Foreclosure Counseling From NeighborWorks America Reaches 1 Million Homeowners
Foreclosure Counseling by NeighborWorks America reaches 1 million homeowners. NeighborWorks America announced that more than 1,000,000 homeowners facing foreclosure received counseling thanks to the Congressionally-funded National Foreclosure Mitigation Counseling (NFMC) Program. NeighborWorks America anticipates even more homeowners will want counseling with 4 million more homeowners expected to enter into foreclosure this year. The report also includes new information about the cause of foreclosure and the effectiveness of foreclosure counseling.