Real Estate News for Tuesday, May 8th, 2007

Where Borrowers Can Find Help. There are many sources of counseling and information for borrowers in default. Among them are:

• Americans for Fairness in Lending, http://www.affil.org

• Freddie Mac's online guide to avoiding foreclosure, http://www.freddiemac.com ; under "Buying and Owning a Home" click on "Owning and Keeping a Home," then "Avoiding Foreclosure."

• Freddie Mac's Don't Borrow Trouble Hotline refers callers to appropriate local agencies for education, counseling and legal advice, (800) 477-5977.

• L.A. County Department of Consumer Affairs Real Estate Fraud and Homeowner Assistance Program, (800) 973-3370, lacountydca.info

• Los Angeles Neighborhood Housing Services, (213) 381-2862, http://www.lanhs.org

• National Assn. of Consumer Advocates, (202) 452-1989, http://www.naca.net

• NeighborWorks America, http://www.nw.org ; click on the icon for "NeighborWorks Center for Foreclosure Solutions," (202) 220-2300

• U.S. Department of Housing and Urban Development has certified counselors, (800) 569-4287, http://www.hud.gov/offices/hsg/sfh/hcc/hccprof14.cfm.
Choose "Search Online." Select "California."

For legal help:

• American Bar Assn., http://www.abanet.org. Select "Legal Help."

• Legal Services Corp. hotline can help you find a legal services office in your area, (202) 295-1500, http://www.lsc.gov.

• Los Angeles County Bar Assn. Attorney referrals, (213) 243-1525

• National Assn. of Consumer Bankruptcy Attorneys, (202) 331-8005, http://www.nacba.org/attorneyfinder.

If you believe you are victim of mortgage fraud:

• If Freddie Mac owns the loan, (800) 437-2838

• For other lenders, contact the L.A. County Department of Consumer Affairs, (800) 593-8222, dca.lacounty.gov.

• To file a complaint with the Office of the Attorney General, (800) 952-5225, ag.ca.gov/consumers/general.php


~Tina Jan~
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com