The worldwide recession is waning but the lag time for house foreclosures remains. In fact, millions of new foreclosures were reported last week. The federal government is offering assistance for homeowners in trouble through a toll free phone number. For information about modifying your mortgage, go to MakingHomeAffordable.gov, a website sponsored by the federal government with the goal of helping the 12 million American families whose homes are now worth less than they owe. The site lists HUD-approved counselors who will work with you for free. Call toll free at 1-888-995-4673.
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