Making Home Affordable
The Making Home Affordable (MHA) plan is part of the federal governments stimulus package designed to promote continued home ownership to stablize, and even improve, the housing market.  There are two different component to the MHA plan; 1) Loan Refinance for Fannie Mae or Freddie Mac Loans, and 2) Loan Modification.  For home owners who have a steady income and are interested in retaining their home by reducing their monthly mortgage payment, the MHA plan may be a good solution.  Visit to explore this resource further.

1) REFINANCE Option:

Counseling Services
Housing counselors can help you understand the law and your options, organize your finances, and represent you in negotiations with your lender if you need this assistance.  Contact the Colorado Foreclosure Hotline or one of the other organizations endorsed by Colorado Housing and Finance Authority (see link below) to help you locate the appropriate counseling services available to you.

Colorado Foreclosure Hotline 1-877-601-HOPE (4673)

Foreclosure Scams
Unfortunately, there are always predators ready, willing and available to take advantage of people in distressed situations.  The foreclosure arena is not immune.   If any firm claims they can stop your foreclosure immediately if you sign a document appointing them to act on your behalf, you may well be signing over the title to your property and becoming a renter in your own home.  Never sign a legal document without reading and understanding all the terms and getting professional advice from an attorney, a trusted real estate professional, or a HUD approved housing counselor.


  1. Work only with a nonprofit, HUD-approved counselor
  2. Don't pay an arm and a leg
  3. Be wary of "guarantees"
  4. Know what you are signing - and be sure YOU sign it
  5. If it sounds too good to be true, it probably is