WaysHome Introduced to Help Struggling Homeowners
WaysHome Introduced to Help Struggling Homeowners
WaysHome Introduced to Help Struggling Homeowners
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January 6, 2011 (Chris Moore)
help-sign-image
So the slow economy has finally caught up with you. Maybe you or your spouse was laid off or you got your hours cut back and you’re falling further and further behind on your bills, struggling with your mortgage payments or facing foreclosure, feeling overwhelmed and frustrated. Many homeowners simply don’t know what to do or where to turn for assistance, and they feel too helpless to take action.

Well now there’s help.

Fannie Mae has launched WaysHome, a free, interactive multi-media tool designed to educate homeowners about their options to avoid foreclosure, empower them to make informed decisions and motivate them to take action and seek help in 2011.

“In 2011, millions of homes will be at imminent risk of foreclosure. As we enter a new year, the company is expanding its efforts to help struggling homeowners avoid foreclosure – WaysHome is an innovative tool to help achieve this goal,” said Jeff Hayward, Fannie Mae Senior Vice President. “Since the beginning of 2009, Fannie Mae has helped more than half a million families stay in their homes through modification or other solutions. With initiatives like WaysHome, we are determined to do everything possible to help homeowners.”

Through video reenactment, WaysHome allows homeowners to experience scenarios that address a range of options for avoiding foreclosure that include repayment plans, forbearances, modifications, deeds-in-lieu, and short sales.

Real actors play three residents of a neighborhood that has been hurt by the foreclosure crisis. Homeowners can select to play one of the three financially distressed residents and, as their stories unfold, make decisions about what homeowners should do, and experience the positive outcomes or negative consequences of the choices you make.

Throughout the course of the interactive simulation, Fannie Mae provides helpful tips, tools and links during the process and users have the ability to go back and revise their decisions should their choices lead to a negative outcome. Most choices lead to an immediate consequence followed by a related teaching point.

Unique to the other industry-wide foreclosure prevention efforts, WaysHome was developed by Fannie Mae to educate distressed homeowners on the short- and long-term impact of their decisions.

So if you’re facing financial difficulties and you don’t know where to turn, you can utilize WaysHome at www.FannieMae.com or www.KnowYourOptions.com.

Tags: fannie mae, wayshome, distressed homeowners, foreclosure, mortgage payments, bills, foreclosure prevention, interactive media, repayment plans, loan modifications

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Helpful Tools
Mortgage
Calculator

Estimate your monthly mortgage payment
Auto Loan
Calculator

Determine how much car you can afford before buying
Learn About
Mortgage Loans

Learn about the different types of home loans
15 Year vs 30 Year
Loan Comparison

Compare 15 year and 30 year mortgage loans
Todays Mortgage
Rates

See today's mortgage rates. Shop, compare and save.

January 6, 2011 (Chris Moore)
help-sign-image
So the slow economy has finally caught up with you. Maybe you or your spouse was laid off or you got your hours cut back and you’re falling further and further behind on your bills, struggling with your mortgage payments or facing foreclosure, feeling overwhelmed and frustrated. Many homeowners simply don’t know what to do or where to turn for assistance, and they feel too helpless to take action.

Well now there’s help.

Fannie Mae has launched WaysHome, a free, interactive multi-media tool designed to educate homeowners about their options to avoid foreclosure, empower them to make informed decisions and motivate them to take action and seek help in 2011.

“In 2011, millions of homes will be at imminent risk of foreclosure. As we enter a new year, the company is expanding its efforts to help struggling homeowners avoid foreclosure – WaysHome is an innovative tool to help achieve this goal,” said Jeff Hayward, Fannie Mae Senior Vice President. “Since the beginning of 2009, Fannie Mae has helped more than half a million families stay in their homes through modification or other solutions. With initiatives like WaysHome, we are determined to do everything possible to help homeowners.”

Through video reenactment, WaysHome allows homeowners to experience scenarios that address a range of options for avoiding foreclosure that include repayment plans, forbearances, modifications, deeds-in-lieu, and short sales.

Real actors play three residents of a neighborhood that has been hurt by the foreclosure crisis. Homeowners can select to play one of the three financially distressed residents and, as their stories unfold, make decisions about what homeowners should do, and experience the positive outcomes or negative consequences of the choices you make.

Throughout the course of the interactive simulation, Fannie Mae provides helpful tips, tools and links during the process and users have the ability to go back and revise their decisions should their choices lead to a negative outcome. Most choices lead to an immediate consequence followed by a related teaching point.

Unique to the other industry-wide foreclosure prevention efforts, WaysHome was developed by Fannie Mae to educate distressed homeowners on the short- and long-term impact of their decisions.

So if you’re facing financial difficulties and you don’t know where to turn, you can utilize WaysHome at www.FannieMae.com or www.KnowYourOptions.com.

Tags: fannie mae, wayshome, distressed homeowners, foreclosure, mortgage payments, bills, foreclosure prevention, interactive media, repayment plans, loan modifications

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Helpful Tools

January 6, 2011 (Chris Moore)
help-sign-image
So the slow economy has finally caught up with you. Maybe you or your spouse was laid off or you got your hours cut back and you’re falling further and further behind on your bills, struggling with your mortgage payments or facing foreclosure, feeling overwhelmed and frustrated. Many homeowners simply don’t know what to do or where to turn for assistance, and they feel too helpless to take action.

Well now there’s help.

Fannie Mae has launched WaysHome, a free, interactive multi-media tool designed to educate homeowners about their options to avoid foreclosure, empower them to make informed decisions and motivate them to take action and seek help in 2011.

“In 2011, millions of homes will be at imminent risk of foreclosure. As we enter a new year, the company is expanding its efforts to help struggling homeowners avoid foreclosure – WaysHome is an innovative tool to help achieve this goal,” said Jeff Hayward, Fannie Mae Senior Vice President. “Since the beginning of 2009, Fannie Mae has helped more than half a million families stay in their homes through modification or other solutions. With initiatives like WaysHome, we are determined to do everything possible to help homeowners.”

Through video reenactment, WaysHome allows homeowners to experience scenarios that address a range of options for avoiding foreclosure that include repayment plans, forbearances, modifications, deeds-in-lieu, and short sales.

Real actors play three residents of a neighborhood that has been hurt by the foreclosure crisis. Homeowners can select to play one of the three financially distressed residents and, as their stories unfold, make decisions about what homeowners should do, and experience the positive outcomes or negative consequences of the choices you make.

Throughout the course of the interactive simulation, Fannie Mae provides helpful tips, tools and links during the process and users have the ability to go back and revise their decisions should their choices lead to a negative outcome. Most choices lead to an immediate consequence followed by a related teaching point.

Unique to the other industry-wide foreclosure prevention efforts, WaysHome was developed by Fannie Mae to educate distressed homeowners on the short- and long-term impact of their decisions.

So if you’re facing financial difficulties and you don’t know where to turn, you can utilize WaysHome at www.FannieMae.com or www.KnowYourOptions.com.

Tags: fannie mae, wayshome, distressed homeowners, foreclosure, mortgage payments, bills, foreclosure prevention, interactive media, repayment plans, loan modifications

HOW LOANRATENETWORK
LOAN CENTER WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.