|
|
| |
Mortgage FORECLOSURES |
|
| |
|

|
ATTORNEY GENERAL'S MORTGAGE FRAUD TASK FORCE
Foreclosures are on the rise in Delaware. The Attorney
General's Mortgage Fraud Task Force, in conjunction with the Delaware State Housing Authority and the Office of the State Bank Commissioner, is dedicated to reducing foreclosures statewide by:
* Providing
information about
mortgages and the
foreclosure
process
* Directing
homeowners in need
to certified housing
counselors and other
agencies that offer
free services
* Linking homeowners
with state and
federal programs
that provide
mortgage assistance
* Taking aggressive
law enforcement
action against
foreclosure scams
Delaware Housing Workshops offered October 7 and 8
10-1-2009
|
|
|
|
|
Worried
about
missing
a
mortgage
payment?
Facing
foreclosure?
Suspect
a
foreclosure
scam?
Call
the
Attorney
General's
Mortgage
Hotline
800-220-5424 |
|
|
|
Housing SERVICES
|
Housing services:
Members of the Attorney General's Mortgage
Fraud Task Force and other local, state, and federal agencies provide a wide variety of services to help homeowners stay in their home.
Delaware
Foreclosure Help
There is help available whether you are a homeowner, renter, or family displaced by foreclosure. Learn about the Delaware Emergency Mortgage Assistance Program (DEMAP), the Foreclosure Mediation Program, and other resources.
Delaware
State Housing Authority for more
information on foreclosure help
>>
Continue
|
|
|
Loan MODIFICATIONS
|
Loan
Modifications:
Mortgage lenders are
offering a range of loan modification programs to help homeowners stay in their homes and avoid foreclosure.
>> Continue
|
|
Refinancing OPPORTUNITIES
|
|
Other Loan Modification and
Refinancing Opportunities:
Making Home Affordable
The
Home Affordable refinance and
modification program is designed to
allow existing homeowners to keep
their homes by making mortgage
payments affordable. If you can no
longer afford to make your monthly
loan payments, you may qualify for a
loan modification to make your
monthly mortgage payment more
affordable. Follow this link to
determine whether your servicer is
participating: http://makinghomeaffordable.gov/
Rural Development Home Loans
If
you have a RDHA loan, follow this
link for more information.
http://rdhomeloans.usda.gov/fcls.html
This
program offers options that may
include:
*
Arrangements
to pay the amount past due over a
period of time
*
Payment
subsidy
*
Moratorium
(payment deferment)
Veteran
Affairs Loan Program
|
|
|
Foreclosure SCAMS
|
Don't
fall victim to foreclosure scams:
Some of the fastest growing frauds are foreclosure rescue scams. In these scams, thieves try to take advantage of homeowners facing foreclosure. Posting as a variety of characters such as
"mortgage consultants", "foreclosure rescuers", or as a
"foreclosure service", these scam artists target homeowners with
offers to "save" the defaulted
homeowner's home. The scam artist gets the
homeowner's money, but fails to provided any real assistance.
>>
Continue
|
|
Do's & DON'TS
|
|
Do's
- Understand who services your loan and who owns your loan
- Call your loan services/lender
- Call a housing counselor
- Organize your finances - do a budget to determine what mortgage payment you can afford
- Create a file to record all calls and correspondence with mortgage services, agencies, and counselors. Follow up calls with letters with return receipt requested
- Educate yourself by attending state-sponsored classes, workshops, and open houses
Don'ts
- Don't panic!
- Don't be rushed into a deal with a foreclosure
"rescuer" with promises to stop a foreclosure
- Don't pay a foreclosure "rescuer" in full until all services are performed as promised
|
|
Other ORGANIZATIONS
|
|
|
|
 |
 |
 |
|
|
|
Last Updated: Wednesday, 03-Feb-2010 14:15:25 EST
|
|
|
 |
Press RELEASES |
|
|
|
 |
 |
| |
 |
Related LINKS |
|
|
|
|
|
Important
CONTACTS |
|
|
|
Consumer
Protection Hotline:
800-220-5424
(Toll-Free)
302-577-8600
Consumer
Protection Fax:
302-577-6499
Consumer Protection Email:
consumer.protection@state.de.us
Consumer Protection Wilmington:
820 N. French Street
5th floor
Wilmington, DE 19801
Consumer Protection Dover:
102 W. Water St.
Dover, DE 19904
Consumer
Protection Georgetown:
114 E. Market St.
Georgetown, DE 19947
|
|
|
|
|
|
|
|
|
|
|