Making Home Affordable Program ends; Contact us for foreclosure help


Updated January 10, 2017

The Making Home Affordable (MHA) program was created to help homeowners thwart foreclosure and keep their homes. After nearly eight years, the federal program closed on December 30, 2016.

Those who may be facing foreclosure are strongly encouraged to contact Foreclosure Prevention team at the Los Angeles County Department of Consumer and Business Affairs. All homeowners receive one-on-one counseling over the phone or in person. During the counseling session, our staff assesses the situation and will review the California foreclosure process with you.

Once the application and supporting documentation is received, the homeowner’s request for mortgage assistance is submitted to the servicer for consideration. Counselors will work with servicers to explore options to help you avoid a foreclosure including a repayment plan for missed payments; a forbearance plan to temporarily reduce your payments until your finances improve; loan modification to reduce payments, the interest or extend the loan term; a short sale to sell the home for less than you owe, and more.

During the review period, our counselor will frequently follow up with the servicer for status updates. If any updated information is needed, the counselor will advise the homeowner. When an offer is made, a counselor will review the terms and conditions to ensure complete understanding. If accepted, the homeowner is then instructed to sign the agreement and return to the servicer with their first modified payment. Once the agreement is in place, we ensure that the notice of default (foreclosure) gets rescinded before we close our file. In 2016, we helped over 150 families reach a favorable solution with their mortgage servicer.

DCBA reminds homeowners and renters to beware of foreclosure rescue scams, government look-alike scams, and other loan modification companies looking to take advantage of the MHA program ending.

For more information on our foreclosure prevention program or the MHA program, please contact us at 855-351-0066.