Spotlight
National Center for Foreclosure Solutions Update
View the latest update on NeighborWorks America's efforts to prevent foreclosures. This brief report shows the reach of NeighborWorks Ad Campaign, and highlights other outreach and training efforts. Download the report.
Renters Get New Protection From Foreclosure
Renters have more protection against losing their homes under a new foreclosure prevention bill President Obama signed into law on May 20. Starting immediately, the law requires that tenants who pay their rent on time can remain in their home until the end of their lease, or for up to 90 days after the foreclosure if there is no lease. Learn more from The Washington Post. In response, the National Low Income Housing Coalition has developed a Renters in Foreclosure Toolkit that counselors can use as part of their foreclosure prevention efforts.
New Video Stresses Homeowner Education to Prevent Foreclosure
Featured in this video are a new homeowner who was proactive in getting the guidance she needed; NeighborWorks America CEO Ken Wade, who emphasized that prepurchase education is an important weapon against foreclosure; and the counseling services of network member Resources for Residents and Communities of Georgia Inc. View video.
Making Home Affordable Resources for Counselors
On March 4, the Obama Administration released new details of Making Home Affordable, the Homeowner Affordability and Stability Plan. NeighborWorks America has gathered information to help housing counselors assist eligible homeowners under the new plan. See resources, including list of servicers participating in Making Home Affordable.
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