Housing Counseling Resources

Publications

"Untold Stories of the Foreclosure Crisis: Impact of Southeast Asians in the Central Valley"
, joint paper written by National CAPACD and the Southeast Asian Resource Action Center (SEARAC) on the impact of foreclosures on Southeast Asians in California's Central Valley.


Making Home Affordable

The Obama Administration’s Making Home Affordable includes opportunities for homeowners to modify or refinance their mortgage to make their payments more affordable. The program has recently been expanded to help homeowners who are unemployed or “underwater” (they owe more on their mortgage than their home is worth). It also provides options for homeowners who can no longer afford their home and are interested in a short sale or deed-in-lieu of foreclosure.

Information about the Making Home Affordable Program is available in English, Spanish, Korean, Chinese, Vietnamese, and Tagalog. Click here for the Making Home Affordable Program Outreach Toolkit.


Credit Smart Asian

CreditSmart Asian is a three-part series of multilingual guidebooks developed by Freddie Mac that are focused on helping Asian Americans become more informed consumers.  Available in Chinese, Korean, Vietnamese and English, the guidebooks provide valuable and culturally relevant information on establishing and maintaining good credit, the steps to homeownership, and the benefits and responsibilities of owning a home.  National CAPACD along with a number of our members and partners throughout the country were instrumental in providing translation and feedback about the curriculum. 

The materials can be found here.


National Loan Modification Scam Campaign

Loan modification scams are proliferating at a rapid pace. Every day, scam artists prey on unsuspecting homeowners who are facing foreclosure. These homeowners are losing thousands of dollars and their homes - lured by the promise of loan modification help.

To combat this issue, Congress funded, and then asked NeighborWorks America® to launch a national public education campaign. The idea of the campaign is to empower homeowners to protect themselves against loan modification scams, find trusted help and report illegal activity to authorities. 

To address this increasing problem, National CAPACD and 12 local affiliate groups have committed to engage in the National Loan Modification Scam Campaign to raise awareness through AAPI community about the growing problem of loan modifications scams by providing in-language counseling, interpretation and translation.  Further, groups will work with the Lawyers’ Committee on Civil Rights Under Law (LCCRUL) to prevent and report potential loan scammers.

For more information about the National Loan Scam Campaign, please take a look at the following websites:

NeighborWorks America Loan Scam Alert


Lawyers’ Committee on Civil Rights Under Law