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 5 ...

I've excerpted below from a paper by New York Fed Researchers Andrew Haughwout, Ebiere Okah, and Joseph Tracy: Second Chances: Subprime Mortgage Modification and Re-Default with additional preface comments from Calculated Risk a Finance and Economics Blog.

Although the paper uses subprime data, the general results are applicable to all mortgages. The researchers point out that principal reduct ...

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 ...