Fannie Mae has a new Website that offers Home Owners information and Education to help navigate the often confusing worlds of Loan Modifications, Refinancing, HAMP, HAFA, Deed-in-Lieu, Short Sales, Forebearance, and Deed-for-Lease Programs.
Using a combination of Videos, Calculators and written information the site is very useful in preparing a Home Owner to take the fear out of getting in touch with either a HUD Counselor or their Loan Servicer and take action to take steps towards a resolution of their current mortgage woes.
The Website is divided into the following Sections:
- Options to Stay in Your Home
- Options to Leave Your Home
- Resources
- Beware of Scams
- Take Action
There are Downloadable Forms, including a "Contact Log" to help a Home Owner keep track of their contacts with their Servicer.
The site has a list of Mortgage Servicers with both websites and phone numbers.
The goal is to provide information and access to Home Owners to be able to take the fear out of taking the first step to make contact with their Lender and move forward on a solution to their present hardship.
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