Thursday, August 9, 2007

Foreclosure hot line gets 1,008 calls from Mich. residents

Foreclosure hot line gets 1,008 calls from Mich. residents
August 7, 2007

BY MARGARITA BAUZA

FREE PRESS BUSINESS WRITER

A national hot line that counsels homeowners on avoiding foreclosure received 1,008 calls from Michigan residents in the last three months. Michigan ranked ninth among the states that placed the most calls to the Homeownership Preservation Foundation’s national foreclosure hot line.

Those were call figures for foundation’s second quarter, which ended June 30.


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The Homeownership Preservation Foundation is a nonprofit dedicated to reducing foreclosures among American homeowners. It runs a free counseling hot line: 888-995-4673.

Ohio homeowners placed the highest number of calls with 3,288. California ranked second with 2,357 calls and Georgia ranked third with 2,206 calls.

Counselors fielded more than 30,000 calls in the second quarter of 2007, six times the number it received during the same period last year.