BEWARE!  There are many predatory foreclosures rescue scams out there! 

  • DO NOT pay a fee for credit counseling.  HUD-approved counselors will provide this free of charge - see link below.
  • DO NOT  sign over or transfer the deed or title to your property to someone claiming to help you.
  • DO NOT pay a third party to help you modify your loan.  Modifications should be handled directly with your lender .
  • DO NOT allow any third party - other than your HUD-approved counselor or real estate agent working on a short sale - to contact your lender on your behalf. 

Find more information on Mortgage Modification and Foreclosure Rescue Scams here:

http://www.occ.gov/ftp/ADVISORY/2009-1.html

 

Foreclosure Avoidance:

 

HUD Information on Avoiding Foreclosure and Credit Counseling

http://portal.hud.gov/portal/page/portal/HUD/topics/avoiding_foreclosure

 

 

Making Home Affordable Program Links and Resources


Summary of Guidelines from the U.S. Treasury:
http://www.treas.gov/press/releases/reports/guidelines_summary.pdf

The Making Home Affordable plan website:
http://makinghomeaffordable.gov/

This site includes detailed information on eligibility, and a locator tool to find a HUD-certified housing counselor in the area.

Detailed Fact Sheet from the U.S. Treasury:
http://www.treas.gov/press/releases/reports/housing_fact_sheet.pdf

Borrower FAQ provided by www.financialstability.gov:
http://www.financialstability.gov/docs/borrower_qa.pdf

Find out if your loan is owned or serviced by Freddie Mac or Fannie Mae:

Freddie Mac:
http://www.freddiemac.com/avoidforeclosure/ (Look for the link in the right-hand column under “Does Freddie Mac Own Your Loan?”)

Fannie Mae:
http://loanlookup.fanniemae.com/loanlookup/