Fannie Mae and Miami-Dade County are working together to help people who are struggling to make their monthly mortgage payments. A Mortgage Help Center has opened in South Florida to help people with their mortgage needs.
The facility will be providing assistance to homeowners whose mortgages are owned by Fannie Mae to help them keep their homes. The center can help homeowners talk to their mortgage servicers and lenders about solutions to their problems. The company may be able to help with a loan modification, short sale, forbearance, or other foreclosure alternative.
Fannie Mae plans to open a number of centers, with the first one located in Miami. This means that they will be providing more resources to areas of the country that have been struggling with housing problems for a long time, with Florida being one of the worst affected.
What type of assistance do they offer?
There are many different programs and resources that you can use. This means that counselors will provide support in person, in multiple languages, from a group of housing counselors. The advisors can help homeowners with both reviewing, preparing and submitting the necessary forms and paperwork. This company has a direct line of communication with local and national banks, such as Wells Fargo, Bank of America, and others. They offer foreclosure and prevention programs in partnership with these banks and servicers. The staff will work with the homeowner and Fannie Mae to resolve any loan issues as soon as possible.
The government has set up the HAMP program to help homeowners in financial trouble, and part of that program includes free services from HUD-approved housing counselors. Homeowners who are struggling to make their mortgage payments may be able to get help from free services offered by the government. HUD-approved housing counselors can provide assistance to homeowners who are part of the HAMP program. There are no extra fees, no charges, and no expenses will come up. Another upside is that the mortgage counselors have a direct relationship with many participating banks and mortgage servicers. Your loan servicer is there to help you. They can help negotiate and mediate various options that may be available to you. Studies show that having a local, face-to-face point-of-contact will improve the homeowner’s experience. Fannie Mae has a mortgage help center that can assist you if you are behind on your mortgage payments or having difficulty staying current. The help center can reduce misunderstandings and miscommunication with banks and lenders, decrease homeowner frustration, and help establish clear expectations of the process. This sentence is in the passive voice. This sentence is not in the active voice.