Non-profits help homeowners deal with foreclosures

As more New York City neighborhoods are being affected by the current wave of foreclosures, non-profit organizations such as Changer are stepping in and offering a helping hand to the areas hardest hit, like East New York. The organization’s mission is to help homeowners by offering free legal services and making them aware of potential scams. Neighborhoods that have been hurt most by the foreclosure crisis, such as Canarsie, Brooklyn, have been targeted by so called “loan modification consultants” who charge up to $5,000 and falsely claim they will help homeowners escape foreclosure. In response to these scams, non-profits like Changer hold free seminars and forums in which residents can learn how to smartly handle a potential foreclosure situation and get back on track with payments.