Thursday, May 31, 2012
House Democrats promote program to help homeowners avoid foreclosure
• Foreclosure alternatives
• Resources for unemployed homeowners and homeowners who owe more than their homes are worth
Through the program, HUD-approved housing counselors will advise homeowners as they gather documentation, complete paperwork and work with mortgage companies. This will help people avoid scams.
“These are real experts providing real advice for real problems,” McCune Davis said. “It is hard to know where to start when trying to save a home from foreclosure. It becomes even more difficult when there are so many companies and people out there willing to exploit the situation. Having reliable help from trained professionals is invaluable.”