Foreclosure Prevention Assistance
Making Home Affordable is an initiative from the U.S. government that includes a mortgage modification program to provide eligible homeowners with more affordable monthly mortgage payments. Since the program launch in March 2009, over 1.5 million families have gotten help from the program. The Federal government makes free resources available for struggling homeowners to help them learn about their options under the program and work with an expert at a HUD-approved counseling agency for free. The sooner a homeowner acts, the better the chance the program can help.
Sponsor: U.S. Department of Housing and Urban Development (HUD), U.S. Department of Treasury