|
Consumer Toolbox
Mortgages & Foreclosure
OCC Independent Foreclosure Review
The 14 largest mortgage servicers have begun contacting eligible
borrowers to explain how to request a case review if they believe they
suffered financial injury because of errors, misrepresentations or other
deficiencies in the foreclosure process between Jan. 1, 2009, and Dec.
31, 2010. Requests for review must be filed by April 30, 2012.
For more information, visit
www.IndependentForeclosureReview.com.
NOTE: The web address is case sensitive. An all lowercase
entry will take borrowers to a non-official site. Help with requesting a
review and answers to questions about the process are available at
1-888-952-9105.
Foreclosure Prevention
The FDIC has a resource
here to help homeowners avoid foreclosure. This information helps
borrowers know who to contact and what they need to have to apply for a
loan modification that could save their home.
Georgia Department of Community
Affairs
Georgia Department of Community Affairs State of Georgia
housing finance authority providing affordable mortgage finance and down
payment options to low to moderate income home buyers. One of the
programs providing assistance to borrowers directly is the
HomeSafe Georgia program.
HOPE NOW
The
HOPE NOW Alliance seeks to boost outreach efforts to homeowners in
distress helping them stay in their homes. (Add a note about this
including the largest 29 (I think) mortgage servicers in the country.
That should be somewhere in their About Hope Now info)
Making Home Affordable
The U.S. Government has two programs that may help homeowners
avoid foreclosure through its
Making Home Affordable initiative.
1.
The
Home Affordable Refinance Program gives homeowners with loans owned
or guaranteed by Fannie Mae or Freddie Mac an opportunity to refinance
into more affordable monthly payments.
2.
The
Home Affordable Modification Program commits $75 billion to keep up
to 3 to 4 million Americans in their homes by preventing avoidable
foreclosures.
knowyouroptions.com by Fannie Mae
If you are facing financial difficulties - whether they are short or
long term - start exploring your options today. Fannie Mae has put
together a comprehensive web site
here that covers the
various choices consumers have if they fear they will be facing
foreclosure
|
