Hope Now Alliance

The Hope Now Alliance is a non-profit organization that was founded in 2007 to help homeowners who are struggling to make their mortgage payments. The Alliance provides a variety of resources and services to homeowners, including counseling, loan modifications, and foreclosure prevention assistance.

The Alliance is funded by donations from financial institutions, government agencies, and private foundations. It is a coalition of more than 200 organizations, including banks, credit unions, mortgage lenders, housing counselors, and state and local government agencies.

The Alliance offers a variety of resources to homeowners, including:

* Counseling: The Alliance provides free, confidential counseling to homeowners who are struggling to make their mortgage payments. Counselors can help homeowners understand their options and develop a plan to get back on track.
* Loan modifications: The Alliance can help homeowners negotiate loan modifications with their lenders. Loan modifications can reduce monthly payments, extend loan terms, or lower interest rates.
* Foreclosure prevention assistance: The Alliance can help homeowners avoid foreclosure by providing them with information and resources about their rights and options. The Alliance can also connect homeowners with foreclosure prevention counselors and attorneys.

The Alliance has helped more than 1.5 million homeowners since it was founded. The Alliance is committed to helping homeowners stay in their homes and avoid foreclosure.

In addition to providing resources and services to homeowners, the Alliance also advocates for policies that help homeowners. The Alliance has been a strong advocate for the Home Affordable Modification Program (HAMP), which is a government program that helps homeowners reduce their monthly mortgage payments. The Alliance has also advocated for other policies that help homeowners, such as the Making Home Affordable (MHA) program and the Homeowner Assistance Fund (HAF).

The Hope Now Alliance is a valuable resource for homeowners who are struggling to make their mortgage payments. The Alliance offers a variety of resources and services to help homeowners stay in their homes and avoid foreclosure. The Alliance is also a strong advocate for policies that help homeowners.