HUD-approved housing counselors

April 9, 2009 2:01:24 PM PDT
You have likely seen or heard the ads in which attorneys and private companies offer to help you refinance your mortgage and maybe even save your home from foreclosure. Some of the commercials cite President Barack Obama's home rescue plan.

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Thursday, the president issued this warning to homeowners.

"I just want everybody who is watching today to know that if somebody is asking your for money upfront, before they help you with your refinancing, it's probably a scam," he said.

For a comprehensive list of non-profit housing counselors who can answer your housing questions for free, click here.

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