Section Highlights

NeighborWorks Center for Foreclosure Solutions

Our Focus
The NeighborWorks Center for Foreclosure Solutions, an initiative of NeighborWorks America, was created to preserve homeownership in the face of rising foreclosure rates. In conjunction with national nonprofit, mortgage and insurance partners, the center builds capacity among foreclosure counselors around the nation, conducts public outreach campaigns to reach struggling homeowners, and researches local and national trends to develop strategic solutions. In cities and states with high rates of foreclosure, the center works with local leaders to create sustainable foreclosure intervention programs.

In the Spotlight

Urban Institute Analysis of NFMC Our seventh National Foreclosure Mitigation Counseling (NFMC) report to Congress shows the program has counseled over 1.3 million homeowners since 2008 and saved them $372 million annually. Learn more

A 2011 study by the Urban Institute on NFMC found that foreclosure counseling nearly doubles chances of mortgage modification, reduces likelihood of re-default by at least 67 Percent. Read NeighborWorks America CEO Eileen Fitzgerald's blog about the study.

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