Lender Help - Avoid Foreclosure

The following are various lenders and the programs they provide to assist home owners with foreclosure prevention. So do not just throw those envelopes aside or avoid the phone calls, just go through the list of lenders to see what options are available.

The links are listed for each lender. Notice: this is not to be considered legal advice or financial advice, but just some helpful tips that our government suggests on how to handle your financial needs during this time of financial crisis in America.

=====================================================================================================

U.S. Department of Housing and Urban Development (HUD)

HUD is a U.S. government agency that works to increase home ownership and supports homebuyers. HUD offers free or low-cost foreclosure prevention counseling throughout the country.

 

To find out where the nearest counseling agency is in your area, please visit www.hud.gov or call toll free, 1.800.CALL.FHA (1.800.225.5342) for more information.

 

Avoid Foreclosure

Talk to a Housing Counselor

 

_____________________________________________________________________________________________________

HOPE NOW Alliance:

 

HOPE NOW is an alliance between counselors, mortgage companies and investors to create a unified, coordinated plan to reach and help homeowners facing financial hardship stay in their homes.

• HOPE NOW Alliance counseling organizations provide borrowers with in-depth debt management, credit counseling and overall foreclosure counseling
• all counselors affiliated with the HOPE NOW Alliance are HUD-certified and their services are free of charge
• an independent, non-profit counselor can help you understand your situation, identify your options and help you work with your mortgage company to hopefully find an alternative to foreclosure

For more information about help for homeowners, visit www.hopenow.com or call the HOPE Hotline: 1.888.995.HOPE (1.888.995.4673).

_____________________________________________________________________________________________________

Bank of America:

Refinance

Home Affordable Refinance

Loan Assistance Solutions (Scroll to Bottom of Page)

Government Home Loan Modification Program

FHA's Home Loan Modification Program

Forbearance

Reverse Mortgage

Reverse Mortgage Management

Short Sale

Deed in Lieu

Foreclosure

Homeowner Counseling Services

National Homeownership Retention Program

_____________________________________________________________________________________________________

Capitol City Bank:

Mortgage Information

 

_____________________________________________________________________________________________________

Wachovia: Wachovia Is Now A Part of Wells Fargo

Now that Wachovia is part of Wells Fargo, Wells Fargo Home Mortgage provides service to many Wachovia mortgage customers. Here’s what you need to know about this transition: Links Below Gives Information on mortgage accounts that have been converted and information on mortgage accounts that are still with Wachovia.

Wachovia Mortgage Welcome Center

Escrow & Taxes

Frequently Asked Questions (FAQs)

Wells Fargo & Wachovia Updates /Together

 

Wells Fargo:

Take Steps to Avoid Foreclosure

Payment Help/Alternative Repayment Options

Online Form to Request Help Right Now

Applying For A Loan

_____________________________________________________________________________________________________

FDIC: Failed Bank List

 

Total FDIC Failed Bank List

 

FDIC: Bank Failures in Brief

 

As stated above, Wachovia is now part of Wells Fargo. There are numerous other banks across the country that have failed with Georgia being the leading state so far as the state with the largest number of failed banks---approximately 30 so far since November 2009.

 

The FDIC is often appointed as receiver for failed banks. This page contains useful information for the customers and vendors of these banks. This includes information on the acquiring bank (if applicable), how your accounts and loans are affected, and how vendors can file claims against the receivership.  The Failed Financial Institution Contact Search displays point of contact information related to failed banks.

This list includes banks which have failed since October 1, 2000.

Listed below are links to mortgage fraud cases from the FDIC website:

 

McComb (MS) Lawyer Disbarred for Fraud

Mortgage Fraud Prosecutions and Additional Resources Buttress On-Going Mortgage Fraud Crackdown

 

More Than 400 Defendants Charged for Roles in Mortgage Fraud Schemes as Part of Operation “Malicious Mortgage"

 

Public Information:

The FDIC's Website is a storehouse of information and it is all available at your fingertips! The site contains consumer guides, research papers, statistics and data concerning the banking industry and economic trends, documents, and other information created or compiled by the FDIC. You can review the information on-line or download it for future use.Click on the link to the website.

Freedom of Information Act (FOIA)

 

 

 

_____________________________________________________________________________________________________