Where Do I Turn For Help With My Mortgage?
Reader Mike is in a “challenging mortgage situation” and wants to know where he should turn for help.
Mike asks:
What’s the typical mortgagee’s point of contact to find out how all this bailout stuff affects them? If I have a challenging mortgage situation and want to see if I qualify for relief, what do I do? Call my mortgager? Write my congressman?
It sounds like you need some professional guidance. The FTC recommends contacting a housing counseling agency. Here is how they recommend finding one:
Call the local office of the U.S. Department of Housing and Urban Development (www.hud.gov) or the housing authority in your state, city, or county for help in finding a legitimate housing counseling agency nearby. Or consider contacting the NeighborWorks® Center for Foreclosure Solutions at 888-995-HOPE or http://www.nw.org. The Center is an initiative of NeighborWorks America.
Here’s NeighborWorks America’s Foreclosure Resource page, and here’s a Guide to Avoiding Foreclosure from HUD.
We hope that helps you, Mike. Good luck.
Mortgage Payments Sending You Reeling? Here’s What to Do [FTC]
Foreclosure Resources [NeighborWorks America]
Guide To Avoiding Foreclosure [HUD]
(Photo: Groovnick )
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