Have there been additional options besides forbearance agreements?

HUD, the newest Virtual assistant, Fannie mae, and you will Freddie Mac wrote regulations to choose qualification additionally the conditions for modifying the borrowed funds.

NY’s Homeowner Defense System (HOPP), funded through the Nyc Attorney General, and offers free houses counseling and you can legal services to own people facing foreclosure. These types of non-profit businesses help residents having losings mitigation. Continue reading →