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Hope Now

HOPE NOW is a nonprofit alliance between HUD, mortgage lenders and brokers, Fannie Mae and Freddie Mac, mortgage insurance companies and others who are involved in foreclosure prevention.  Homeowners who need assistance can contact them either at their website hopenow.com or by telephone at their hotline telephone number 1 800 995-HOPE.  For a list of members, visit their website.  Members must agree to comply with the HOPE NOW Servicing Agreement Guidelines.

Calendar of Events
Each month, HOPE NOW holds free seminars and events to inform the public about foreclosure prevention.  The calendar can be found on the above HOPE NOW website.

Guidance and Assistance
HOPE NOW counselors are waiting to help homeowners with options to prevent foreclosure of their home such as reinstatement, home affordable modification program, deed in lieu of foreclosure, short sale, and selling their home.  The help is free and available to all homeowners who are facing foreclosure.

HOPE NOW has reported helping over 200,000 homeowners during the months of January 2009 and February 2009 to save their homes from foreclosure by negotiating repayment plans and modifications for troubled homeowners.  Since foreclosure benefits neither party, seeking help early on and communication with your lender is the key to preventing your home from going to foreclosure.

Source: http://www.hopenow.com/industry_data.html