Skip to Page Content
Delaware.gov  |  Text OnlyGovernor | General Assembly | Courts | Elected Officials | State Agencies
 Photo: Featured Delaware Photo
 
 
 Phone Numbers Mobile Help Size Print Email
   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

Upcoming Housing & Foreclosure Events
 

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
Biden secures 21-count indictment in mortgage rescue fraud scheme
2-2-2010
 
Attorney General's Mortgage Fraud Task Force supports December Housing Workshops
11-30-2009
Delaware Housing Workshops offered October 7 and 8
10-1-2009
  
2009 investor education campaign empowers Delawareans to avoid investment frauds and scams
9-8-2009

>> Read all Press Releases
  
 
 Related LINKS

Mortgage Late?
Law Enforcement Safety Act
Securities Industry Professional Information
Recently Changed list of Cigarette Brands and Brand Families
 
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