Texas Department of Housing & Community Affairs - Building Homes and Strengthening Communities

TDHCA Press Room

Foreclosure resources just one click away

Thanks to the continued good health of the stateís economy, most Texans may feel they can put the foreclosure crisis behind them or perhaps they never had to worry about a home foreclosure.

Yet too many homeowners still face losing their home through a foreclosure, and for them the problem hasnít gone away.

Thatís why TDHCA reminds anyone who finds themselves in this situation that help may be a just a mouse click away. The Departmentís Foreclosure Prevention web page is stocked with helpful information to those facing or in a home foreclosure.

In addition to providing helpful links to the HUD, FHA, Freddie Mac and Homeownership Preservation Foundation websites, the Departmentís Foreclosure Prevention page also provides basic information regarding the process and addresses topics such as prioritizing your debt and how to improve your credit.

Finally, the site features a helpful FAQ page that answers many of the first questions that come to mind when facing a foreclosure.

There are also a significant number of certified foreclosure prevention counseling agencies (hud.gov) across the state that can be a valuable partner in your efforts to avoid losing your home.

Regardless of what action you take, the most important takeaway: Doing nothing is not a winning strategy.

 

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News releases are developed by the Communications and Marketing section of the Division of Policy and Public Affairs to publicize TDHCA program activities. These include application funding cycles, program grant awards, special events, board activities, and other relevant information.