from CalculatedRisk From Alejandro Lazo at the LA Times: Short sales grow as a cheaper alternative to foreclosure. ... ...

Endorsements
HUD approved counseling agencies are approved by the U.S. Department of Housing and Urban Development (HUD).
HUD-approved housing counseling agencies help families understand the home purchasing process, how to get budgeting and credit problems fixed, and how to avoid predatory lending practices.
Agencies applying for HUD approval must meet the following criteria:
• Must have 501( ...

RESOURCES FOR HOMEOWNERS FACING FORECLOSURE
U.S. DEPARTMENT OF THE TREASURY

The U.S. President’s "Making Home Affordable" Plan
Making Home Affordable Website
http://www.makinghomeaffordable.gov/
U.S. Treasury Detailed Program Description
http://www.treas.gov/press/releases/reports/housing_fact_sheet.pdf
Borrower Q & A
http://www.financialstability.gov/docs/borrower_qa.pdf
Making Home Af ...