NFCC
Disabled Couple Increases Income to Save Home from Foreclosure
Washington, DC - October 12, 2012 - (RealEstateRama) -- No one wants to lose their home to foreclosure, but finding the extra money to meet loan obligations can be challenging, particularly if hindered by serious medical issues. Michael and Lora Zook, ...
NFCC RECEIVES MAXIMUM SHARE OF GRANT TO ASSIST HOMEOWNERS
Washington, DC - June 24, 2011 - (RealEstateRama) -- The National Foundation for Credit Counseling (NFCC) is pleased to announce that it has been awarded a maximum grant of $5,821,833.60 under the Emergency Homeowners Loan Program (EHLP). This award represents approximately 25 percent of the total $22,990,954 allocated under EHLP.
Poll Shows No Improvement In Consumers’ Ability To Afford Mortgage Loan Down-Payment
Washington, DC - June 1, 2011 - (RealEstateRama) -- Many say that housing led America into the economic downturn, thus housing will need to lead the way out. If true, the National Foundation for Credit Counseling (NFCC) May online poll provides little hope.
NFCC RECEIVES FEDERAL GRANT TO PROVIDE FREE HOUSING COUNSELING TO SENIORS IN DANGER OF...
Washington, DC - April 121, 2011 - (RealEstateRama) -- The National Foundation for Credit Counseling (NFCC) is the recipient of a Housing and Urban Development (HUD) program grant to assist seniors who have taken out a Home Equity Conversion Mortgage (HECM) and who are delinquent on their property charges, such as taxes and insurance, thus putting their home in danger of foreclosure.
REVERSE MORTGAGE COULD BE THE RIGHT ANSWER FOR CASH-STRAPPED SENIOR
Silver Spring, MD - June 22, 2010 - (RealEstateRama) -- Many older Americans find themselves house rich and cash poor. They own their home, or at least have significant equity in it, yet struggle to make ends meet each month. They could sell their home, but are not inclined to move and leave their memories behind.
LESS THAN ONE-QUARTER OF SURVEY RESPONDENTS AGREE WITH WALKING AWAY FROM AN UNDERWATER MORTGAGE
Silver Spring, MD - June 8, 2010 - (RealEstateRama) -- If one were to rely solely on the headlines, he or she might be tempted to think that all mortgage-holders whose home loans were underwater were walking away from their mortgages and allowing the property to go into foreclosure. Admittedly, some do intentionally plan a strategic default, the term that refers to consumers who can afford to make their mortgage payment, but choose not to since the value of their home has decreased.
MANY FEEL THEY WILL NEVER BE ABLE TO AFFORD A DOWN-PAYMENT ON A HOME
NFCC Poll Reveals Discouraging Forecast for Housing Market
Silver Spring, MD - June 4, 2010 - (RealEstateRama) -- In recognition of June as National Housing Month, the National Foundation for Credit Counseling (NFCC) polled consumers regarding their ability to meet the down-payment requirements associated with buying a home in today’s market.