A valuable source of information for at-risk borrowers
WALNUT CREEK, Calif., Aug. 14 /PRNewswire-FirstCall/ -- The PMI Mortgage Insurance Co., (NYSE: PMI) today announced the enhancement and redesign of its industry leading foreclosure prevention website - HomeSafePMI. With the goal of sustaining homeownership, the redesigned website is dedicated exclusively to providing consumers quality information. The new site adds foreclosure facts, information on alternatives to foreclosure including Home Affordable Programs, informative videos and articles, and how to avoid foreclosure scams and companies that prey on homeowners.
HomeSafePMI.com, sponsored by PMI Mortgage Insurance Co., is an innovative tool to not only answer questions about preventing foreclosure, but also direct borrowers to resources where they can get help. When borrowers begin having difficulty making their mortgage payments, they are often confused and embarrassed about the situation they find themselves in and have little awareness of the resources available to avoid foreclosure.
Carla Gerardu-Low, with PMI's Homeownership Preservation Initiatives said, "Even before this latest enhancement and the fresh look applied to the site, HomeSafePMI was well regarded in the industry, as it provided valuable assistance to homeowners at risk." She went on to say, "Today the site is even better organized and robust providing lender and non-profit contact information, timely articles and videos to keep borrowers informed of their options, and aware of fraudulent or unnecessary foreclosure avoidance schemes."
PMI's site also offers the Mortgage Options Assessment Tool that enables homeowners to organize, calculate, and produce reports on their current financial situations prior to meeting their lenders or counselors to discuss solutions to foreclosure. This is a free tool available to anyone.
Learn more (link to www.homesafepmi.com)
About PMI Mortgage Insurance Co.
The PMI Group, Inc. (NYSE: PMI), headquartered in Walnut Creek, CA provides credit enhancement solutions that expand homeownership while supporting our customers and the communities they serve. Through its wholly and partially owned subsidiaries, PMI offers residential mortgage insurance and credit enhancement products. For more information: www.pmi-us.com.
SOURCE PMI Mortgage Insurance Co.
