Mortgages and Foreclosures

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.

The Department of Housing and Urban Development has a similar resource.

Making Home Affordable

The U.S. Government has programs that may help homeowners avoid foreclosure through its Making Home Affordable initiative. 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 website here that covers the various choices consumers have if they fear they will be facing foreclosure.