRETARY
Clarence J. Snuggs DEPUTY SECRETARY