February,
2010 - Do not pay any one money to "help"
you avoid foreclosure or modify your home
loan. You can avoid the Foreclosure
scams which currently menace homeowners by
seeking advice from those who do not
personally profit from your dire situation.
There are at least two "walk-in" clinics to
help struggling homeowners are now open in
Phoenix. Neighborhood Housing Services of
Phoenix and Chicanos Por La Causa are
partnering with government-owned mortgage
giant
Freddie
Mac to
operate what are being called Borrower Help
Centers. These new centers provide free
financial
counseling
and help negotiating a loan modification
with lenders.
These walk-in
centers might prove to be more accessible to
some homeowners and even streamline the
process for Freddie Mac borrowers, said
Patricia Garcia Duarte, chief executive of
Neighborhood Housing. The Borrower
Help Centers are located at 1405 E. McDowell
Road and 1112 E. Washington St., Suite 102.
You can also
check with HUD counselors: at
www.HUD.gov.
Trust your gut, follow common sense, but do
not delay in getting help NOW.
The Helping Families Save Their Homes Act
(HFSTH) was signed
into law by President Obama on May 20, 2009.
(link
to the law)
