Struggling Freddie Mac Borrowers Get Help Saving Homes

News provided by

InCharge Debt Solutions

Jul 16, 2012, 01:46 ET

InCharge Debt Solutions teams with Freddie Mac to provide mortgage-saving educational assistance

ORLANDO, Fla., July 16, 2012 /PRNewswire-USNewswire/ -- InCharge® Debt Solutions ("InCharge") has teamed up with Freddie Mac to open the "InCharge Debt Solutions/Freddie Mac Borrower Help Network."  The network will provide educational and informational assistance to struggling homeowners with Freddie Mac-owned mortgages to help keep them in their homes, whenever possible.

(Logo: http://photos.prnewswire.com/prnh/20110307/DC60592LOGO)

"If you are behind on your monthly bills, including your mortgage, our partnership will offer Freddie Mac clients free, confidential financial counseling assistance through our HUD-approved agency and certified counselors," said Billie Passmore, InCharge's Director of Housing Outreach.  "The counseling can be done either in person or on the telephone, and the knowledge you will receive could be the difference between losing your home and saving your future."

During these free sessions, your counselor will:

  • Review your current income, living expenses, savings, and debts;
  • Help you understand your options and possible solutions to your financial challenges; and
  • Assess your options for avoiding foreclosure, which could include a loan modification available under the federal Making Home Affordable program or another borrower assistance program.

To take advantage of free counseling from the Borrower Help Network, homeowners with Freddie Mac-owned mortgages should call 877-300-4179 to set up an appointment with a Certified Housing Counselor.  There is no obligation for you to take any action after your session. Contact us at:

InCharge Debt Solutions 
5750 Major Boulevard, Suite 175
Orlando, FL 32819
Toll Free: 1-877-300-4179

InCharge's Certified Housing Counselors are available Monday through Friday, from 8:00 a.m. to 6:00 p.m. (Eastern time)

The "Freddie Mac Avoiding Foreclosure Resource Center" at http://www.FreddieMac.com provides useful tips, tools, and educational resources, including information on what to expect from the Borrower Help Network.  Freddie Mac Borrower Help Centers are located in several cities throughout the United States. A full list can also be found at FreddieMac.com.

InCharge Debt Solutions, a 501(c)(3) nonprofit organization, provides bankruptcy counseling, credit counseling, and housing counseling services to consumers and service members in need of financial literacy education, money management guidance, and help finding the right debt solution for their specific situation.

For more information, contact InCharge Debt Solutions:

About InCharge® Debt Solutions
InCharge® Debt Solutions is a 501(c)(3) non-profit organization specializing in personal finance education, housing counseling, bankruptcy services, and credit counseling. Founded in 1997, InCharge interacted with over 1.1 million consumers in 2011 alone.  InCharge is affiliated with InCharge® Education Foundation, Inc. (ICEF) which is dedicated to providing educational products, services and research supporting the personal financial literacy of consumers across America.  ICEF also provides financial literacy training to servicemembers and their families through MilitaryMoney.com.  InCharge is a member of the National Foundation for Credit Counseling (NFCC), and is accredited by the Council on Accreditation (COA). 

Contact: Media Relations
InCharge® Debt Solutions
(407) 532-5599
[email protected]

SOURCE InCharge Debt Solutions

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