The following five videos sponsored by Fannie Mae (delivered by housing counselors and even consumers just like you), explain the options homeowners have if they are having difficulty paying their mortgages. Those options include forbearance, a repayment plan or a modification to keep the home, and even how to leave the home via a short sale or deed-in-lieu of foreclosure if they can’t afford to stay. The sixth video from Freddie Mac cautions consumers about protecting themselves from mortgage fraud.
