Pay your mortgage on time, but can't refinance? Improvements to HARP may help.

Home Affordable Refinance Program (HARP) Sponsored by OCHOPC Tuesday, May 22; registration begins at 4:30 P.M. with the workshop from 5 P.M. to 7 P.M.  at Senator Lou Correa's Office, Rancho Santiago Community College Bldg., 2323 N. Broadway, Santa Ana, CA 92706   Many homeowners pay their mortgages on time, but are not able to refinance to take advantage of today’s lower rates. Learn about the HARP 2.0 program which may help homeowners, with loans held by Fannie Mae or Freddie Mac, refinance into a more affordable or more stable mortgage. A lender panel will be on site to answer questions. This event is free and open to the public. Please RSVP to Connie Der Torossian:ConnieDT@housingcollaborative.org or call (714) 599-1014

Scam Targets Distressed Homeowners

Tip of the Week: Scam targets distressed homeowners
Scammers are calling homeowners, offering to help save their homes by filing an application for them for the Keep Your Home California program, bilking the victims of as much as $900.  Applying for help from Keep Your Home California is always free.

Homeowners can go to www.keepyourhomecalifornia.com for more information on programs offered or call this number to get information about assistance with mortgages: (888) 954-5337.