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WEST VIRGINIA RECORD

Friday, April 19, 2024

Project: Save Our Homes details announced

McGraw

CHARLESTON -- West Virginia Attorney General Darrell McGraw has announced the details for the first four Project: Save Our Homes workshops.

The workshops are meant to help the state's homeowners obtain relief under the recent mortgage-foreclosure settlement with five national banks as well as other options.

Events for Putnam, Kanawha and Fayette Counties will kick off the personal assistance homeowner workshops to be presented throughout the state over the next three months.

At the Save Our Homes workshops, open from 10 a.m. to 7 p.m. at each location, representatives of McGraw's office will offer information and assistance on applying for loan modifications, refinancing for "underwater" loans, halting the foreclosure process, safeguards for service members, new loan servicing standards, and other mortgage relief.

All homeowners interested in the relief provided by the settlement -- as well as options available outside the settlement -- are encouraged to attend one of the Project: Save Our Homes direct-help workshops.

The schedule:

April 10, Winfield, Putnam County Courthouse, 2nd floor Courtroom;

April 12, Montgomery, Upper Kanawha Valley Economic Development, 326 3rd Ave. (near WVU Tech)

April 17 -- Charleston, University of Charleston, Riggleman Hall, 2300 MacCorkle Ave. SE.

April 19 -- St. Albans, Hansford Senior Center, 500 Washington St.

Additional Save Our Homes events are planned for May and June in Huntington, Parkersburg, Wheeling, Weirton, Gilbert, Martinsburg, Charles Town, Clarksburg, Morgantown, Lewisburg, Elkins, Beckley, and South Charleston.

The Save Our Homes initiative was established to help guide consumers through homeowner assistance options, including those provided by the recent landmark mortgage-foreclosure settlement with JP Morgan Chase, Wells Fargo, Citibank, Bank of America, and GMAC/Ally Financial.

"With Project: Save Our Homes, the Attorney General's Office will do everything we can to lend a helping hand to West Virginia's homeowners so that they can stay in their homes," McGraw said in a statement.

In addition to offering direct assistance to West Virginia homeowners in obtaining relief from the settlement, the program can offer a second chance to those who may have been turned by their bank previously or were simply overwhelmed by the process.

Save Our Homes can also assist homeowners whose mortgage companies are not covered by the settlement to explore other financial relief options that may be available.

Interested homeowners can call the Attorney General's Consumer Protection Hotline at 1-800-368-8808 for more information.

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