News Release

HUD MODERNIZES ONLINE GUIDE FOR AVOIDING FORECLOSURE
www.HUD.gov/foreclosure

WASHINGTON - Do you need help finding a housing counselor or contacting your lender? Or do you want more information about mortgage refinance options offered by HUD's Federal Housing Administration (FHA)? Americans are able to do all this and more thanks to an updated website developed by the U.S. Department of Housing and Urban Development. The Guide to Avoiding Foreclosure is a one-stop-shop designed to educate Americans about the most current housing information and resources HUD has to offer. The updated site has a number of helpful resources particularly important for Americans at risk for losing their homes.

"The Guide to Avoiding Foreclosure is an easy-to-use site allowing users to quickly search information specific to their needs," said Preston. "The streamlined website educates individuals on the many ways HUD can assist them through these trying times and help them hold on to their homes."

In an easy-to-find location on the front page of HUD's website, the Guide to Avoiding Foreclosure links homeowners to:

• Housing counselors
• Lenders
• Local resources in their states
• Foreclosure process and alternatives
• Refinancing options such as:
  • FHASecure
  • HOPE for Homeowners

Located at www.hud.gov/foreclosure, the Guide to Avoiding Foreclosure is also featured on the U.S. Department of Commerce website, www.economicrecovery.org, as an in-depth resource to help Americans keep their homes, find jobs and protect their savings.

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HUD is the nation's housing agency committed to sustainable homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development and enforces the nation's fair housing laws. More information about HUD and its programs is available on the Internet at www.hud.gov, www.hud.gov/foreclosure and espanol.hud.gov.