Attorneys At Law

Attorneys practicing in and around the Chicagoland area. Experienced in the practice areas of Real Estate Law, Mortgage Foreclosure Defense Litigation, Social Security Disability, Business Law, & Estate Law.

Attorneys At Law - Attorneys practicing in and around the Chicagoland area. Experienced in the practice areas of Real Estate Law, Mortgage Foreclosure Defense Litigation, Social Security Disability, Business Law, & Estate Law.

Please Join Us in Supporting H.O.M.E. DuPage Home Ownership Resources

Assistance for first time home buyers in DuPage County

H.O.M.E. DuPage, Inc. is a nonprofit organization that provides a full range of services to promote responsible sustainable homeownership, with an emphasis on serving first-time homebuyers, low-income and moderate-income households and homeowners in crisis.

 

When you support H.O.M.E. DuPage, you help preserve homeownership through services that help people achieve their dream of owning a home.

 

H.O.M.E. DuPage Mission

Homeowner crisis foreclosure assistance DuPageH.O.M.E. DuPage helps educate people on managing finances, fixing bad credit, and preparing first-time homebuyers to realize their dream of owning their own home.

H.O.M.E. DuPage also helps current homeowners in crisis.

When the foreclosure process begins, there is still hope. In 2017, H.O.M.E. DuPage assisted over 300 local families in crisis.

 

H.O.M.E. DuPage Wish List

You can help support H.O.M.E. DuPage Inc. through your financial donations or by providing items on their wish list.

Other ways to help:

 

Make a Donation

They need your help to be able to continue to provide vital services to our community.

Your tax-deductible donation to H.O.M.E. DuPage, Inc. will go to work right here in DuPage County:

  • helping a mother and her son (both suffering medical crises) save their home from foreclosure
  • giving a single mom the opportunity to become a homeowner for the first time
  • teaching a young couple to successfully manage their money with the help of a Financial Coach

Donate to HOME DuPage

 

We hope that you can help support DuPage County residents to achieve their dream of homeownership.


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The Law Offices of Lora Fausett P.C. provides real estate law services in DuPage, Kane, Kendall and Cook counties including buying and sellingshort salesmortgage foreclosure defense and more.

For Information Call 630-858-0090


Friends Of DHOC Get Together

Join us to network and learn about the services provided by the DuPage Homeownership Center at this free event.

Friends Of DHOC:
Wednesday, November 11th from 5:30p-7:00p
1600 E. Roosevelt Road
Wheaton, IL
RSVP to Anne O’Dell by Friday, November 6th at 630-260-2500 *2506
Or anne@dhoc.org

For more information, visit the DHOC website.

Network With Like Minded Individuals!

The DuPage Homeownership Center is holding a free networking event. Don’t miss this opportunity to meet individuals in similar fields as you.

Friends of DHOC

Friends of DHOC takes place:
Wednesday, September 9th at 5;30pm to 7:00pm.
1600 E. Roosevelt Road
Wheaton, IL

RSVP

Please RSVP to Anne O’Dell by Friday, September 4th
630-260-2500 *2506 or anne@dhoc.org

We look forward to seeing you there!

NATIONAL MORTGAGE SETTLEMENT

The Federal Government & Attorneys General have reached a landmark settlement with major banks. The agreement covers roughly $25 billion in relief for distressed borrowers, states and federal government. After many months of negotiation, 49 state attorneys general and the federal government have reached agreement on a historic joint state-federal settlement with the country’s five largest loan servicers:

Ally/GMAC
Bank of America
Citi
JPMorgan Chase
Wells Fargo Who May be Eligible for Assistance

Because of the complexity of the mortgage market and this agreement, which will be performed over a three-year period, borrowers will not immediately know if they are eligible for relief. Borrowers from states who did not sign the settlement will not be eligible for any of the relief directly to homeowners. Borrowers from Oklahoma will not be eligible for any of the relief directly to homeowners because Oklahoma elected not to join the settlement.

The settlement provides assistance for:

Homeowners needing loan modifications now, including first and second lien principal reduction. The servicers are required to work off up to $17 billion in principal reduction and other forms of loan modification relief nationwide.

State attorneys general anticipate the settlement’s requirement for principal reduction will show other lenders that principal reduction is one effective tool in combating foreclosure and that it will not lead to widespread defaults by borrowers who really can afford to pay.

Borrowers who are current, but underwater. Borrowers will be able to refinance at today’s historically low interest rates. Servicers will have to provide up to $3 billion in refinancing relief nationwide.

Borrowers who lost their homes to foreclosure with no requirement to prove financial harm and without having to release private claims against the servicers or the right to participate in the OCC review process. $1.5 billion will be distributed nationwide to some 750,000 borrowers. Additional information is available at: http://www.nationalmortgagesettlement.com/help.