Have you been contacted by the List Agent for New Owner? That is the person you need to contact to see if you are eligible. If you are renting the home and the landlord is the one being foreclosed on then you still might have that option. If you are the former owner in most cases you are not eligible for CFK. The only way to find out for sure is to contact the listing broker for the new owner be it Fannie Mae or Freddie Mac.