Freddie Mac co-sponsoring public service campaign about foreclosure avoidance

We remain committed to working with Servicers, lenders and the industry to develop solutions that preserve dreams and keep borrowers in homes they can afford and want to keep. Freddie Mac and 21 other members of the mortgage industry are co-sponsoring a national public service campaign developed by the Ad Council for NeighborWorks® America to encourage borrowers to call (888) 995-HOPE to learn about workout options from the Homeownership Preservation Foundation.

The TV, radio and print campaign informs borrowers that they have options if they go into default and should call their lender or a credit-counseling agency as soon as possible to pursue alternatives.

For more information

• Visit the campaign website
• Visit our Avoiding Foreclosure web page for a quick-click refresher of important main points to remember while helping borrowers who are in default, visit
• Put our free, professionally developed Avoiding Foreclosure materials to work for you. Let your borrowers know to call you early and first if they begin having difficulty with their mortgage payment.
• Put the borrowers who are most at-risk at the forefront of your loss mitigation activities by using EarlyIndicator®, the industry's premier default scoring tool, to prioritize your borrower outreach.

Each year, Freddie Mac Servicers help over 40,000 borrowers with prime mortgages keep their homes through loan modifications, forbearance and other options.