Saturday, July 25, 2009

There Is HOPE NOW, Outreach Efforts Available for Homeowners

What is HOPE NOW?
HOPE NOW is an alliance between counselors, mortgage companies, investors, and other mortgage market participants. This alliance will maximize outreach efforts to homeowners in distress to help them stay in their homes and will create a unified, coordinated plan to reach and help as many homeowners as possible. The members of this alliance recognize that by working together, they will be more effective than by working independently.

Click here to see full list of Alliance members. The Department of the Treasury and the U.S. Department of Housing and Urban Development encouraged leaders in the lending industry, investors and non-profits to form this alliance. 
Who can I call for help?
The Making Home Affordable Program is part of the President's broad, comprehensive strategy
to get the economy back on track. The plan will help up to 7 to 9 million families restructure or
refinance their mortgages to avoid foreclosure. The plan can help responsible homeowners
who are at risk of default or are facing foreclosure.
Q & A about the PlanDoes Fannie or Freddie own my loan?
Click here to learn more


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