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Freddie Mac Opens Three Walk-in Help Centers for Borrowers

""Freddie Mac"":http://www.freddiemac.com/ partnered with nonprofits to open up three walk-in centers for borrowers who are facing mortgage troubles.

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The centers were opened Atlanta, Las Vegas, and Los Angeles. Through the centers, borrowers receive free, holistic financial counseling to stay in their homes as they pursue workout options such as loan modifications and repayment plans.

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In 2010, Freddie Mac opened borrower help centers in Chicago, Phoenix, Washington D.C. and San Bernardino.

The local organizations participating in the opening of the new centers are D&E Financial Education and Training Institute in Forest Park, Georgia; Chicanos Por La Causa in Las Vegas, and the West Angeles Community Development Corporation in Los Angeles.

""Freddie Mac's Borrower Help Centers are a proven tool for helping more borrowers stay in their homes and protecting more communities from the destabilizing effects of avoidable foreclosures,"" said Dwight Robinson, SVP of the outreach, diversity, and human resources division and chief diversity officer at Freddie Mac. ""We are committed to reducing the risk of a family losing their home because they didn't know who to call and trust.""

Borrowers can call a local help center to schedule a free appointment. A complete list of the borrower help centers can be found ""online."":http://www.freddiemac.com/avoidforeclosure/who_to_contact_for_help.html#helpcenters

About Author: Esther Cho

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