With 1.5 million foreclosures last year and 1.2 million already in the first six months of this year, the foreclosure crisis is accelerating, she noted.

The FDIC has rolled out a plan to help refinance more than 1,200 delinquent IndyMac Bank borrowers into 30- year mortgages with interest rates capped at 5.9 percent. The program is meant to be a loan-modification model for the industry.

U.S. foreclosure filings rose to a record in August, climbing 27 percent from a year earlier as falling prices made it more difficult to sell or refinance homes, RealtyTrac Inc., an Irvine, Calif.-based seller of foreclosure data, said last week.

Do any of the following scenarios sound familiar:

• Has your home decreased in value?
• Is your mortgage interest rate going up?
• Is your mortgage payment more than you can afford?
• Are you behind in your mortgage payments?
• Are you in foreclosure on your home or filing for bankruptcy?

If you answered "Yes" to any on of these questions, then Loan Modification may be the relief you have been searching for. At the National Foreclosure Relief Services, we believe that your situation is personal and requires the utmost attention. Please fill out the form below and one of our qualified Loan Modification Specialists will contact you to discuss your options for Loan Modification. This is a free consultation. You owe it to yourself and your financial peace of mind to speak with one of our Loan Modification Specialists today.