Foreclosure Prevention Advocacy

ESOP works with homeowners and their lenders to obtain affordable resolutions that preserve homeownership. ESOP uses a Hot Spot Card process, through which homeowners complete documentation and provide financial information relevant to their case, and have the opportunity to make suggestions to the lender for a resolution.

ESOP foreclosure prevention advocates use the information obtained from the homeowner to negotiate with the lender for an affordable modification to the loan. Unlike most housing counseling agencies, ESOP has direct points of contact and formal agreements with many lending companies, which produces results in a quick and efficient manner.

Direct Action Community Organizing

ESOP uses direct action organizing tactics to produce results for community residents most affected by the issues at hand. Community leaders remain at the forefront of these efforts, as they are in the best position to create and implement effective solutions. While much of ESOP’s organizing is related to the foreclosure crisis, active campaigns are also underway in regard to payday lending, vacant properties, and the practices of local developers and brokers.