Insurers, Servicers, Community Housing Groups Come Together to Aid Hurricane Sandy Victims
Homeowners affected by the October
hurricane that clobbered the northeast got some face-to-face help from
representatives of mortgage servicers and insurance companies at an event held
on Saturday on Westbury, New York. Non-profit housing counseling organizations,
representatives of Fannie Mae, Freddie Mac, and FEMA were also at the event.
to HOPE NOW, an event sponsor, over 300 victims of Hurricane Sandy attended. Other sponsors were New York State Attorney General Eric T. Schneiderman,
NeighborWorks® America, Federal Reserve Bank of New York, Long Island Housing
Partnership and Community Development Corporation of Long Island.
Nine of the largest mortgage
servicing companies sent representatives to the event including the Ocwen, PNC,
And Citi Mortgage and large insurers included Travelers, Nationwide, Liberty
Mutual and the New York Property Insurance Underwriting Association. Local, HUD-approved, non-profit housing
counseling agencies who attended, included American Debt Resources, Long Island
Housing Services and Nassau County Office of Housing and Community Development.
Faith Schwartz, Executive Director
of HOPE NOW said, "Many organizations came together, in a very short
amount of time, to make this event happen. From planning to execution, this
event was a complete success and a testament to the commitment of the industry,
non-profits and government agencies to work together for the benefit of
struggling homeowners. HOPE NOW is grateful to all who donated time, funding
and resources to spend nine hours on a Saturday, for the sole purpose of
assisting those in need."