What's New at CHI

COMMUNITY HOUSING INNOVATIONS
TO HOST FIFTH FAST TRACK™ LOAN MODIFICATION WORKSHOP;
HOMEOWNERS LOOKING FOR HELP WILL MEET WITH CHASE BANK REPS
posted 5/1/2012

WHITE PLAINS, NY (April 10) – For the third year in a row Community Housing Innovations (CHI) will host a three day event to help homeowners who are having difficulty paying their mortgages move closer to a resolution through one-on-one meetings with Chase Bank representatives. The event will take place on June 12, 13, and 14 at the CHI offices located at 190 East Post Road in White Plains.

The CHI Fast Track™ Loan Modification Program is a unique program designed by CHI, a HUD approved non-profit housing counseling agency, to remove roadblocks from the loan modification process by providing a forum for homeowners to have face-to-face contact with a bank’s representatives, leading to the bank making quicker homeowner relief decisions.

"What is really unique about this program is our ability to work with homeowners before the workshop to get as much of the paperwork in order as possible so that the process is that much further along once they meet with the bank representatives," stated attorney Peter Spino, CHI’s Senior Manager of Foreclosure Prevention Counseling. In fact, statistics from previous CHI programs show that 94% felt they had been well prepared by CHI for the meeting and nearly 80% indicated they had all the documentation already on hand at the time of the workshop.  

According to homeowner L. Moss of White Plains, "I am very resourceful, but they [CHI] provided an excellent support system and gave me the knowledge to get everything done more efficiently. They helped me navigate the system and walked me through anything I wasn't sure of; just knowing they were there for me through the entire process was a big relief.”  Moss, who went through the CHI Fast Track™ Loan Modification workshop in 2011 was able to get her monthly mortgage payment reduced by hundreds of dollars.

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