What is the ''HOPE Now'' Alliance and can it help me avoid foreclosure of my home?

HOPE NOW is an alliance between counselors, mortgage companies, investors, and other mortgage market participants. This alliance will maximize outreach efforts to homeowners in distress to help them stay in their homes and will create a unified, coordinated plan to reach and help as many homeowners as possible. The members of this alliance recognize that by working together, they will be more effective than by working independently.

The Department of the Treasury and the U.S. Department of Housing and Urban Development encouraged leaders in the lending industry, investors and non-profits to form this alliance.

To see a full list of Alliance members go to the HOPE NOW web page at http://www.hopenow.com/members.php

More information about HOPE NOW is available at http://www.hopenow.com/index.php
or Homeowners may call 888-995-HOPE (4673).

All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.

Topic Number: KA-02100