“This is why"
Foreclosures can have a devastating effect on families and communities. While there are signs that the country and the housing market is recovering from this most recent financial crisis, there are still too many homeowners struggling to make their mortgage payments or facing the prospect of losing their homes.
New PSAs increase awareness of the Making Home Affordable® program’s free resources and assistance for distressed homeowners. This latest phase of the campaign aims to identify with struggling homeowners who may or may not be behind in their payments, but are working hard at juggling expenses to make ends meet. Many of these homeowners may be unaware that there could be MHA solutions that address their financial situations since there are now more options than have been offered in the past. The PSAs strongly encourage homeowners to be proactive and remind them that there are free government resources in place to help.
Homeowners are encouraged to call 888-995-HOPE and speak one-on-one with an expert at a HUD-approved housing counseling agency to identify potential solutions based on their individual circumstances. In addition, the campaign directs homeowners to the program website, MakingHomeAffordable.gov, an online resource for struggling homeowners to learn about MHA program options that help homeowners get mortgage help and avoid foreclosure.