FOR IMMEDIATE RELEASE: Putnam Housing Corp. to Host Free Foreclosure Prevention Outreach

MaryEllen Odell
Putnam County Executive
(845) 808-1001
March 11, 2013

Putnam Housing Corp. to Host Free Foreclosure Prevention Outreach

County Executive Odell Will Attend the March 23 Event

A local not-for-profit will host Fannie Mae and Freddie Mac Outreach teams offering free assistance to homeowners who are presently in default on their mortgage or are facing foreclosure. The event, which will be held on Saturday, March 23 at the Mahopac Public Library, 668 Route 6 from 10 a.m. to 4 p.m., is sponsored by the Putnam County Housing Corporation (PCHC).

PCHC, a certified HUD Certified Housing Counseling Agency, was established in 1982 to assist residents with their housing needs. Their Housing Counseling Program offers the services of professionals who assist at risk homeowners by advising them of economic and legal options available to help prevent a foreclosure.  

County Executive MaryEllen Odell strongly supports the work of PCHC as they strive to keep Putnam families in their own homes.

“The work of the Putnam County Housing Corporation is so very vital,” said Odell. “Many homeowners have found themselves in this terrible situation through no fault of their own. It is imperative we do everything we can for them to ensure they remain in their homes.”

PCHC Co-Executive Director Connie Fagan said her agency recently received funding from New York State’s Attorney General Home Ownership Protection Program as well as from the State of New York Mortgage Agency and the federal government’s Emergency Homeowner Loan Protection program.

“The funding allows us to continue and enhance our partnerships with Legal Services of the Hudson Valley and Putnam County,” said Fagan. “LSHV will now be meeting with Putnam homeowners in our offices to provide free legal advice pertaining to foreclosure.”

PCHC’s offices are located at 11 Seminary Hill Road in Carmel. Previously, Putnam’s at-risk homeowners had to travel to out of county to meet with mortgage representatives.

The Putnam County Real Property Tax Office is also helping to advertise the March 23 event by distributing flyers to residents facing default advising them of the free local counseling services offered by PCHC.

In addition, Putnam’s Supreme Court has recognized PCHC Housing Counselors as an effective and essential resource particularly in representing homeowners in bi-monthly Mandatory Settlement Conferences.

For more information on this program, please call PCHC at (845) 225-8493.