JULY 2017
KeepYour HomeCalifornia | Newsletter



Recently, the funding usage graphics shown above were added to the Reports and Statistics page on the Keep Your Home California website.

The bar graphic on the right shows the overall program progress in terms of the percentage of funds that have been provided to homeowners already. As of July 24, 2017, nearly 85% of the program funds had gone out to qualified homeowners, with approximately $360 million remaining.

The circular chart on the left shows the progress of each of the five Keep Your Home California programs. Clicking on the lines will show the amount funded and remaining - and the legend at the bottom displays the percentages.

Keep Your Home California funding will be available until all funds are exhausted or until December 31, 2020, whichever comes first.  These charts will be updated on a weekly basis, so interested parties can track the progress regularly.

In addition to the funding usage graphics, there are several other tools on the Reports and Statistics webpage available to provide more information about program results. Please click the following link to learn more: http://keepyourhomecalifornia.org/quarterly-reports/.

Ask Keep Your Home California Videos    

We have begun developing a series of short videos called "Ask Keep Your Home California" to answer common questions we receive from people.
 
The videos feature Keep Your Home California staff members addressing different topics and provide another medium for us to help people better understand the program. They are posted on the Frequent Questions page of the Keep Your Home California website and more will be added periodically.

Links to the first three videos are listed below:
In addition to the videos, there are several q uestions and answers posted on the Frequent Questions webpage, sorted by topic. If you ever have questions about the program and can't find the answers on the website, please don't hesitate to call one of our representatives at (888) 954-5337 or contact us via Facebook or Twitter.

Funding
(as of July 27, 2017)

Programs
  
Homeowners Assisted
Total Amount Distributed
Unemployment Mortgage Assistance
  47,957      
$839,026,534.12
Principal Reduction Program
  11,580        
$711,679,731.75
Mortgage Reinstatement Assistance Program
  13,081       
$198,447,632.44
Reverse Mortgage Assistance Pilot Program
     664
$8,469,273.45
Transition Assistance Program
    1,036      
$3,688,494.94
Total Program
Funds Allocated
    74,318      
$1,761,311,666.70
Recent Blog Post:

Even during best of times, many Californians continue to struggle
California is enjoying a booming housing market, with record-setting prices in some areas, including the Bay Area and parts of the Los Angeles region.

But while some homeowners are cheering fast-rising prices and multiple offers in a red-hot market, there are less-fortunate individuals who are doing whatever they can to keep their home.

Luckily, Keep Your Home California - a free mortgage-assistance program - is available for many of these homeowners. So far, more than 74,000 homeowners have been helped, and thousands more could benefit from the federally funded, state-managed program.

The $2.36 billion program assists homeowners with a number of hardships, from being out of work to having an underwater mortgage - and many other reasons. In short, even with a healthy housing market in some areas, many Californians are still struggling.

Read More
Success Story: Kacey J.
'This benefit has allowed me to heal'

Keep Your Home California was designed for Kacey J. - and the many other homeowners just like her.

The career-minded, devoted and hardworking professional, mother and wife had been with the same company for more than 20 years. Then, her company announced layoffs that included Kacey.

"It's a pretty overwhelming experience," says Kacey, who was laid off in early 2016. "You're kind of numb the first few months (following a layoff). You're trying to gain your footing and get your confidence back."

Shortly after getting the bad news about her job, she learned about Keep Your Home California through a career transition assistance program. Like many, she was skeptical of the free mortgage-assistance program.

Read More
Monthly Question & Answer
Q: Can a homeowner move out of their home or rent it out while receiving benefit assistance under a Keep Your Home California program?
A: No. If during the benefit period of any Keep Your Home California program, a homeowner's property becomes vacant or non-owner occupied, Keep Your Home California reserves the right to terminate benefit assistance. Exceptions may be made for active duty military personnel who have been deployed or relocated pursuant to military orders.
  
Water Saving Tips

Install a water- and energy-efficient dishwasher. Save: 3 to 8 Gallons/Load. Dishwashers typically use less water than washing dishes by hand.


For more tips on what you can do to save water, please visit the Save Our Water website.
To see all Servicer Scorecards, please visit the Participating Servicers webpage.
August 2, 2017
9:00am - 1:00pm
Financial Literacy Resource Fair
San Francisco, CA
August 3, 2017
11:00am - 3:00pm
Veterans Job Fair
San Diego, CA
August 12, 2017
8:30am - 5:30pm
Homebuyer Education Workshop
Ventura, CA
August 16, 2017
10:00am - 2:00pm
Career/Resource Fair and Open House
Sacramento, CA
August 17, 2017
9:30am - 12:30pm
Tri County Job Fair 
El Dorado Hills, CA
August 19, 2017
8:30am - 5:30pm
Homebuyer Education Workshop
Oxnard, CA
August 19, 2017
8:00am - 4:30pm
Homebuyer Education Workshop
Los Angeles, CA



FOLLOW US
www.KeepYourHomeCalifornia.org - 888.954.KEEP(5337)