Overview
The Indiana Foreclosure Prevention Network is a coalition of community service and housing-related organizations, government agencies, lenders, realtors, and trade associations that are actively addressing Indiana's foreclosure crisis through a variety of methods. Background In early 2006, the Indiana Housing and Community Authority (IHCDA), hosted a series of meetings with government agencies and industry leaders to discuss the issues surrounding foreclosures and potential solutions for reducing foreclosures. Out of these meetings came a group known as the Indiana Foreclosure Prevention Network (IFPN.) IFPN worked with elected officials to create legislation outlining a multi-tiered solution to delinquency and foreclosure in 2007. The initiative was launched in November 2007, and included a targeted public awareness campaign, a telephone helpline, and a state-wide network of trained mortgage foreclosure counselors.
Successes
Beginning in November 2007, IFPN launched a public awareness campaign to encourage individuals and families facing foreclosure to seek help by calling 1-877-GET-HOPE or by visiting www.877gethope.org. Upon contact, the homeowner is referred to a certified foreclosure prevention specialist with a local nonprofit organization. From its outset,the "Don't Let the Walls Foreclose in on You" campaign has concentrated on grassroots strategies that have resulted in the distribution of more than 350,000 marketing and collateral pieces. Over the past two years, IFPN has purchased radio, print, and billboard in communities experiencing the highest concentrations of foreclosure. In addition to the mass marketing, IFPN has hosted eight borrower outreach events that have brought more than 900 borrowers face-to-face with their lender or a housing counselor to discuss options to avoid foreclosure. In an effort to give troubled homeowners the opportunity to access foreclosure prevention assistance through the privacy of a phone call, in June of 2009 IFPN hosted a Phone-A-Thon. More than 90,000 Hoosiers have received assistance from the Indiana Foreclosure Prevention Network.
Indiana Foreclosure Prevention Network Partners
AARP
Indiana AT&T
Chase
Fannie Mae
FDIC
Federal Home Loan Bank of Indianapolis
Federal Reserve Bank of Chicago
Fifth Third Bank
Freddie Mac
HSBC - The worlds local bank
Huntington
National Bank
Indiana Association for Community Economic Development
Indiana Association of Realtors
Indiana Bankers Association
Indiana Black Expo, Inc
Indiana Broadcaster's Association
Indiana Builders Association
Indiana Commission for Continuing Legal Education
Indiana Department of Workforce Development Work One Centers
Indiana Housing and Community Development Authority
Indiana Legal Services
Indiana Mortgage Bankers Association
Indiana National Guard
Indiana Office of Faith-Based and Community Initiatives
Indiana Pro Bono Commission
Indiana State Court Administration
Indiana Supreme Court
Indianapolis Bar Association
Indiana Professional Licensing Agency
Ivy Tech Community College
National City
Pathfinder Services
Sharp Business Systems
U.S. Department of Housing and Urban Development
US Bank
Indiana Foreclosure Prevention Network Agencies
Affordable Housing Corporation, Inc.
Apprisen Finanacial Advocate
Bloomington Housing and Neighborhood Development
Brighton Center, Inc.
City of South Bend
Community Action of Greater Indianapolis, Inc.
Community Action Program of Evansville and Vanderburgh County, Inc.
Community Action Program, Inc. of Western Indiana
Consumer Credit Counseling Service of Northeastern Indiana, Inc.
Consumer Credit Counseling Service of Northwestern Indiana
Eastside Community Center Family Service Association
Fort Wayne Housing Authority
Fort Wayne Urban League
Greenpath, Inc.
Habitat for Humanity of Whitley County, Inc.
Harrison County Communty Service
Homestead Consulting Services
Hoosier Uplands, E.D.C.
HOPE of Evansville, Inc.
Housing Opportunities, Inc.
Human Services, Inc.
Indianapolis Neighborhood Housing Partnership
LaCasa, Inc.
Lincoln Hills Development Corporation
Martindale Brightwood C.D.C.
Neighborhood Christian Legal Clinic
Pathfinder Services, Inc.
South Bend Heritage Foundation
The Home Ownership Center of Greater Cincinnati, Inc.
The Housing Partnership, Inc.
TRI-CAP