NACA (Neighborhood Assistance Corporation of America) will be here in Southern California (San Diego - Feb 9-13 and Los Angeles Feb 16-20) to save your home. It's been a year since the non-profit corporation was here last to help homeowners with their payments.
If you've had trouble in the past with making your mortgage payments then NACA may be your answer. Claiming itself as America's best mortgage program they offer all kinds of money-saving services that include no fees, no perfect credit requirements, below market interest rate (which is already at record low numbers). Even for first time homebuyers there's no closing costs and no down payment for those that qualify for the program.
Foreclosures are a huge part of the market just check the current Southern California foreclosure inventory. If you want modify your mortgage and pay substantially less each month in order to save your home take a trip to San Diego or Los Angeles this month.