If you're not making your house payments, or making only partial payments, your lender may take steps to take your home back from you, this is called Foreclosure. If you're having trouble making payments, you still have some options, and there is help out there for you.
Don't Be Afraid
You are not the first person to be in a bind because you're not able to make a house payment or payments. Even before this highly publicized problem in the mortgage industry, there were foreclosures. So Don't ignore your lender's attempts to contact you. In fact, you should contact them at the first sign that you are falling behind.
Check your statements, payment coupons, or other mailings from your lender for helpful account information. If you can't find anything, click this link: Lender Contact Information for a list of lenders and contact information. Gather information about your money situation and give them a call.
Help From Others
If you find that you are frustrated or confused and need some extra help, you can contact a Housing and Urban Development (HUD) approved counseling agency. Click this link: HELP to search for help.
For other helpful information, click on these links