Fair Program
Fair Program is a private, El Segundo-based foreclosure prevention and loan modification service serving distressed homeowners across Los Angeles County, working with 80+ lenders under a fully subsidized, zero-upfront-cost model.
- Company typePrivate
- Founded2009
- HeadquartersEl Segundo, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Fair Program does
Fair Program (also doing business as "FAIR Program - Second Chances") is a private foreclosure prevention and loan modification service headquartered at 1730 E Holly Ave #809 in El Segundo, California, operating under California Department of Real Estate license #01934790. The company serves distressed homeowners in Los Angeles County and surrounding areas who are at risk of or facing foreclosure, offering a comprehensive suite of mortgage workout solutions including loan modification, forbearance agreements, reinstatement plans, rate reductions, extended terms, foreclosure postponement, decline appeals, lender negotiations, legal options consultation, bankruptcy protection, surplus funds recovery, and relocation assistance.
The company operates on a fully subsidized model with zero upfront cost to homeowners, implying that revenue derives from lender agreements or government housing assistance programs rather than direct homeowner fees. The service is delivered entirely in-house through a sales-led, direct-to-consumer go-to-market motion, with customers acquired primarily through the company website, phone inquiries (310-321-1234), and reputation-based referrals supported by 5-star Google and Yelp reviews. Fair Program maintains an established network of over 80 lender and servicer relationships spanning major banks (Bank of America, Wells Fargo, Chase, JP Morgan, Citibank, US Bank), non-bank servicers (Ocwen, Mr. Cooper, Countrywide), and specialty lenders, which functions as the operational backbone for negotiating loan modifications and forbearance on behalf of homeowners.
The company discloses no proprietary technology platform or software product; its website is built on Wix, a standard small-business website builder. There are no app, API, AI/ML, or data assets disclosed. The company has been operating for over a decade with no disclosed funding rounds, investors, founders, management team, employees, or ownership structure, and has not announced any acquisitions, partnerships, leadership changes, or geographic expansions beyond its Los Angeles County core market. The business is best characterized as a small, established, regionally-concentrated services firm whose value proposition rests on lender relationships, regulatory licensing, and local brand reputation rather than technology or scale advantages.
Fair Program firmographics
Firmographics- Name
- Fair Program
- Legal name
- Fair Program
- Website
- https://fairprogram.org
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Fair Program is a private, El Segundo-based foreclosure prevention and loan modification service serving distressed homeowners across Los Angeles County, working with 80+ lenders under a fully subsidized, zero-upfront-cost model.
- Ownership category
- akta.pro rank
Fair Program industry classification
Industry- Product category
- Foreclosure Prevention Services
- akta.pro primary industry
- Housing Counseling, Foreclosure Prevention & Loss Mitigation Programs (FSALAKAM)
Keywords
Where Fair Program is headquartered
LocationHeadquarters
- HQ city
- El Segundo
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Fair Program business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Foreclosure Prevention Services: Services appear to be subsidized, with zero upfront cost to homeowners. Revenue likely derives from agreements with lenders or government housing assistance programs rather than direct customer fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Fully subsidized program with no cost to homeowners |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Fair Program product offering
Product offeringCore offering
Fair Program provides fully subsidized foreclosure prevention and loan modification services to homeowners in Los Angeles County and surrounding areas. Working with over 80 lenders and servicers, the company negotiates loan modifications, forbearance agreements, reinstatement plans, rate reductions, extended terms, foreclosure postponements, decline appeals, bankruptcy protection, surplus funds recovery, and relocation assistance on behalf of distressed homeowners at no upfront cost.
Product overview
FAIR Program - Second Chances is a single-service foreclosure prevention and loan modification company operating in Los Angeles County. The company offers a comprehensive suite of mortgage workout solutions designed to help homeowners avoid foreclosure, including loan modification services (Modify My Loan, Forbearance, Reinstatement Plans, Rate Reductions, Extended Terms) and foreclosure defense services (Postponements, Legal Options, Negotiations, Decline Appeals). The program is fully subsidized, requiring no upfront cost from homeowners. Additional support services include Relocation Assistance when foreclosure cannot be prevented, Bankruptcy Protection, and Surplus Funds Recovery. The company works with over 80 major lenders and loan servicers to negotiate customized solutions on behalf of homeowners.
Differentiator
Problem solved
Functional benefit
Products and services
- Loan Modification Core service that modifies an existing mortgage loan to make payments more manageable through adjusted terms, interest rates, or repayment periods, for homeowners in Los Angeles County at risk of foreclosure.
- Forbearance Agreements Temporary payment relief arrangement that allows homeowners to pause or reduce mortgage payments for a specified period due to financial hardship.
- Reinstatement Plans Structured repayment plan that enables homeowners to bring their delinquent mortgage current by paying a set amount over time to catch up on missed payments.
- Rate Reductions Negotiation service to lower the interest rate on an existing mortgage, reducing monthly payments and total interest paid over the life of the loan.
- Extended Terms Loan modification option that extends the repayment period, spreading payments over a longer timeframe to lower monthly payment amounts.
- Foreclosure Postponement Service to delay or postpone scheduled foreclosure sale dates, providing homeowners additional time to pursue loan modification or other workout solutions.
- Legal Options Consultation Advisory services regarding legal remedies available to homeowners facing foreclosure, including protection strategies and available court-based options.
- Lender Negotiations Professional negotiation services with mortgage lenders and servicers on behalf of homeowners to reach favorable loan modification or workout arrangements.
- Decline Appeals Service to appeal denied loan modification applications, presenting additional documentation or arguments to reverse adverse decisions.
- Bankruptcy Protection Assistance with bankruptcy filing as a legal tool to halt foreclosure proceedings and provide additional time and leverage in negotiating with lenders.
- Surplus Funds Recovery Assistance in recovering surplus funds from completed foreclosures, helping homeowners claim excess proceeds after the property is sold.
- Relocation Assistance Support services provided when homeowners need to relocate, helping manage the transition when foreclosure cannot be prevented.
Quantifiable outcome
- Successfully helping homeowners avoid foreclosure for over a decade with 5-star customer reviews
Companies that use Fair Program
Customer profileSegments1 record
Ideal customer profiles1 record
Fair Program technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Fair Program partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- Bank of AmericacoreMajor lender partner for loan modification and foreclosure prevention services. Homeowners with Bank of America mortgages can work with FAIR Program to modify loans, establish forbearance, or avoid foreclosure.
- Wells FargocoreMajor lender partner included in the network of 80+ lenders that FAIR Program works with to provide foreclosure prevention services to homeowners.
- ChasecoreChase bank is among the top lenders that FAIR Program works with for loan modifications and foreclosure assistance.
- JP MorgancoreJP Morgan is listed among the top lenders that FAIR Program works with for foreclosure prevention services.
- CountrywidecoreCountrywide mortgage is among the lender partners that FAIR Program works with for loan modifications.
- OcwencoreOcwen loan servicing company is among lender partners working with FAIR Program for foreclosure prevention.
- Mr. CoopercoreMr. Cooper (formerly Nationstar Mortgage) is a lender partner in the FAIR Program network.
- US BankcoreUS Bank is among the lender partners listed by FAIR Program for foreclosure prevention services.
- CitibankcoreCitibank appears in the lender partner list of over 80 lenders that FAIR Program works with.
- Loan DepotminorLoan Depot is among the lenders listed in the FAIR Program network.
Scale indicators1 record
Recent moves4 records
Expansion highlights3 records
Fair Program competitors and assessment
Company assessmentBroad incumbents
- National Foundation for Credit Counseling (NFCC): The largest network of HUD-approved nonprofit credit and housing counseling agencies in the U.S., providing foreclosure prevention and housing counseling through member agencies — competes as the umbrella brand for the same homeowner-counseling demand.
- Money Fit by DRS: A HUD-approved nonprofit credit and housing counseling agency that includes foreclosure prevention counseling, offering comparable subsidized services through similar servicer-funded channels.
- Money Management International (MMI): A major HUD-approved nonprofit credit counseling agency offering foreclosure prevention, housing counseling, and debt management programs — directly comparable in subsidized delivery model and servicer-funded revenue stream.
- Springboard Nonprofit Consumer Credit Management: A HUD-approved nonprofit housing and credit counseling agency that delivers foreclosure prevention and reverse mortgage counseling, competing in the same lender-referred distressed-homeowner funnel.
- BALANCE Financial Fitness: A HUD-approved housing and financial counseling nonprofit providing foreclosure prevention and mortgage delinquency counseling to California and other state residents — comparable subsidized, servicer-aligned model.
- InCharge Debt Solutions: A nonprofit HUD-approved housing and credit counseling provider offering foreclosure prevention counseling and loan modification support — competing on similar subsidized, lender-coordinated service delivery.
- Clearpoint Credit Counseling Solutions: A large HUD-approved credit counseling organization that includes housing counseling and foreclosure-prevention services in its portfolio, competing for the same distressed-borrower segment with comparable subsidized pricing.
- GreenPath Financial Wellness: A large, established HUD-approved housing and credit counseling nonprofit that offers foreclosure prevention and loan modification counseling alongside debt management — competing for the same distressed-homeowner referral channels from servicers.
Direct peers
- HomeFree-USA: A HUD-approved national housing counseling agency that provides foreclosure prevention, loan modification assistance, and homebuyer education — a direct competitor in the same subsidized, lender-coordinated foreclosure-prevention niche.
- Homeownership Preservation Foundation (HPF): A nonprofit focused specifically on foreclosure prevention and homeowner retention, providing counseling and servicer-coordinated workout solutions — a narrowly focused direct peer in the foreclosure-prevention category.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Fair Program social profiles
Digital presenceFair Program financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fair Program leadership team
Management profileNumber of profiles
Fair Program funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fair Program M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fair Program
What does Fair Program do?
Fair Program provides fully subsidized foreclosure prevention and loan modification services to homeowners in Los Angeles County and surrounding areas. Working with over 80 lenders and servicers, the company negotiates loan modifications, forbearance agreements, reinstatement plans, rate reductions, extended terms, foreclosure postponements, decline appeals, bankruptcy protection, surplus funds recovery, and relocation assistance on behalf of distressed homeowners at no upfront cost.
Is Fair Program a public or private company?
Fair Program is a private company. It is classified as unknown and is currently operating.
When was Fair Program founded?
Fair Program was founded in 2009. It employs 11 to 50 people.
Where is Fair Program based?
Fair Program is headquartered in El Segundo, United States, in the North America region.
How does Fair Program make money?
One revenue line is on record: foreclosure Prevention Services.
Who are Fair Program's main competitors?
Broad incumbents on record are National Foundation for Credit Counseling (NFCC), Money Fit by DRS, Money Management International (MMI), Springboard Nonprofit Consumer Credit Management, BALANCE Financial Fitness, InCharge Debt Solutions, Clearpoint Credit Counseling Solutions and GreenPath Financial Wellness. Direct peers are HomeFree-USA and Homeownership Preservation Foundation (HPF).
Does Fair Program have an API?
No public API is recorded for Fair Program.
What industry is Fair Program in?
Fair Program's product category is Foreclosure Prevention Services. Its primary akta.pro industry code is FSALAKAM, Housing Counseling, Foreclosure Prevention & Loss Mitigation Programs.