The U.S. Department of Housing and Urban Development (HUD) sponsors housing counseling agencies designed to help homeowners avoid losing their homes. To obtain a list of HUD-approved counseling agencies, please call (800) 569-4287 or visit www.hud.gov.
Home Learning Center – Operated by the Mortgage Bankers Association, HomeLearningCenter.com provides helpful tips and information for homeowners as well as a Foreclosure Prevention Center for borrowers who may be having difficulty making their mortgage payments.
NFCC – National Foundation for Credit Counseling refers borrowers to NFCC-certified credit counselors who can provide guidance about your options and where to turn to for help. Consumers can take the Mortgage Reality Check, an easy-to-take quiz that helps borrowers gain a better understanding of how their mortgage fits their current budget and income.
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
Contact Madison Management Services today to learn more.