Home Foreclosure Advisors Teams up with Foreclosure Prevention Companies

by admin ~ October 28th, 2008.

Home Foreclosure Advisors provides foreclosure prevention assistance for homeowners and mortgage industry professionals to support activities that champion the benefits of home ownership and retention.  Borrowers facing foreclosure can contact our Loan Modification Division. If you prefer working with a group you’re more familiar with, the Loan Modification Outlet has teamed with a number of lending partners like Countrywide, Chase, Citi, IndyMac and Wells Fargo is efforts to provide superior home preservation counseling:

Neighborhood Assistance Corporation of America (NACA)
Home Foreclosure Advisors joint initiative with the Neighborhood Assistance Corporation of America (NACA) helps Countrywide borrowers preserve homeownership. It combines Countrywide’s home preservation options with NACA’s comprehensive Home Save approach, which includes individual counseling and the development of a documented affordability budget. This fee-for-service program enables Countrywide to work with NACA to develop extremely effective home retention plans for our borrowers. If you seek assistance and want to participate in NACA’s Home Save Program, please complete the Mortgage Questionnaire on the link below. This provides NACA with the basic information about your mortgage(s) and your financial situation. NACA may be able to assist you through refinancing or working with your lender.

NeighborWorks America Center for Foreclosure Solutions
The NeighborWorks Center for Foreclosure Solutions was created to preserve home ownership in the face of rising foreclosure rates. Countrywide is a founding member of the national partnership of lenders that launched the Center. In cities and states with high rates of foreclosure, the Center works with local leaders to create sustainable foreclosure intervention programs.

Homeownership Preservation Foundation (HPF)
The Homeownership Preservation Foundation, a national nonprofit organization, creates partnerships with local governments, other nonprofits, and lenders to help families overcome obstacles that could result in the loss of their homes. Countrywide is a strong supporter of their foreclosure prevention hotline at 1-888-995-HOPE, which is the cornerstone of their assistance.

ACORN Housing
ACORN Housing, a national nonprofit, provides free housing counseling to low- and moderate-income homebuyers. In a special project to help Katrina victims, Countrywide worked with ACORN Housing to help identify solutions for those customers who lost their home. Countrywide supports their Home Equity Loss Prevention (HELP) Hotline at 1-888-409-3557.

National Foundation for Credit Counseling (NFCC)
The National Foundation for Credit Counseling is comprised of over 100 nonprofit, community-based agencies with more than 900 local offices throughout the country. Countrywide sponsors special training for counselors within NFCC’s affiliate, to teach the best practices identified for foreclosure prevention and loss mitigation counseling.

Home Foreclosure Advisors is dedicated to assisting homeowners with loan modifications that produce mortgage payments that are more affordable.

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4 Responses to “Home Foreclosure Advisors Teams up with Foreclosure Prevention Companies”

  1. loan modifications Says:

    Has anyone heard about something called a loan modifications, it’s modify your mortgage within 60-90 days in most cases.

  2. credit repair Says:

    Please send us some of your mortgage turn-downs. We have credit success repairng and rstoring credit scores.

  3. Laura Zapata Says:

    Good afternoon,

    My situation is as follows:

    Me and my husband, we are currently working with stady jobs.
    We have two homes, both loans are through country wide. Our homestead have a interest only method of payment and the apartment in under the negative amortization.
    On 2007 our combined property taxes were $5,700 and on 2008 it increased to $13,500, the HOA for the apartment was $205.00 this year for assesments and etc they increased it $900.00.
    We received on 2007 $2,200 monthly rental on the apartment and this year it decreased to $1,800. Oue tenant will leave in January 2009 and with the market situation we do not think we will get a new one soon and not for the same rent either. We need to loan modifications for both mortgages in order to not be delinquent.

    Please let me know if you can help us and how much do you charge. thanks laura

  4. FHA Streamline Refinance Says:

    FHA Streamline loans may not be available for delinquent FHA homeowners. 60 and 90-day late mortgages are not acceptable with the fHA streamline guideliones.

    My law firm has been getting more and more calls recently from homeowners that were victims of predatory lenders who put them into an unaffordable loan and now fell into the hands of those same people who sold the toxic loans but profess to be saviors… DON’T BE A VICTIM TWICE! What’s that they say, “Fool me once, shame on you, but fool me twice, and I’ll sue your butt!”

    Do your homework and THOROUGHLY investigate any firm before hiring them to save your biggest asset and the place you call “home.” Scammers are popping up like dandelions on a freshly mowed lawn in April. They advertise on the Internet, freeway billboards, radio, television, and print media everywhere, not to mention spamming your email box with those third-world widows needing someone to receive three million dollars for them. Make no mistake, in many cases, these “loan modification experts” are the exact same loan officers and mortgage brokers who fleeced homeowners the first time around. After losing their jobs with the crash of the mortgage industry, they have found a new way to make ill-gotten profits from hard-working homeowners through loan modifications.

    In California, with very few exceptions (and attorneys are one exception… no coincidence there… attorneys make the laws), it is against the law for anyone to take money up front for helping a homeowner who is in default. Don’t trust a company that begins its relationship with you by breaking the law.


    Hire an attorney – and not just any attorney either – one with experience in mortgage law, not just one with real estate law experience but one with experience in both FEDERAL and STATE litigation against mortgage companies, one who doesn’t also do family law, criminal law, admiralty law, and immigration law as well, one who limits the practice to mortgage law (or at least a great majority of it), one who has the experienced staff, training, and know how to take on the big lenders and their top notch lawyers (lenders have attorneys – and darn good ones – check out their counsel on the web – big names top schools, shouldn’t you have a lawyer too?).

    We are not talking about a refund on your broken television here, we are talking about hundreds of thousands of dollars and your HOME – if you don’t think this is the time to hire a highly educated and experienced professional instead of a weekend schooled, almost out of work, broker slash loan officer slash “expensive water in a wine bottle with alleged magical curative powers” salesperson, I don’t know what would make you take things seriously.

    Of course, this is one obnoxious lawyer’s totally biased opinion, but one based on many many distressing calls to my office every day. And, yes, my firm loves taking cases against loan modification companies who have violated laws. This field is quickly becoming one of the fastest growing sections for our mortgage law firm.

    - Paul J. Molinaro, Esq.