Help For Those Fearing Foreclosure

People in the Mobile area worried about foreclosure have some avenues available they might not have thought of.
The first is a program started by the federal government called "Hope for Homeowners."
An area nail technician says she's taking advantage of the service.
She didn't want to be identified because she's facing tough economic times, but she said the program is for those homeowners who have an adjustable rate mortgage.
She said Hope for Homeowners "will do a re-finance and, basically, put you in a fixed rate, and then your mortgage will be a lot less at a fixed rate."
There's another program available in Alabama that can help those facing foreclosure with free legal advice and action.
It's run by the Alabama State Bar.
Henry Callaway is a Mobile attorney who is a member of the Alabama State Bar Mortgage Foreclosure Task Force.
He said, "We can put you in touch with lawyers at no charge who are trained in this and can provide some help. Because foreclosure in Alabama occurs so quickly, in less than a month, you need to act quickly. (If) you start getting behind on your payments, talk to your mortgage company."
If you're interested in finding out more about the Hope for Homeowners program, you can call the Federal Housing Administration at 1-800-225-5342.
If you want more information on the legal help available from the Alabama State Bar, call 1-877-393-2333.