Refinancing, the Mortgage Crunch, and a Federal Housing Bill. YourHomeRefinance is a website dedicated to the average American homeowner beat up by the recent mortgage industry meltdown and the resulting negative impact on home values.

The single biggest mistake borrowers make when they fall behind on their mortgage is not contacting their lender. As soon as you realize you have a problem, you’ve got to make that call. “The sooner the lender is approached, the better,” recently said a spokesperson for Washington Mutual. “Even after...