• Help For Homeowners Facing The Loss Of Their Home

(En Español)

• HELP 24 hours a day / 7 days a week
• Foreclosure Tax Relief
• Questions and Answers on Home Foreclosures and Debt Cancellation
• HUD Approved Housing Counseling Agencies List

(En Español)

• HUD Approved Housing Counseling Agencies: California Cities
• List of Approved Credit Counseling Agencies

• Learn the Foreclosure Process – The foreclosure process varies in every state and it’s imperative that homeowners understand this process. One thing is for sure, time is NOT on your side. But, an educated consumer is always an informed consumer who can make a “good” decision based on facts. Learn everything you can because this will affect you in every which way and it is something that should not be taken lightly.
• Foreclosure Laws by State – This section is dedicated to the various foreclosure laws to help you understand the legal process
• Avoid Foreclosure Scams- OCC Consumer Tips for Avoiding Foreclosure Rescue Scams.Foreclosures are increasing nationwide, and so are scams that promise to “rescue” homeowners from foreclosure. What these scams do is take your money, ruin your credit record, and wipe out any equity you have in your home.
• Example Hardship Letter- One of the items your lender or servicer will ask for during the loan workout or mortgage/loan modification process is a hardship letter. A hardship letter is a written explanation as to what “event” has caused you to fall behind on your mortgage and it vital in helping you stop foreclosure.
• Foreclosure Defense Tactics – Get your gloves on and start training for the fight of your life because foreclosure defense is going to be no easy battle.
• Lender & Loss Mitigation Contact Information – Find your lenders contact information.
• Qualified Written Request- Section 6 of RESPA provides borrowers with important consumer protections relating to the servicing of their loans. Under Section 6 of RESPA, borrowers who have a problem with the servicing of their loan (including escrow account questions), should contact their loan servicer in writing, outlining the nature of their complaint. The servicer must acknowledge the complaint in writing within 20 business days of receipt of the complaint.
• Short Sale Tips – The term “short sale” is very popular in today’s mortgage and housing market. There are potentially millions of people facing foreclosure and a lot of these homeowners are under water on their mortgages. Some will choose to stick it out and fight. However, many will decide to choose to walk away. Short sales are becoming more and more popular as an exit strategy for homeowners. Learn the methods, software and magic it takes to navigate the foreclosure process and get the help you need.
• Real Estate Short Sales the Right Way – If you find yourself in a difficult real estate situation where your home and loan is underwater, don’t fret, a short sale might just be the answer to help cure your mortgage woes.
• Can a Deed in Lieu of Foreclosure Cure Your Mortgage Woes? – For home borrowers (”mortgagors”) facing foreclosure, a deed in lieu of foreclosure provides an alternative solution to the standard default process. In particular, the deed grants the lender (the “mortgagee”) full rights to the property title.
• Mortgage Bankruptcy – Wipe Out Your Second Mortgage With Bankruptcy -If the courts remove this 2nd mortgage, this is known as “stripping” the lien, “cram down” or “strip down,” which can also occur if the loan is secured by other collateral that is part of the filing or if the home is not your principal residence, or even if the payment structure on the 2nd mortgage falls heavily during the bankruptcy filing itself.

• State Senator Contact Info

Department of Housing and Urban Development

Mortgage Servicing Complaints
Housing Counseling Agencies

• How to Avoid Foreclosure (82 KB PDF
• Tips for Avoiding Foreclosure
• Info on Escrow Accounts

Department of Justice (DOJ)

• File a Complaint with the FTC
• Credit Counseling Agencies Approved Pursuant to 11 U.S.C. § 111

Federal Housing Administration(FHA)

• You Can Avoid Foreclosure and Keep Your Home

Federal Trade Commission (FTC}

• File a Complaint with the FTC
• Credit & Loans
• Credit Repair: Self Help May Be Best
• Foreclosure Rescue Scams: Another Potential Stress for Homeowners
• Mortgage Payments Sending You Reeling? Here’s What to Do
• Mortgage Servicing Complaints and Info

Internal Revenue Service (IRS)

• Homeowners Who Lose Homes; Tax Relief Available to Many
• Q&A on Home Foreclosure and Debt Cancellation

Office of the Comptroller of the Currency (OCC)

• File a Complaint with the OCC
• Consumer Tips for Avoiding Foreclosure Rescue Scams

YES, More Mortgage Help!:

• Get Mortgage Help Now – By County
• Loan Servicer “Hotline” Contact Numbers
• What if You Cannot Pay Your Mortgage?
• (VA) – Trouble Making Payments
• Mortgage Payments Sending you Reeling? Here’s What To Do
• NeighborWorks America
• Neighborhood Assistance Corporation of America NACA
• National Association of Consumer Advocate Attorneys – NACA
• National Association of Bankruptcy Attorneys – NACBA
• Keys to Preserving Homeownership

Homeowner and Mortgage Modifications Scams: By all means DO NOT TRUST these phony loan modification companies that are preying on homeowners everywhere. Many of these fly by night companies are coming out of the wood work and their sole purpose is to scam desperate homeowners.You will see these scammer websites advertised all over the search engines like Google and Yahoo.Many make false claims that that they have a 98% success rate or they can obtain $100,000 mortgage loan principle reductions and their results are guaranteed. They take your $3,000 and you never see them again.

Other great mortgage help reads from Moe to help you in your quest.

• http://loanworkout.org/2008/09/safe-tools-to-help-you-through-the-foreclosure-process-from-loan-safe/
• http://loanworkout.org/2007/10/19/should-you-handle-a-loan-modification-on-your-own.aspx
• http://loanworkout.org/2007/10/18/tips-to-get-you-a-loan-modification.aspx
• http://loanworkout.org/2007/10/12/loan-modification-success-story.aspx
• http://loanworkout.org/2007/10/06/a-real-story-on-how-fight-for-a-countrywide-loan-modification.aspx
• http://loanworkout.org/2007/10/01/example-hardship-letter.aspx
• http://loanworkout.org/2007/10/04/fha-va-and-rural-mortgage-modification-information.aspx
• http://loanworkout.org/2007/07/09/whats-a-loan-workout–repayment-plan.aspx
• http://loanworkout.org/2008/10/you-walk-away/