NeighborWorks America Announces that the National Foreclosure Mitigation Counseling Program Has Served 1.5 Million Homeowners

Washington, DC – December 11, 2012 – (RealEstateRama) — 1.5 million homeowners have received foreclosure prevention counseling by local nonprofits, national intermediaries and state housing finance agencies participating in the National Foreclosure Mitigation Counseling (NFMC) program administered by NeighborWorks America, one of the nation’s largest community development corporations. The latest report on the NFMC program also found the program has helped save local governments, lenders, and homeowners approximately $920 million.