KRS 198A.400: Kentucky Homeownership Protection Center -- Purposes -- Cooperative

agreements -- Funding -- Referrals to specific lenders and brokers prohibited.

(1) There may be established, as part of the borrower education initiatives established

by or through t he Kentucky Housing Corporation, a Kentucky Homeownership

Protection Center.

(2) The purpose of the Kentucky Homeownership Protection Center shall be to:

(a) Provide a centralized location for information on public services made

available by federal, state, or local government or community entities, to assist

a homeowner who is in default, or in danger of default, on his or her home

loan; and

(b) Attempt to assist, any homeowner who contacts the center without cost to the

homeowner, with the goal of:

1. Providing a homeowner with information, including toll -free telephone

numbers for public services, made available by federal, state, or local

government or community entities, including programs such as

NeighborWorks and Don't Borrow Trouble, mortgage assista nce

programs, home repair assistance programs, and utility assistance

programs;

2. Determining if the homeowner has contacted his or her lender regarding

any default or danger of default; and

3. Providing a homeowner with counseling agencies approved by th e

United States Department of Housing and Urban Development that may

be able to assist the homeowner.

(3) The Kentucky Homeownership Protection Center may enter into an agreement with

any public or nonprofit entity to carry out any part of the mortgage for eclosure

counseling and education program.

(4) The Kentucky Homeownership Protection Center may solicit contributions and

grants from the private sector, nonprofit entities, and the federal government to

assist in carrying out the purposes of this chapter.

(5) The Kentucky Homeownership Protection Center shall not, directly or through an

entity contracted with in accordance with subsection (3) of this section, make

referrals or recommendations to or regarding specific for -profit lenders or mortgage

brokers.