The FTC works for the consumer to prevent fraudulent, deceptive, and unfair business practices in the marketplace and to provide information to help consumers spot, stop, and avoid them. Its Homes webpage explains different types of mortgages, what to do before contacting your loan servicer, and how to be alert to scams.
Freddie Mac offers step-by-step suggestions for saving your home from foreclosure.
Making Home Affordable is part of the new federal Financial Stability Plan. Up to 9 million American families may be eligible to refinance or modify their loans to a payment that is affordable now and into the future.
Information and links to agencies and organizations that may be able to help consumers.
HUD approved housing counselors can help you evaluate your income and expenses and understand your options.