BORROWER RESOURCES

U.S. Department of Housing and Urban Development (HUD)
HUD provides a variety of resources for homeowners at risk of foreclosure. The Department funds free housing counseling services throughout the country. HUD-approved counselors can help homeowners understand the law and their options, organize their finances, and represent borrowers in negotiations with their lenders if this assistance is needed. Learn More

• Telephone: 1-800-569-4287
• HUD-Approved Housing Counseling Agencies in your state: http://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm?weblistaction=summary
• Additional HUD resources for avoiding foreclosure: http://www.hud.gov/foreclosure/index.cfm
 
NeighborWorks
NeighborWorks was created by Congress to provide financial support, technical assistance, and training for community revitalization efforts. NeighborWorks provides a variety of resources for preserving homeownership in the face of rising foreclosure rates including HOPE for Homeowners, a toll-free national hotline that offers free foreclosure prevention and counseling advice from a third party, HUD-certified, not-for-profit network of counseling agencies dedicated to helping homeowners avoid foreclosure.
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• HOPE for Homeownership Hotline (in English and Spanish): 1-888-995-HOPE
• Find a HUD-certified NeighborWorks organization: http://www.nw.org/network/nwdata/hudhousing.asp
• Information on the Center for Foreclosure Solutions: http://www.nw.org/network/neighborworksProgs/foreclosuresolutions/default.asp
 
Government Sponsored Enterprise Resources:
GSEs also provide excellent resources for Congressional offices seeking to aid constituents facing or at risk of foreclosure:
 
Fannie Mae
Fannie Mae’s Know Your Options provides educational tools and resources that are beneficial for potential and current homeowners, including options for avoiding foreclosure. 
• Find more information at: http://www.knowyouroptions.com
 
Freddie Mac
Freddie Mac helped to develop and fund Don’t Borrow Trouble, a comprehensive consumer awareness and foreclosure prevention campaign. In addition, Freddie Mac has partnered with national non-profit organizations, counseling agencies and several lenders on a foreclosure-avoidance initiative designed to reach out to delinquent borrowers early on and provide appropriate counseling through trusted intermediaries to help avoid foreclosure.
• Information on Don’t Borrow Trouble: http://www.dontborrowtrouble.com/