Mortgage Servicing

HOPE NOW Reaches Out; Will Homeowners Catch On? 

HOPE NOW, the private sector alliance of mortgage servicers, non-profit counselors, and investors, on Wednesday announced a new campaign targeting homeowners “at serious risk” of foreclosure. The campaign — called “Reach Out” — will pair at-risk borrowers with U.S. Department of Housing and Urban Development-certified counseling agencies to “determine options that will best serve their needs.”