Welcome to Foreclosure Help Guide
Government Help Stopping Foreclosure Article
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Do You Need Help in the Foreclosure Process?
from:When you find yourself in the throes of foreclosure, help can seem unobtainable. There are many organizations that offer programs for those who need help in the foreclosure process. The internet is a great place to access information on these organizations. Many government and non-government agencies will offer this if you need help in the foreclosure process free of charge. Others are in the foreclosure business to make a profit. There are still others that are considered fraudulent and will take advantage of a desperate home owner. The best way to arm yourself against these harmful organizations is through research.
The HUD (US Department of Housing and Urban Development) web site is a great source of information when you need help in the foreclosure process. They will give you contact information for HUD approved counselors. These counselors will be able to review your current situation and give specific advice of options that will help your situation.
Many law firms specialize in helping those in need of help in the foreclosure process. They will help you to form a foreclosure defense, if necessary. They can review your current mortgage agreement and determine if predatory lending was factor. This tends to be a costly option for help in the foreclosure process. Exhausting the free assistance is the best decision before accessing this type of help.
There are also many private companies that will contact you once the foreclosure process is started. These companies claim to assist those in need of help in the foreclosure process, but caution needs to be used as they don’t always have your best interest at heart. Many of these companies profit from the misfortune of others and are not always legitimate. Be wary of people offering easy solutions to your problems. Never sign anything that you don’t understand. Always ask informed questions and don’t agree to work with any one company without first doing research on their history. The Better Business Bureau is a good resource for checking the validity of these companies.
When you need help in the foreclosure process, it is readily available, but you have to go after it and find it. Talk to your lender. They are the best source for finding help in the foreclosure process. Make sure you talk to the early on in the process. There are more assistance programs that are available if you have only missed 1-2 payments. The farther behind you get the less help in the foreclosure process is available. They have as much at stake in your foreclosure as you do. Research found that lending institutions lose an average of fifty to sixty thousand dollars for every foreclosure. They are in the mortgage loan business, not owning or selling houses. It is in their best interest to help you save your house and keep them out of the foreclosure process as well.
Government Help Stopping Foreclosure News
HUD secretary pitches housing assistance program in Triangle
A day after President Barack Obama proposed a vast expansion of government assistance to homeowners, his housing chief was in the Triangle to promote and explain the program.
Read more...GOP Candidates Offer Few Solutions for Florida's Mortgage Collapse
Florida's housing collapse is providing plenty of background scenery and talking points in Mitt Romney's campaign here so far, with the candidate staging rallies at foreclosure hot spots and struggling construction companies, blaming President Barack Obama and Newt Gingrich for the state's struggles and asserting he can solve the problems.
Read more...Obama unveils plan on housing
President Barack Obama is proposing new legislation that would change the way houses are bought, sold and refinanced as an effort to stabilize the nation's ailing housing system.
Read more...Bending the Rule of Law to Help the Banks: Effort to Draft a National Foreclosure Statute Underway
There is a slow moving but nevertheless troubling effort underway to change foreclosure laws across the US. The Uniform Law Commission, the same body that created the Uniform Commercial Code, a model set of laws that sought to harmonize commercial laws in all 50 states, has had two full day public but not well publicized meeting of a " study group " on mortgage foreclosure. Note that it took ...
Read more...Oregon Editorial Rdp
The Associated Press Editorials from Oregon newspapers Medford Mail Tribune, Jan. 21, on why state lawmakers need to focus on homeowner protection: When Oregon lawmakers gather in Salem for their February session, they must take the time and summon the will to save thousands of homeowners from foreclosure. Yes, the legislative agenda is packed, including rebalancing a crippled state budget and ...
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