The Capital Area Mortgage Help Center will provide free education and one-on-one counseling services to homeowners who need assistance. The center, which is in Greenbelt but is for homeowners throughout the region, is the 12th facility to open in the United States.
“There are many families in the D.C. area that are struggling to make their mortgage payments,” Mike Williams, president and chief executive officer of Fannie Mae, said in a statement. “We are committed to doing our part to help them understand their options and avoid foreclosure.”
The centers have helped 9,000 homeowners across the country. Sixty percent of those homeowners stayed in their homes.
“Helping our residents maintain ownership of their homes is critically important to me and this county,” said Prince George’s County Executive Rushern L. Baker III (D) in a statement. “This center will be a wonderful resource for our residents and so many others throughout the Washington metropolitan area who need help.”
Prince George’s County has the highest number of foreclosures in the state of Maryland and one of the highest rates in the Washington region.
The services are offered to families who have a mortgage owned by Fannie Mae. Services at the center are available by appointment. Homeowners should call 1-866-442-9376 to schedule an appointment.