Foreclosure Resource Center

New

A new Federal Reserve Board publication, "5 Tips for Dealing with a Home Equity Line Freeze or Reduction," explains consumers' rights and lenders' responsibilities when credit lines are reduced and provides information for those seeking to have a credit line reinstated. See the press release.

Consumer Information

Need legal advice?

Need to talk to a housing counselor?

Resources for homeowners

Falling behind on your mortgage? Need to refinance? Learn about mortgage assistance and refinance programs offered by the following agencies:

Fannie Mae and Freddie Mac :
- Making Home Affordable website for consumers
Federal Housing Administration (FHA):
- FHASecure
- Hope for Homeowners
Pennsylvania Housing Finance Agency:
- HEMAP
  - Technical Brief (273 KB, 2 pages)
  - HEMAP Help Center
- REAL and HERO
Philadelphia Neighborhood Housing Services (NHS): Loans for Legal and Sheriff's Fees
Delaware State Housing Authority:
- Delaware Residential Mortgage Foreclosure Mediation Program
- Delaware Emergency Mortgage Assistance Program (DEMAP)
New Jersey Housing and Mortgage Finance Agency:
- Homeownership Preservation Refinance Program (HPRP)
- Refinance Rehabilitation Program
New Jersey Housing Resource Center
Neighborhood Assistance Corporation of America: Home Save Program

Other informational websites and background information

Third District (Pennsylvania, New Jersey, and Delaware):

National:

A Consumer's Guide to Mortgage Refinancings
NeighborWorks America: foreclosure prevention information
HOPE NOW: foreclosure prevention information
Foreclosure Resources for Consumers (Federal Reserve Board of Governors)
You May Be Paying Too Much for Your Mortgage (Federal Reserve Bank of Boston) (181 KB, 4 pages)
Filing a Bank-Related Complaint (Federal Reserve Consumer Help)

Community Resources

Help your customers. Find an approved housing counselor, agency lender, or simply gather the resources and education to help consumers navigate the complex foreclosure process.

Foreclosure Mitigation Toolkit for Communities

The Foreclosure Mitigation Toolkit provides resources to assist communities in addressing the current turmoil in the housing market and minimize the impact of foreclosures on neighborhoods.

National Resources

Reclaiming Foreclosed Properties for Community Benefit — A website that highlights practices aimed at stabilizing neighborhoods.
Making Home Affordable — A consumer website created to provide information, including eligibility requirements, on the Home Affordable Refinance Program and Home Affordable Modification Program.
Stable Communities — Created by NeighborWorks America and designed to help communities respond to local problems that arise when foreclosed homes remain vacant. StableCommunities.org is where community development practitioners share success stories and learn what works to reverse the many negative impacts of foreclosure.

Counseling agencies

Learn about loan programs that can help your customers

Other resources

Research, Publications, and Other Background Information

Policy and Regulation

Events and News

Last update: August 7, 2009

Need Help Now?

Call one of the following foreclosure hotlines:

NeighborWorks Foreclosure Hotline (National)
1-888-995-HOPE
Save Our Philadelphia Homes Hotline
1-215-334-HOME
Don't Borrow Trouble Hotline (Suburban Philadelphia)
1-888-275-8843

Foreclosure Maps

The Federal Reserve System has provided dynamic maps and data that illustrate subprime and alt-A mortgage loan conditions across the United States.

Foreclosure Toolkit

The Foreclosure Mitigation Toolkit provides resources to assist communities in addressing the current turmoil in the housing market and minimize the impact of foreclosures on neighborhoods.