Need Help with Your Mortgage? Help Is Still Available

The federal Making Home Affordable (MHA) program – which included the Home Affordable Foreclosure Alternatives (HAFA) program – expired on Dec. 31, 2016. However, if you are still facing mortgage troubles, many options still exist to assist you. First, contact your mortgage company directly to find a possible solution to your mortgage troubles. Second, you can look to these federal and nonprofit organizations for information and assistance: 
  • U.S. Department of the Treasury Hardest Hit Fund® (HHF)
    State housing finance agencies use funds provided by the HHF to develop programs to help families avoid foreclosure in 18 states and the District of Columbia. Many HHF programs include mortgage assistance for unemployed homeowners, principal reduction, funding to eliminate homeowners' second lien loans, and help for homeowners who are transitioning out of their homes. For details and to determine if your state has HHF funds available, contact your state's housing finance agency.
  • U.S. Department of Housing and Urban Development (HUD) Housing Counseling Services
    HUD sponsors housing counseling agencies throughout the country that can provide advice on buying a home, renting, mortgage default, foreclosure and credit issues, at NO cost to you. Use this tool to search for a HUD-approved housing counseling agency near you.
  • Homeownership Preservation Foundation (HPF)
    Partnered with and supported by HUD and the U.S. Department of the Treasury, HPF is a nonprofit organization that helps struggling homeowners navigate their budget problems and avoid mortgage foreclosure, free of charge. HPF also manages the Homeowners' HOPE™ Hotline at 888.995.HOPE™. Housing experts are available 24/7/365, providing free foreclosure prevention counseling and advice to homeowners in 170+ languages. Visit 995hope.org or call 888.995.HOPE to learn more.
  • Consumer Financial Protection Bureau (CFPB)
    Known as the nation's top consumer watchdog agency, the CFPB shares resources for homeowners seeking mortgage help, along with information on where to report mortgage modification scams, should homeowners suspect they have been scammed by an individual or organization.
  • NeighborWorks America (NeighborWorks®)
    NeighborWorks distributes grants to organizations that provide housing counseling services through the National Foreclosure Mitigation Counseling (NFMC) program. These grants also fund legal assistance for homeowners and the training of foreclosure counselors. More than 2 million homeowners have been counseled through the program. Learn more
    HOPE NOW is an alliance between housing counseling agencies, mortgage companies, investors, regulators and other mortgage market participants. In addition to providing tools and resources homeowners can use to find housing counselors, information about scams and more, HOPE NOW regularly hosts outreach events in cities across the country where homeowners can meet face-to-face with their mortgage company to find a workable solution on the spot. Visit hopenow.com for more information.
Just because MHA is no longer available for homeowners experiencing mortgage troubles, don't give up. Check with the listed organizations for help.