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Foreclosure On the Rise In Wyoming

Due to recent market dynamics, Wyoming is facing an economic downturn. With unemployment rates climbing, many homeowners struggle to make their mortgage payments. Many people facing foreclosure don’t know what steps to take when they miss one or more mortgage payments, but Wyoming Housing Network intends to assist these people.

On January 1, 2017, Wyoming Housing Network initiated into a two-year collaboration with the State of Wyoming Attorney General’s Office to provide Wyoming homeowners with an HUD certified resource for Housing Counseling and Foreclosure Prevention Services.

The Wyoming Housing Network (WHN) has four HUD-approved housing counselors with more than 15 years of combined experience. The Foreclosure Housing Counselor will work with residents whether they have missed mortgage payments or their loan is in foreclosure. WHN’s foreclosure counselor will help Wyomingites in assessing their circumstances and identifying options while assisting them through the process.

WHN is working to educate Wyoming citizens in rural and nonrural communities of the State’s effort to help with the foreclosure crisis. Working with WHN’s foreclosure counselor is free of charge.

Article source: http://www.sheridanmedia.com/news/foreclosure-rise-wyoming91073

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