Fannie Mae introduces HomeSaver Advance

Fannie Mae introduces HomeSaver Advance

March 16, 2008

New foreclosure prevention guide releasedMortgagePress.comNational Black Church Initiative, MBA, Fannie Mae, homeowners guide
The National Black Church Initiative (NBCI), along with the Mortgage Bankers Association (MBA),
Fannie Mae and 13 historic
African-American denominations, have created a helpful guide to
assist families while they are going through foreclosure and to
help others avoid it altogether.
The booklet is designed to provide homeowners with information
on how to keep their home. The booklet consists of a list of
government-based agencies and private lenders that can assist
at-risk borrowers. The guide will also help them identify resources
in the housing industry that have been created for the explicit
purpose of assisting struggling homeowners. The booklet contains
Web sites, phone numbers, and lists of individuals and institutions
that can help borrowers navigate through their housing issues.
The NBCI, based in Washington, D.C., is a faith-based health
organization dedicated to eradicating racial disparities in
healthcare. For more information, call (202) 628-7700.
The MBA, based in Washington, D.C., is a national trade
association that represents the real estate finance industry. For
more information, call (202) 557-2700 or visit www.mbaa.org.
Fannie Mae is a government-sponsored enterprise based in
Washington, D.C. For more information, call (202) 752-7000 or visit
www.fanniemae.com.

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