The following is a list of government and private agencies that can provide assistance to homeowners who are having trouble with their home loans.

U.S. Department of Housing and Urban Development (HUD)

HUD provides a variety of resources for homeowners at risk of foreclosure. The Department funds free housing counseling services throughout the country. HUD-approved counselors can help homeowners understand the law and their options, organize their finances, and represent borrowers in negotiations with their lenders if this assistance is needed. Telephone: 1-800-569-4287. Find HUD-Approved Housing Counseling Agencies in your State, here.

State Attorneys General

Homeowners who suspect that they have been a victim of fraud, misleading information, or other deceptive lender practices, should contact their the office of their state Attorney General. These offices investigate complaints and sue lenders and other mortgage originators for alleged illegal behavior. In addition, several state Attorneys General have been instrumental is setting up multi-agency foreclosure prevention task forces that provide financial resources and proactive intervention for homeowners facing or at risk of foreclosure. Find the office of your state Attorney General, here.

State Housing Finance Agencies

State Housing Finance Agencies administer a wide range of affordable housing and community development programs. A number of state HFAs have partnered with other entities (including nonprofit counseling agencies, local governments, state housing departments and lenders) to provide comprehensive foreclosure prevention and mitigation strategies. Find your state housing finance agency, here.

NeighborWorks

NeighborWorks is a national network of more than 240 community-based nonprofit organizations (located in 50 states) created by Congress to provide financial support, technical assistance, and training for community revitalization efforts. NeighborWorks provides a variety of resources for preserving homeownership in the face of rising foreclosure rates including HOPE for Homeowners, a toll-free national hotline that offers free foreclosure prevention and counseling advice from a third party, HUD-certified, not-for-profit network of counseling agencies dedicated to helping homeowners avoid foreclosure. NeighborWorks has teamed up with the Homeownership Preservation Foundation and the Financial Services Roundtable to provide this service. HOPE for Homeownership Hotline (in English and Spanish): 1-888-995-HOPE. Find a HUD-certified NeighborWorks organization, here. Find information on the Center for Foreclosure Solutions, here.

National Community Reinvestment Coalition (NCRC)

NCRC is a national coalition of more than 800 non-profit organizations that seek to increase the flow of private capital into underserved communities. the NCRC Consumer Rescue Fund works with victims of predatory lending to provide mediation, refinancing or renegotiation of mortgages. Refinancing services are currently available in the states of: Alabama, Arizona, California, Florida, Georgia, Illinois, Indiana, Maryland, Massachusetts, Nevada, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, Texas and Wisconsin. The NCRC Information and CRF Services line: 202-628-8866. Find the website for the CRF, here.

National Council of La Raza (NCLR)

NCLR is the largest national Hispanic civil rights and advocacy organization in the United States. The NCLR Homeownership Network of 42 community-based organizations provide home ownership counseling and can intervene between borrowers facing financial crisis and the lenders and/or mortgage servicer. Contact the NCLR: 202-785-1670. Find the NCLR Website, here.

Neighborhood Assistance Corporation of America (NACA)

NACA is a national non-profit advocacy and homeownership organization. NACA's Refinance Program offers new loans to eligible homeowners with unaffordable mortgages. NACA's Home Save program gives counseling and financial assistance to eligible homeowners who are at risk of foreclosure. NACA's Information and Refinancing Services line is: 1-888-302-NACA. Find the NACA website, here.

Government Sponsored Enterprises

The GSEs are a hybrid form of a corporation designed to use privately provided capital in pursuit of publicly developed missions. While part of the national "too big to fail" syndrome, and backed with private money from New England families, and private central banks like Bank of America, the GSE have enjoyed their ability to securitze mortgage loans with high, designed to fail terms, and market those defective securitizations around the world on the Secondary Market, with impunity. In 2008, amid the Wall Street economic collapse, many congressmen and senators who were members of the Board of Directors of the GSE began to resign amid allegations of widespread internal fraud. In April of 2009 the Chief Financial Officer of Freddie Mac, one of the two largest GSEs, committed suicide.

Nevertheless, the the largest of the GSEs, Fannie Mae, and Freddie Mac, still provide resources for Congressional offices seeking to aid constituents facing or at risk of foreclosure. Call your congressperson, and be politely aggressive. In fact, with the central banks destruction of the Secondary Market by their increasing flood of too-good-to-be-true, high yield, designed to fail mortgage obligations, about the only places left to finance real estate anywhere without putting down 40% and having a hefty nest egg in the bank, are the government backed and taxpayer supported GSEs. Unfortunatley, the maximum loan amount handled by the GSEs is $729,000.00, and therefore, millions of homeowners who need to refinance, but have mortgages in excess of $729,000.00, have been left without the opportunity.

Fannie Mae

Kept in operation by infusions of taxpayer stimulus money, the Fannie Mae HomeStay Initiative continues to provide flexible mortgage products that help homeowners with loans under $729,000.00 and blemished credit histories refinance. Fannie Mae also states that they provide counseling and foreclosure prevention services. Additionally, Fannie Mae represents that they continue to attempt to work with three state housing finance agencies (Massachusetts, New York, and Ohio) to develop refinancing programs to assist homeowners who are facing foreclosure or have a mortgage product that may no longer be suitable to their financial situation. Fannie has designed a product that allows eligible at-risk homeowners to refinance into 30-year fixed rate mortgage loan. For information on other Fannie Mae refinancing initiatives contact state HFA agencies in MA, NY and OH. Find information on the HomeStay Initiative, here.

Freddie Mac

Freddie Mac helped to develop and fund Don't Borrow Trouble, a comprehensive consumer awareness and foreclosure prevention campaign. In addition, Freddie Mac has partnered with national non-profit organizations, counseling agencies and several lenders on a foreclosure-avoidance initiative designed to reach out to delinquent borrowers early on and provide appropriate counseling through local intermediaries to help avoid foreclosure. Find Information on Don't Borrow Trouble here.

Legal Remedies:

In addition to the resources above, some homeowners may want to retain an attorney to help navigate the legal system. But even if you cannot afford a protracted lawsuit, do not be so fast to leave your home just because you are "behind" on your mortgage. Those payments might not be due at all, or if they are, they are probably not owed to the entity you are paying. In almost EVERY case, thanks to MERS, and as a result of the loan originators failing to properly deliver the promissory notes to the securitization trusts, the so-called lender seeking to foreclose on your home probably never even owned your mortgage or your note in the first place. So don't be a victim... Challenge EVERYTHING!!! Bring the lack of standing to foreclose in a motion to the attention of a judge. But be sure to have your evidence of the lack of proper assignment attached as an exhibit.

Sooner or later, the courts will have to stop ignoring this travesty, wherein they are thereby allowing the banks to fabricate notes for the ones they either cannot find, or cannot submit because their assignments are null. For if the nation's largest monopoly banks are allowed to continue foreclosing on homes without being required to proove ownership of the note, then, they will simply be able to steal anyone's home, at any time. Find a guide to looking up the public records for the assignments of your mortgage, here.

National Association of Consumer Advocates

The National Association of Consumer Advocates (NACA) is a nationwide organization of more than 1000 attorneys who represent and have represented hundreds of thousands of consumers victimized by fraudulent, abusive and predatory business practices. NACA attorneys have represented thousands of victims of predatory lending practices. The legal services are provided by legal service lawyers and private practice attorneys who provide free or low-cost legal representation. Contact the NACA: 202-452-1989. Find an attorney through the NACA, here.

Prosper Law Group

Prosper Law Corp. was formed by a group of experienced attorneys with decades of experience in debt negotiations, workouts, restructuring, finance and debtor defense for both individuals and corporate clients. Prosper also has specialized paralegal underwriters and negotiators with real estate lending expertise who underwrite each file and provide guidance to borrows on each step that is essential for successful results such as structuring a hardship letter so that it covers the key information that lenders require.

Focused exclusively in the practice area of foreclosure avoidance, which can include short sales, short pay re-financings under new federal programs, forbearance, deed-in-lieu of foreclosure, and litigation, the Prosper Law Group actively tracks new state and federal programs, and provides free advice on new developments in their email newsletter.

The Main Office of the Prosper Law Corporation is located at 5301 Beethoven Street, Suite 109, Los Angeles, CA 90066. Telephone: (800) 808-9798, Fax: (800) 808-0428, Email: help@prosperlawcorp.com. Find their website, here.

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