Fair Program

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.

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

Product category

Foreclosure Prevention Services

akta.pro primary industry

Housing Counseling, Foreclosure Prevention & Loss Mitigation Programs (FSALAKAM)

Keywords

• Foreclosure prevention
• Loan modification
• Mortgage assistance
• Forbearance agreements
• Reinstatement plans

Headquarters

HQ city

El Segundo

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. 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

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core 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

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• Bank of AmericacoreOthersMajor 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 FargocoreOthersMajor lender partner included in the network of 80+ lenders that FAIR Program works with to provide foreclosure prevention services to homeowners.
• ChasecoreOthersChase bank is among the top lenders that FAIR Program works with for loan modifications and foreclosure assistance.
• JP MorgancoreOthersJP Morgan is listed among the top lenders that FAIR Program works with for foreclosure prevention services.
• CountrywidecoreOthersCountrywide mortgage is among the lender partners that FAIR Program works with for loan modifications.
• OcwencoreOthersOcwen loan servicing company is among lender partners working with FAIR Program for foreclosure prevention.
• Mr. CoopercoreOthersMr. Cooper (formerly Nationstar Mortgage) is a lender partner in the FAIR Program network.
• US BankcoreOthersUS Bank is among the lender partners listed by FAIR Program for foreclosure prevention services.
• CitibankcoreOthersCitibank appears in the lender partner list of over 80 lenders that FAIR Program works with.
• Loan DepotminorOthersLoan Depot is among the lenders listed in the FAIR Program network.

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Broad 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

• YouTubeyoutube.com/channel/UCV15SgaG6bnh2wJasePx4Nw
• Facebookfacebook.com/fairprogram
• Xx.com/FAIRProgram

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fair Program