Foreclosure assistance Web portal for homeowners launches today

By Sherri Welch
http://www.crainsdetroit.com/article/20100226/FREE/100229892

The Southeast Michigan Regional Foreclosure Intervention and Neighborhood Stabilization Collaborative this morning launched a new Web portal to provide homeowners with a single source for foreclosure prevention and assistance.

Convened by United Way for Southeastern Michigan in 2008, the collaborative was charged with developing a regional solution to the foreclosure crisis.

The collaborative has 40 members including representatives from: the Detroit Office of Foreclosure, Prevention and Response; Wayne County; Detroit Local Initiatives Service Corp.; Southwest Housing; Greenpath Inc.; Michigan Mortgage Lenders Association; Fannie May; Detroit Real Estate Brokers Association; Charter One and Michigan State University's-Wayne County extension.

In 2009, there were more than 65,000 foreclosures in Wayne, Oakland, Macomb and Washtenaw counties, and only about half of those former homeowners sought foreclosure prevention assistance, the collaborative said.

Based on technology created by Wayne County, the new Web portal at http://www.fightmortgageforeclosure.com/ creates a standardized approach to foreclosure prevention assistance that improves the efficiency of staff and organizations offering assistance, which will enable counselors to assist more homeowners, the collaborative said.

The online Web portal is designed to connect homeowners facing foreclosure with the best services to assist them and to track delivery of those services and outcomes, with a goal of helping at least 30 percent of those calling for help to avoid foreclosure.

It also has the ability to track homeowners through each stage of assistance to ensure that people do not fall through the cracks, the collaborative said.