More than 143,000 calls from distressed homeowners were fielded by the Homeownership Preservation Foundation's Homeowner's HOPE Hotline in the fourth quarter of 2007 – twice the number of calls received during the third quarter and nearly 10 times that of the first quarter of the year.
Among homeowners who called 888-995-HOPE, 31% were less than one month behind in mortgage payments – up from 24% during third quarter 2007, adds the Homeownership Preservation Foundation. California continues to be the top counseled state, accounting for 18% of the total call volume.
