The financial crisis has affected many U.S. homeowners, and a new federal website at MakingHomeAffordable.gov is here to help. It gives information on how to refinance or modify existing mortgages, and specifically those held by Fannie Mae or Freddie Mac. It’s estimated that over 9 million people hold mortgages with these two firms.
MakingHomeAffordable.gov has a frequently asked questions section, a form to contact a loan counselor, a guide to understanding your mortgage statement, and a link to homeowner events in your community.
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