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Housing

THE NATIONAL BLACK CHURCH INITIATIVE TEN EASY STEPS FOR SAVING YOUR HOME FROM FORECLOSURE AND GETTING ASSISTANCE.

One Stop Housing Resource Center

Step 6 - Fannie Mae, Freddie Mac and their programs to assist Homeowners

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Supporting Low Mortgage Rages by Strengthening Confidence in Fannie Mae and Freddie Mac.

This is the role that Fannie Mae and Freddie Mac are playing within President Obama's program. If you have a Fannie Mae or Freddie Mac Mortgage, contact them immediately you may qualify for assistance.

The Homeowner Affordability and Stability Plan is part of President Obama's broad, comprehensive strategy to get the economy back on track. The plan will help up to 7 to 9 million families restructure or refinance their mortgages to avoid foreclosure. In doing so, the plan not only helps responsible homeowners on the verge of defaulting, but prevents neighborhoods and communities from being pulled over the edge too, as defaults and foreclosures contribute to falling home values, failing local businesses, and lost jobs.

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