Mortgage troubles require a pro's help

I recommend each of you seek advice from a professional counselor. A counselor can help you determine which actions are possible while helping you state your case forcefully. A qualified housing counseling organization can find assistance for which you qualify. These organizations do this every day, and you don't. So, call one today.

Bank of America, JPMorgan Chase, Fannie Mae and Freddie Mac are all expected to offer new homeowner assistance programs in the next few weeks. In addition, Fannie and Freddie have announced a freeze on foreclosures for the holiday season. This began on Nov. 26 and will continue until Jan. 9.

Apparently, the Washington bureaucrats don't want to put families out on the street during the season of giving. It would be even nicer if they extended the deadline until after the presidential inauguration on Jan. 20, when our new president may sign new legislation that can help homeowners.

Finally, you can find an organization to help at the Hope Now Web site or by calling 1-888-995-HOPE (4673). You can also find a HUD-approved housing counseling agency at the HUD Web site.

Here are some final things to keep in mind when seeking help:

• Communicate with your lender early and frequently. Follow up in writing. Take action before you are late if possible, but certainly before your mortgage is 90 days late.
• If the lender is not helpful, contact a housing counselor. If a counselor can't help, contact an attorney.

There are many options out there. Be sure to get qualified help instead of listening to well-meaning amateurs.