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Latest NewsDecember 4, 2008 December 2, 2008 November 13, 2008 October 22, 2008 Hot TopicsRESOURCES AVAILABLE FOR DISTRESSED HOMEOWNERS Congressman Wu knows
that the current economic crisis is hurting hard-working Oregonians.
If you are one of the many people who are on the brink of
foreclosure, or you believe that you may have trouble paying your mortgage
in the future, you have the best chance of staying in your home if you act
now. Too often, people facing
foreclosure wait too long to seek the professional help necessary to avoid
this crisis. Congress provides funds
to housing counseling agencies throughout the country that help people stay in
their homes. These counseling
agencies are approved by the U.S. Department of Housing and Urban
Development (HUD), and the service is free. You can access
additional information on avoiding foreclosure, as well as contact information for
HUD-approved counseling agencies, at the following websites:
Unfortunately, it is important to note that there are those who prey on people in crisis. A number of fraudulent foreclosure prevention services and hotlines are attempting to portray their organizations as affiliated with honest efforts. Seeking help is the most important thing you can do, but be sure to confirm that you are working with a HUD-approved counselor, such as those available via the above websites. As always, you may call
my office at 503-326-2901 for additional help or information. |
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