Losing a home to foreclosure can be devastating.

Heaping helpings of financial stress and truckloads of uncertainty about what the future holds can break people down and even tear apart families.

U.S. News and World Report today provides seven helpful tips to help distressed homeowners cope under these emotionally-charged circumstances.

Check them out:

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Those who fail to learn from history’s mistakes are doomed to repeat them.

Current and future homeowners would be wise to examine the causes of the real estate bust that has forced countless families into foreclosure and many more fighting to avoid it.

Unemployment, divorce, illness and other unforeseen events are hard to avoid and nearly impossible to predict. But there are several situations for which homeowners can prepare and control.

NASDAQ.com offers “3 Lessons to Learn from Foreclosure:”

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Careful, homeowners currently in default.

If you think that a foreclosure and/or short sale will help you improve your distressed situation moving forward, and that you can just cut your losses free and clear, think again.

The Detroit News passes a long a helpful nugget of advice about mortgage deficiency judgements, which is essentially a tool that lenders can leverage to recoup some of their losses by coming after borrowers who defaulted on their mortgages.

And in some cases, they can wait years before coming after you.

Here’s the skinny:

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Information and acronym overload is just one of many ways to describe all the home-saving programs currently huddled under the federal government’s Making Home Affordable umbrella.

Finding out which program may be best for you, as well as whether or not you qualify for it, can be an overwhelming experience. And if you’re in a tight spot like many of your other neighbors, struggling to meet your monthly mortgage obligations, you’re already probably way past the point of being overwhelmed.

MarketWatch.com has compiled a very helpful list of the various foreclosure, loan modification and short sale programs that are available today.

We’ve shared the most important information below, as well as direct links to the various websites where you can gather more information and request/download all the information you need to remedy your situation as quickly as possible.

Check it out:

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