In The News

Hope4Hardship’s Michael Russell Featured on Radio Entrepreneurs Podcast

Radio Entrepreneurs Podcast

Michael Russell recently appeared on the Radio Entrepreneurs podcast with Jonathan Freedman of Mage, LLC.  The episode was entitled “Keeping Families in Their Homes” with Michael Russell of Hope4Hardship”. Here’s a notable quote:

“Between 2009 and 2012, I worked for Freddie Mac and we dispersed up, listed and sold more than 1000 foreclosed properties in and around southeastern Massachusetts. I got to witness lockouts where a family is greeted by a sheriff and two movers and a box truck. It’s heartbreaking.”

For more, check out the full interview

Hope4Hardship’s Michael Russell Featured on Never Lose a Deal Podcast

Never Lose a Deal Podcast


Michael Russell recently appeared on the Never Lose a Deal podcast with Lorillia Brown-Phillips. The episode was entitled “Real Estate Success after Bankruptcy & Foreclosure with Mike Russell”. Here’s a notable quote:


“By and large, this is, you know, pro bono therapy work trying to help people avoid the same ridiculous mistakes I made. And that’s the fair bargain that I made my life the last eight years has been a road of recovery in so many different ways. And the fair bargain that I’ve made is to give it freely to the next man or woman.”


For more, check out the full interview

Crushing Debt Podcast

Michael Russell recently appeared on the Crushing Debt podcast with Shawn Yesner, Esq.  The episode was entitled “How to Avoid Self-Sabotage”. Here’s a notable quote:

Notable quote from the interview:

“Through a real estate career, you see all the emotions of the human being as they travel through the every type of real estate transaction. What always resonated with me more than say the first time homebuyer were the sad stories. I represented Freddie Mac from 2008 to 2013 and I probably sold 1000 different foreclosed properties. And I would go down there and witness lockouts where the sheriff and a couple movers with a box truck would show up and knock on the door and they would say you have an hour to take everything you want, the movers will put it in the truck when we’re done. And then we’re changing the locks.”

For more, check out the full interview.

Facing Home Foreclosure: Insights from a Real Estate Veteran

Foreclosure, one of the scariest words to any homeowner

Here’s Mike on My Generation, the podcast of South Shore Senior News. My generation is hosted by Steve Dubin of PR Works.

Notable quote from the interview:

“I’ve been in the real estate business since I was 19 years old. I did a lot of work in the early years representing banks who had already foreclosed on properties and were then tasked with marketing and selling those assets. So I got to see at a pretty young age a lot of the strife and pain that people go through when they are effectively escorted out of the homes that they owned before the bank foreclosed on. I was pretty observant to what I witnessed, which was tragic. And then I faced my own struggles.”

For more, check out the full interview.

Rebuilding Life After Financial Devastation

Here’s Mike on the Financially Intentional podcast with Naseema Elroy

Notable quote from the interview:

“Everyone struggles. What I learned is that your struggle is supposed to be a chapter, not the whole damn story. But we make it the whole damn story and we self-sabotage sometimes and make problems worse.”

For more, check out the full interview.

Navigating Foreclosure: Effective Remedies and Costs | Go Gaddis Real Estate Radio

Here’s Mike on the Go Gaddis Real Estate Radio podcast.

Notable quote from the interview:

If you want bank assistance when you fall behind on your, on your payment responsibilities, they offer retention options. And that can be in the form of a loan modification, where you modify the terms of the note, which are not typically attractive in an environment like this. A lot of these people are sitting on two-three percent mortgages, right? So this option is better than foreclosure but not outstanding. It’s called a partial claim mortgage as long as you’re able to resume your normal payments in about 60 days, they’ll take the arrearage and tack it on to the back of the loan.”

For more, check out the full interview

Hope4Hardship Founder Michael Russell Shares Foreclosure Insights on W4CY’s Winning Business Radio with Kevin Hallinan

Hope4Hardship Founder Michael Russell recently appeared on W4CY’s Winning Business Radio with Kevin Hallinan. The episode aired on Monday, Easy 99.1, WPLM-FM’s South of Boston program, hosted by Rob Hogan, on Sunday, December 9.

In a wide ranging interview, Michael shared part of his journey, how he got started in real estate and why he founded Hope4Hardship. Here are a few bytes from the interview:

“The vast majority of the people I meet who have fallen behind on their mortgage payments have many other problems in their life as well. I relate to a lot of them. In my experience, it’s actually a lesser number of people who fall behind on their mortgage in my experience that are true victims. There is a small segment who through things outside their control found themselves in a situation…”

“Most banks are willing to do what’s called a partial claim mortgage and what that means is they take the arrearage that’s past due and tack it onto a second mortgage on the back end…”

“You don’t want a loan modification when you fall into this situation, because a modification of the terms closes at today’s current rates. Many of these people are in trouble at 2 1/2 percent mortgage rates. If you can keep that in place, handle the arrearage and keep your normal mortgage in place, it’s cheaper than rent.”

Hope4Hardship Founder Michael Russell Shares Foreclosure Insights on Real Estate Without Renters podcast

Mike Russell appears on Real Estate Without Renters

Hope4Hardship Founder Michael Russell recently appeared on Real Estate Without Renters podcast. Kevin Shortle hosts the podcast. Kevin had this to say about the interview:

“When you have a show and you do enough episodes, at some point in time, you do start to get emails from people saying, “So and so should be on your show,” and that sort of thing. A lot of times, it’s not a right fit. I got an email introducing our guest and that was probably the fastest one I’ve ever responded to and said, “Yeah, I want to get him on.”

Here’s a link to Mike’s appearance, entitled Mike Russell on Avoiding Foreclosure and Reclaiming Stability

To listen to the interview, click here.

Hope4Hardship names Michael Vaz co-founder

DATELINE: NEW BEDFORD, MA and DARTMOUTH, MA…

New Bedford, MA resident Michael Vaz was recently named co-founder of Hope4Hardship, a Massachusetts non-profit organization providing complimentary services to homeowners facing the devastating threat of being foreclosed on and losing their home.

Vaz will serve in this role in addition to his duties as a Realtor at the Century21 Signature Properties, 980 Reed Road in Dartmouth, MA. Vaz is also the owner of Vaz Construction of New Bedford, MA; a well-established, community entrusted construction company, specializing in both commercial and residential renovations, refits, building and development.

“Michael brings a wealth of experience to Hope4Hardship. The knowledge he’s gained both in real estate and running a successful construction gives him a perspective that will be incredibly helpful with our clients,” said Michael Russell, founder of Hope4Hardship.

Shares Vaz, “We all have struggles. There is nothing more gratifying than helping people who see no hope in saving their homes to find a positive resolution. Whether that’s saving their home or improving their situation so they can start anew.”

Vaz became a sales professional with CENTURY 21 in 2019. He’s also worked in the construction industry for 17 years, starting Vaz Construction in 2012. Today, Vaz Construction employs 47 people.

Vaz, a New Bedford, MA native, has strong, generational ties to the New Beford community.

Hope4Hardship’s services include consultation, representation on behalf of the homeowner in talks with banks and mortgage companies, administrative support, assistance application services and ongoing consultation. As a non-profit organization, Hope 4 Hardship offers its extensive services free of charge.

Whether it’s finding a way to keep your home or exploring other options, Hope4Hardship is committed to guiding homeowners toward the best possible outcome.

If you or someone you know is facing foreclosure or in the process being foreclosed, it’s essential to explore all options before making any life-altering decisions. Hope4Hardship is here to help. To schedule a confidential consultation, call 508-501-9214 or email help@hope4hardship.com.

About Hope 4 Hardship

Hope 4 Hardship is a non-profit corporation dedicated to helping homeowners in financial distress avoid foreclosure and find a path to financial recovery. Founded by Michael Russell, the organization has already helped thousands of homeowners regain control of their financial future. For more information, visit www.hope4hardship.org.

Hope4Hardship on RadioEntrepreneurs  

Hope4Hardship Founder Michael Russell recently appeared on RadioEntrepreneurs.com. The segment was hosted by RadioEntrepreneurs.com’s Jonathan Freedman.

In a 15-minute interview, Michael shared why he founded Hope4Hardship and the true irony of foreclosure. Here are a few bytes from the interview:

“95% of homeowners who fall behind on their mortgage want to retain their property. And all banks want the homeowner to stay in the property. They don’t want to foreclose. So, we go to work on a relatively systematic approach of helping these folks and creating assistance applications for various programs that are available out there and through the bank themselves.”

“There are 100 notices of intent to foreclose recorded in land court every week in Massachusetts in the last year.”

“I don’t ask any money from anybody ever to help them do this. And that is in large part just from my own experience in my life.”

“The thing that foreclosure affected most in my life was the collateral damage that ripped through my family as a result of that chaos. It took me all of 10 years to resolve those issues within my family and to turn my own life around.”

Behind on your mortgage payments? Are you ducking calls from your bank? Avoiding the mail? Have you tried to fill out assistance applications but didn’t succeed? Are you getting increasingly nervous?

We can help you start the process of reclaiming your life.