Foreclosure Loss Mitigation Departments

If you may go into foreclosure, try avoiding foreclosure by contacting the mortgage lenders’ loss mitigation department.
Here’s contact information for Loss Mitigation Departments

Ameriquest
800-211-6926

Accredited
877-273-4599

Aurora Loan Servicing
866-521-3828

Avelo Mortgage LLC
866-992-8356

Bank of America
716-635-2982

BB&T Mortgage
800-827-3722

Central Pacific Bank
800-342-8422

Charter One Mortgage
800-234-6002

Chase Home Finance
800-848-9136

Chevy Chase Bank
800-933-9100

CitiMortgage Inc.
636-256-5088

CitiFinancial Mortgage
800-422-1498

Downey Financial Corp
800-824-6902

EMC Mortgage Corp
888-824-6902

Equity One
800-664-1325

EverHome Mortgage

800-669-7724

First Horizon Home Loan
800-919-5376

Flagstar Bank
800-945-7700

Fremont Investment [...]

Ways to Reduce Your Mortgage

If you feel that you may lose your home, you should look at reducing your mortgage payments by exploring these options:
-Ask the mortgage lender or bank to change your terms.  Some can pay weekly, bi-weekly or bi-monthly payments, although you must get clarification from your bank.
-Refinance your loan.  Try to stretch your mortgage out a [...]

Stopping a Foreclosure Auction

You’ll need to stop a foreclosure by making prior arrangements with teh bank to negotiate the terms of the loan.  It’s the favored option amongst all parties involved and can help you save your home and/or credit.

Short sale - Obtain a buyer willing to purchase your home for less than what is owed on the [...]