Important steps for homeowners in foreclosure:

• Stay in your home for as long as possible the mortgage company nor the surrounding community want you to have an abandoned home.



• Respond to the court in the 28 day period (or ask for mediation if applicable). Failure to respond could speed up the process.



• Contact your mortgage company’s loss mitigation department.



• Document all correspondence including verbal.



• Meet with a HUD Approved Housing Counseling Agency



• If lender refuses payments, keep the money in a separate account and don’t use it to pay other bills. It will give you power to show your ability to pay at some point in the workout process.