Mortgages & Foreclosure
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
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.
Alliance seeks to boost outreach efforts to homeowners in distress
helping them stay in their homes.
Making Home Affordable
The U.S. Government has two programs that may help homeowners
avoid foreclosure through its
Making Home Affordable initiative.
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.
Home Affordable Modification Program commits $75 billion to keep up
to 3 to 4 million Americans in their homes by preventing avoidable
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