Florida receives nearly $500,000 in federal grants to help fight mortgage modification scams
by Kim Miller
The U.S. Department of Housing and Urban Development is dedicating $10 million nationally, including $463,462 for Florida, to help residents avoid foreclosure with legitimate loan modification assistance and housing counseling.
The money will be doled out to regional and local counseling agencies. Florida received the most money from the local allocation, with California earning the second highest amount at $367,433.
“The funding announced today is specifically earmarked to provide counseling assistance relating to mortgage modification, avoiding potential mortgage scams, and assisting victims of scams,” said HUD Secretary Shaun Donovan. “It is crucial that we support these agencies in helping struggling families do whatever is possible to avoid foreclosure without being victimized by so-called mortgage ‘rescue’ companies.”
In Florida, 21 agencies will be share the money, including three in Palm Beach County _ Housing Partnership, Inc., in Riviera Beach, Credit Card Management Services, Inc., in West Palm Beach, and Consumer Credit Management Services, Inc., in Delray Beach.
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