NASHVILLE (WATE) - Tennessee officials announced Wednesday a mortgage hotline is available for homeowners who are having problems and need advice.
You can call toll-free 855-876-7283 on Monday–Friday, 8:00 a.m.–5:00 p.m. Central Time. A representative can direct homeowners to a free foreclosure prevention counselor and explain various housing assistance programs.
In April, Tennessee along with 48 other Attorneys General and federal agencies reached an agreement with the nation's top five mortgage servicers: Bank of America, J.P. Morgan Chase, Wells Fargo, Citigroup, and Ally Financial/GMAC.
The settlement will provide an estimated $25 billion in relief nationwide to distressed borrowers and state governments, including an estimated $140 million in benefits in Tennessee.
"My office wants to make sure that Tennessee homeowners get all the help they deserve under this settlement," said Tennessee Attorney General Bob Cooper. "We are pleased to partner with THDA to create this mortgage hotline for all Tennessee homeowners who are struggling to make their mortgage payments."
For more information about the national mortgage settlement or housing assistance in Tennessee, call 855-876-7283 or visit www.tn.gov/attorneygeneral.
