in News > Mortgage Servicing
print the content item


Freddie Mac is teaming up with nonprofit organizations in the Atlanta, Las Vegas and Los Angeles areas to open walk-in Borrower Help Centers where delinquent borrowers can get free and confidential financial counseling designed to help them stay in their homes by pursuing mortgage workouts and avoiding foreclosures.

The organizations participating in the new walk-in Borrower Help Centers are the D&E Financial Education and Training Institute in Forest Park, Ga.; Chicanos Por La Causa in Las Vegas; and the West Angeles Community Development Corporation in Los Angeles. Freddie Mac launched its Borrower Help Center effort in 2010, opening centers in Chicago, Phoenix, San Bernardino, Calif., and Washington D.C.

"Freddie Mac's Borrower Help Centers are a proven tool for helping more borrowers stay in their homes and protecting more communities from the destabilizing effects of avoidable foreclosures," says Dwight Robinson, chief diversity officer and senior vice president of human resources, outreach and diversity at Freddie Mac.




Latest Top Stories

CFPB, FTC, States Take Action Against Foreclosure Relief Companies

The CFPB says the three companies collected a total of more than $25 million in illegal advance fees for foreclosure relief.


The 'Widespread Contagion' Of Foreclosure Is Now Contained

RealtyTrac says in its midyear report that foreclosure activity has dwindled back down to historic levels and that it is on track to continue the pace.


New Housing Finance Reform Bill Introduced In Congress

Three congressmen are taking a new crack at balancing public and private involvement in housing finance.


Julian Castro Confirmed As HUD Secretary

The 39-year-old, third-term mayor of San Antonio will replace current HUD Secretary Shaun Donovan, who will next lead the White House Office of Management and Budget.


'Middle Ground' GSE Reform Proposal Would Keep Fannie, Freddie Alive

Proposal provides an explicit government guarantee "but taxpayer money will be protected through adequate private-sector capital and accurate pricing of government reinsurance."

LenderLive_id1241
Hse SandyHook
Industry Resource
SM Subservicing Directory_id1035
CMBA_id1228
BSI_id
Safeguard_id1295