Mississippi Foreclosure Prevention


Attention Homeowners, 

Please be advised that the MS Home Saver Plus Program is now accepting applications!

The Home Saver Plus Program helps homeowners who have encountered financial hardship due to COVID-19. The program is for homeowners who are past due on their mortgage payments and/or who have encountered an eligible financial hardship resulting in delinquent mortgage payments or a COVID-19 mortgage forbearance. Eligible financial hardships include loss or reduction in income, or a material increase in expenses after January 21, 2020.

Apply by going to: www.mshomesaver.com and submitting your application.

Need Help? Call the HOME SAVER PLUS HOTLINE:  601.718.4647



Bank of America Settlement for Mississippi

On August 20, 2014, the United States Department of Justice, six states and Bank of America reached an agreement to settle claims that Bank of America, Countrywide, Merrill Lynch and First Franklin violated federal and state laws in connection with the packaging, origination, marketing, sale, structuring, arrangement and issuance of residential mortgage-backed securities and collateralized debt obligations.

Under the Settlement Agreement, Bank of America is required to (i) pay $9.16 billion in direct payments to federal agencies and six states; (ii) provide $7 billion in Consumer Relief; and (iii) provide $490 million for the payment of consumer tax liability as a result of such Consumer Relief.

Consumer Relief may include first lien principal forgiveness, principal forgiveness of forbearance, first lien forbearance (payment forgiveness), second lien extinguishments, junior lien forgiveness and extinguishment, credit for purchase money loans, community reinvestment and neighborhood stabilization.

Programs that help fund legal aid to the poor through Interest On Lawyers’ Trust Accounts (IOLTA) will benefit as a result of the $16.65 billion Bank of America settlement with the United States. Each state IOLTA program will get $200,000, then the rest of the $30 million will be allocated based on the percentage of the state’s population living in poverty.

North Mississippi Rural Legal Services (NMRLS) received a portion of this IOLTA funding and is proud to offer foreclosure prevention, loan modification, loss mitigation, housing counseling, and other options to assist families to remain in their homes.



NMRLS, will assist homeowners by providing counseling and advice and providing information about programs that help MS homeowners. The Home saver Plus program provides mortgage assistance If a homeowner has experienced a financial hardship and an increase in housing related expenses associated with the coronavirus pandemic that created a risk of mortgage delinquency, mortgage default, foreclosure, property tax lien, or loss of utilities.


          North Mississippi Rural Legal Services has a toll-free hotline for Mississippi homeowners and it will provide information about the Mississippi Home Saver Plus as well as other valuable information regarding homeownership and foreclosure prevention. Through the hotline, homeowners will receive free legal counsel, advice, and other services.


For more information, call NMRLS toll free: