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Stop foreclosure with HOPE NOW

HOPE NOW was created under the encouragement of the Department of Housing and Urban Development (HUD) and the Department of Treasury for mortgage companies, investors, counselors and mortgage market participants to help homeowners undergoing financial distress to stay in their homes.

The Web site is HopeNow.com. There is also a 24-hour hotline phone number. Call 1-888-995-HOPE for assistance.

HOPE NOW is a free service. Its main goal is to help you and others in distress avoid foreclosure.

HUD provides approved housing counseling agencies in your area to help work through foreclosure, credit and default housing issues. For a complete list of HUD counseling agencies click here. HUD counselors can provide valuable information on how to stop foreclosure. For example, if you have any equity in your home one idea to consider is to set up a reverse mortgage. Contact a HUD counselor to get more information about a reverse mortgage, as well as other ideas on how to prevent foreclosure.