According to Jeff Gentes, Foreclosure Prevention Staff Attorney at the CT Fair Housing Center, the short answer is, "Usually, nothing at all." The news about robo-signers showed that some big mortgage servicers care very little about following the law. But the moratoriums or "freezes" on mortgages will not affect most homeowners. For a lucky few, the scandal will buy them some more time to get back on their feet, and get the restructuring they need from their mortgage servicer. Any homeowner who is facing foreclosure should continue to work with their counselor, participate in the state's Foreclosure Mediation Program, and do whatever they can to resolve their situation.
For more information, read:
Representing Yourself in Foreclosure: A Guide for Connecticut Homeowners
By: The Connecticut Fair Housing Center
The guide has a list of housing counselors approved by HUD and CHFA (Connecticut Housing Finance Authority).
The Connecticut Fair Housing Center also holds monthly clinics for homeowners in foreclosure. Learn more about the clinics.