The California Housing Finance Agency said Wednesday that 20 mortgage servicing companies are now participating in the state’s Keep Your Home California program to assist families struggling to remain in their homes and avoid foreclosure.
The number of servicers participating in the California program has grown to 20 from the initial eight that were signed on when it was implemented in February. These 20 banks service about 80 percent of the mortgages held by California homeowners.
In total, the Keep Your Home California Web site and the Spanish site, Conserva Tu Casa California, have been visited nearly 170,000 times and nearly 5,000 California homeowners have already received funding or are in process of receiving help through one of the program initiatives.
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