Loan Modification

Their information says that if you qualify for the federal home owners assistance, they can’t help you.
In reading their on line information, it appears they are nothing more than a referral service for several credit counselor business’. You can call any credit advisory agency in the phone book and save your self the hassle of dealing with them, because they will just send you to the credit advisory agency that is paying them for the referral.
Credit counseling business want to control your finances, they garnish your wages before anyone else can, and try to make arrangements for the bill collectors to take a smaller payment from them since they get your check first.
They can not stop foreclosures or repossessions. They can ask the creditor to delay foreclosures and repossessions since the creditor will eventually get paid over a longer time period and in smaller monthly increments. It is up to the creditor to agree or come get your home or car.
While Hope doesn’t collect directly from you, they do get referral fees from the Credit Counseling Agencies. Of course the credit counselors get a percent of your income for doing this.

Honestly – the best number to call would be your lender who has your loan. Make sure to ask to speak to the resolution department.
If you are honest and explain your situation they may be willing to renegotiate a relief payment for a year or two. you may not gain much on your equity during this time, but at least you will stop foreclosure.
Good Luck!
Tom

Call the White House and ask for Obama. Tell the receptionist that you voted for Obama. That should get you through.