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.


Interthinx has Your Blueprint for Quality_1375


Latest Top Stories

Uniting For Quality Appraisals

How AMCs and appraisers are collaborating to ensure accurate, quality property valuations.


Five Things Servicers Can Do Now To Improve Customer Satisfaction

It's a worthy goal, not just because it will satisfy regulators but also because it can yield measurable savings for the servicer's contact center.


Fannie, Freddie Lower Down Payment Requirements

The GSEs are now accepting conventional mortgages with a down payment of as little as 3%.


Zillow: First-Time Home Buyers Will Lead Recovery In 2015

Stan Humphries, chief economist for Zillow, says he expects "the allure of fixed mortgage payments and a more stable housing market will entice many more otherwise content renters into the housing market."


New Home Sales Rose Slightly In October

It was the fifth consecutive month that the U.S. Census Bureau and U.S. Department of Housing and Urban Development downwardly revised the previous month's new home sales estimate.

Urban Lending_id1351
Hse SandyHook
Industry Resource
Play for Pink
MBA-TX_id
SWBC_id1313