Foreclosures have become a concern across the country. According to a recent article in the Daily Herald, approximately 179,600 foreclosure filings were reported in the United States in July, nearly twice as many as in July 2006.
The NeighborWorks Center for Foreclosure Solutions was created to preserve home ownership 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.
NeighborWorks is a national nonprofit organization created by Congress to provide financial support, technical assistance and training for community-based revitalization efforts.
In cities and states with high rates of foreclosure, the Center works with local leaders to create sustainable foreclosure intervention programs. Already the Center’s work has reached thousands of homeowners.