A new study finds that homeowners at risk of foreclosure who work with housing counseling organizations like NeighborWorks Green Bay are much more likely to have a positive outcome. They are almost three times more likely to obtain a money saving mortgage modification, nearly twice as likely to get caught up on missed mortgage payments, and about 60% less likely to fall behind again. Moreover, homeowners who owe more than the value of their home, and choose to sell, often benefit financially from working with a housing counselor.
Facing foreclosure is a challenging situation and can be very confusing. You can access an online educational course that will walk you through the foreclosure process and help you understand what you can expect based upon your personal situation. The course is free. This course will prepare you to meet with a NeighborWorks housing counselor for personalized services focused on your specific circumstances. To register, simply go to ehomeamerica.org.
How Counselors Make a Difference
Also please provide any document that shows exactly how your name appears on your 1st mortgage (i.e. mortgage statement, notice of default, communications from lender, etc.)
Completed forms can be emailed to firstname.lastname@example.org, faxed to 920-448-3078, mailed to 437 S. Jackson St., Green Bay, WI 54301, or hand-delivered to the NeighborWorks Green Bay office.