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Don’t Ignore Court Notices: Why Responding Can Protect Your Rights
Receiving a court notice can be stressful. Whether it’s related to housing, debt, family matters, or another legal issue, many people feel overwhelmed or unsure of what to do next. Some may even avoid opening the envelope altogether, hoping the problem will go away on its own. Unfortunately, ignoring a court notice can often make…
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Why Affordable Homeownership Programs Matter
Written by our WFP Intern, Gabriela B. For many people, the process of applying for homeownership might be intimidating. Paperwork, eligibility restrictions, financial evaluations, and strange terminology frequently make the process seem difficult, deterring people from starting. Because of this, some people never consider their options since they believe homeownership is unattainable. Affordable homeownership initiatives,…
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Understanding Your Mortgage
Written By William Paige, Foreclosure Specialist at The Waterfront Project Have you ever looked at your mortgage statement and wondered, “Why did my monthly payment increase?” First let’s break down what a mortgage is made of. Your total monthly mortgage payment is commonly referred to as PITI: Principal: Pays down your loan balance. Interest: The…
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From Housing Crisis to Homelessness: Why More New Jersey Residents Are Being Left Behind
Written By WFP Intern, River Pilar The homelessness crisis in New Jersey has festered in the background for years. With the rise in housing prices and a lack of wage raises, more people are being forced out of their homes and onto the cold streets of New Jersey with very few options to rejoin society…
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Honoring The History of Women and Mortgages
Honoring The History of Women and Mortgages Written by Patricia Ellams, Foreclosure Specialist in Mortgage Default at The Waterfront Project Women have long fought for equality in all areas of life, including homeownership. During Women’s History Month this March, which began in 1987, we celebrate their resilience and progress in securing financial independence. From overcoming…
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Black History Month and homeownership
Black History Month and Homeownership Written by Maria Mascola, HUD Certified Foreclosure Specialist at The Waterfront Project During Black History Month, we honor and celebrate the many generations of Black Americans who have helped shaped our nation and we reflect on the triumphs and challenges they have faced through U.S. history. The work still needs to be…
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Foreclosure Prevention Success Story
Foreclosure Prevention Success Story Written by Patricia Ellams, HUD Certified Foreclosure Specialist at The Waterfront Project A homeowner suddenly lost her husband, leaving her a widowed mother of three children and the primary caregiver for her 94-year-old veteran father. Her late husband had been the sole borrower on the mortgage and the only individual listed…
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Before You Buy: Understanding Homeowners Association (HOA) Fees
Before You Buy: Understanding Homeowners’ Association (HOA) Fees Written By William Paige, Certified Foreclosure Specialist at The Waterfront Project Before purchasing a home with Homeowners Association (HOA) dues, it is critical to understand both the benefits and the potential financial risks. HOAs are common in condominiums, co-ops, townhouses, and planned communities, and membership is mandatory…
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WFP Foreclosure Team Addresses the Government Shutdown & Provides Resources
WFP Foreclosure Team Addresses the Government Shutdown & Provides Resources Written By the WFP Foreclosure Team A government shutdown may start in Congress, but its real impact is felt at the closing table—and in the lives of everyday Americans. Homebuyers face stalled loans and canceled closings, while current homeowners deal with delayed services and added…
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Addressing Recent Housing News: HUD Layoffs Threaten Housing Rights & Protections—We Must Resist
Addressing Recent Housing News: HUD Layoffs Threaten Housing Rights and Protections. We Must Resist. Article sources: HUD To Lay Off Hundreds As Government Shutdown Drags On OMB says ‘substantial’ federal employee layoffs have begun Federal Government Shutdown and Mass Layoffs Risks Crippling HUD in the Long Term | National Low Income Housing Coalition Over the…
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