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Fannie Mae Expands Inland Empire Mortgage Help Center

""Fannie Mae"":http://www.fanniemae.com/portal/index.html announced Wednesday that it is opening an extension of its Los Angeles Mortgage Help Center.

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The Los Angeles Mortgage Help Center serves the Inland Empire region as part of the GSE's nationwide effort to educate families about their options and tools for avoiding foreclosure. The facility was developed in partnership with ""Neighborhood Partnership Housing Services, Inc."":http://www.nphscounseling.org/, a NeighborWorks Organization.

Since opening in November 2010, the facility has assisted 2,320 homeowners, more than 60 percent of whom received a workout that allowed them to remain in their homes.

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""The Fannie Mae Mortgage Help Center is an example of bringing tangible resources to address a regional issue,"" said Clemente A. Mojica, president and CEO of Neighborhood Partnership Housing Services, Inc. ""There are many families in San Bernardino and Riverside County that are struggling to make their mortgage payments. Neighborhood Partnership Housing Services is committed to doing its part to help them understand their options and avoid foreclosure, which is why we are excited to partner with Fannie Mae on this initiative.""

""We want to prevent as many foreclosures as we can, which is best for the homeowner and best for the community,"" said Leslie Peeler, SVP of Fannie Mae's National Servicing Organization. ""One of the keys in preventing foreclosure is to find a solution as early as possible, so we encourage any homeowner who is having trouble with their mortgage to reach out for help. The services we provide at our Mortgage Help Centers are absolutely free. There is no reason to pay for help in sorting through your mortgage problems.""

Fannie Mae now has 12 Mortgage Help Centers located across the country available for any borrower with a mortgage held by Fannie Mae. Information about these centers can be found at ""KnowYourOptions.com"":http://www.knowyouroptions.com/.

About Author: Tory Barringer

Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington's student newspaper before joining the DS News team in 2012. In addition to contributing to DSNews.com, he is also the online editor for DS News' sister publication, MReport, which focuses on mortgage banking news.
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