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William Byrd 404-992-1513's Blog

By William Byrd (404) 992-1513 | Agent in Conyers, GA




HomeSafe Georgia has failed homebuyers, and has allowed thousands of distressed Georgia homeowners to go into foreclosures.


HomeSafe Georgia was allocated $340 million in federal funds in April 2011, but HomeSafe Georgia has only awarded $23 million federal funds, thereby assisting fewer than 1,000 distressed Georgia homeowners avoid foreclosures.  Georgia ranks 4th in the nation in foreclosures, and 25,000 foreclosures were filed in the first two months of 2012, approximately 127,140 foreclosure notices were filed in Georgia in 2010.  Georgia homeowners have received an average of 12,000 foreclosure notices monthly.


Karen Brown, Director Of The Home Defense Program For The Atlanta Legal Aid Society, has reportedly criticized an absurd and ridiculous federal stipulation that homeowners can be no more than six months behind on their mortgage payments, when distressed Georgia homeowners have been extensively unemployed long before the federal program was initiated.  Georgia Department Of Community Affairs has alleged the problem is based upon ineffectively marketing of the HomeSafe Georgia program.   Every state and federal official has made endless excuses, but has horrendously failed to take effective action to resolve this nightmare Georgia foreclosure problem.  Excuses are nothing but a well thought out lie!


Georgia is one of 18 states that have received funds from the U.S. Department Of Treasury’s Hardest Hit Fund, a $76 billion dollar program established in 2010 to help homeowners at risk of losing their homes.  Georgia Department Of Community Affairs projects the goal of the HomeSafe Georgia program is to prevent 18,000 Georgians from foreclosure, although the  HomeSafe Georgia program has only assisted 900 Georgia homeowners.


Christy Romero, Special Inspector For The Troubled Asset Relief Program (TARP), reportedly disclosed only 3% of $7.6 billion available nationwide in the Hardest Hit Housing Markets program,  including 18 states and the District Of Columbia, have been allocated federal funds since December 31, 2011.  The federal funds have gone to help 30,640 homeowners federal officials projected would assist distressed homeowners by the end of the federal program in 2017. 


Georgia Congressman Hank Johnson is hosting a HomeSafe Georgia Foreclosure Prevention Event on Saturday, April 28th at Salem Bible Church from 9:00 am to 3:00 pm.  Let’s pray this will help.

MOBILE: 404-992-1513


By Jenny L. Martin,  Fri Apr 13 2012, 12:05
I agree. Why should a person have to wait six months before they can receive help. The fristration and loss of your home is very emotional. I have heard "you are thinking about this emotionally like a home is more that a building. A home is a investment. Let's face it yours was a bad one."
Mr. Bryd my hat is off to you. Please let me know if I can help.
By William Byrd (404) 992-1513,  Fri Apr 13 2012, 14:05
Thanks for your response to my Trulia Blog Jenny L. Martin.
By Kim,  Fri Apr 13 2012, 15:28
I found out about the homesafe program through my lender. We were very hopeful because we met the eligibilty requirements and have both been laid off. I mailed in my application & homesafe emailed me 2 days later verifing that they received it and said it may take 12 weeks before I here anything, but that the application was being processed. It has been 8 weeks & I contacted homesafe today because I haven't heard anything. They replied to my email stating that I need to reaply because they didn't receive my application. I know they did receive it. Is it lost>? Starting the process over is very unfair in what has already been a long waiting period. This program could save our home and we like so many others truley NEED THIS HELP!

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