Resources
Many user-friendly and practitioner-focused web sites are being developed and maintained by government entities and national nonprofits. These sites invest significant staff time and resources to remaining current on the ever-changing array of programsand tools available to practitioners working to prevent or mitigate the impacts of foreclosure. Rather than replicating the excellent resources developed on these sites, links to several useful sites are provided.
Government:
U.S. Department of Housing and Urban Development
This link takes you to the foreclosure page of the HUD web site. Resources for homeowners facing foreclosure as well as practitioners are available at this site.
Obama Administration Foreclosure Prevention Initiative
You can find information about the Obama Administration's loan modification program by clicking on this link.
Maryland Department of Housing and Community Development
Information for practitioners and homeowners about state education and outreach activities as well as refinance programs.
nNational Nonprofits:
Center for Foreclosure Solutions
This NeighborWorks America site is geared toward foreclosure prevention professionals and includes information on training and certification, research and reports, and marketing and outreach.
Center for Housing Policy
By joining the Center for Housing Policy's foreclosure forum you can participate in ongoing dialogues with foreclosure prevention professionals. Also available on this site are new research briefs and best practices on state and local foreclosure prevent tools.
Foreclosure-Response.org
This is a website offering resources intended to help states and localities respond to the foreclosure crisis. This site is maintained by the Center for Housing Policy, KnowledgePlex, Local Initiatives Support Corporation (LISC), and the Urban Institute.
National Community Reinvestment Coalition
This site proves information on predatory lending as well as the National Community Reinvestment Coalition's refinance programs.
National Council of La Raza
Information on homeownership initiatives supported by the National Council of La Raza.
The Reinvestment Fund: Final Report on Mortgage Foreclosure Filings in Maryland
The United States Joint Economic Committee recently estimated that 15% of subprime mortgages currently in Maryland will go into foreclosure before the end of 2009, causing a $2.73 billion loss in property related wealth to Maryland residents and a $19.1 million loss in property tax. This report from The Reinvestment Fund takes a comprehensive look at mortgage originations, foreclosures, and delinquencies throughout Maryland.
Information about Private Lenders:
HOPE Now
The HOPE Now alliance was started as a partnership between housing counselors and servicers. Information can be obtained on how to contact individual servicers as well as how to connect with housing counselors across the country. A calendar of HOPE Now events is also included.
- HOPE for Homeownership Hotline (in English and Spanish) can be reached at 1-888-995-HOPE
Fannie Mae
This website provides information on Fannie Mae's refinance programs as well as a tool for determining if a loan is owned by Fannie Mae.
Freddie Mac
This website provides information on Freddie Mac's national anti-predatory lending campaign as well as resources for consumers.