This is a free phone line that is open 24/7 for any distressed homeowners seeking foreclosure counseling.  The Homeownership Preservation Foundation provides expert counseling through HUD approved non-profit agencies.

According to Treasury Secretary Henry M. Paulson, Jr. remarks on "Current Housing and Mortgage Market Development" at Georgetown University Law Center on October 16, 2007:

"Recent surveys have shown that as many as 50 percent of the borrowers who have gone into foreclosure never had a prior discussion with a mortgage counselor or their servicer".  This is a travesty!

Every mortgage and real estate professional should know there is a toll free number they can give to any homeowner in America having trouble making payments in this present housing crisis.

Let's all do our part to help these troubled borrowers by having this toll free number with us at all times throughout the week: 888-995-HOPE

Real estate and mortgage professionals CAN make a difference!

Paul