While foreclosures have subsided, Florida still had the highest number of completed foreclosures nationally over the last year, 57,000 in total, according to a September report released by CoreLogic, a provider of consumer, financial and analytics to business and government. The Miami-Fort Lauderdale area led the state with 9,603 in September.
Florida Housing Finance Corporation, the state’s housing finance agency, offers a free statewide assistance program designed to help homeowners facing foreclosure. The Foreclosure Counseling Program provides one-on-one counseling and financial education services to Florida families at risk of losing their homes in Florida. Free services are provided in all 67 Florida counties by approved local housing counseling agencies.
“Foreclosure is still an issue facing thousands of homeowners in every county of our state,” said Florida Housing Communications Director Cecka Rose Green. “As a participant in the FCP, homeowners can expect to receive extensive housing and financial counseling services that can help them save their homes and become more financially stable.”
The counseling will include credit counseling and assistance with developing a budget and financial action plan, as well as help negotiating with the lender.
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In 2013, the Florida Legislature allocated $10 million from the state’s National Mortgage Settlement funds to implement the program, and more than 40 agencies statewide are available to assist interested homeowners. The first step for a homeowner is to schedule an appointment at one of the agencies. For more information about the program, including a list of participating agencies, homeowners can visit www.FloridaHousing.org.