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Community Resources Many
community-based organizations have increased outreach efforts to assist homeowners
experiencing mortgage delinquency and foreclosure by providing them with
access to quality information, counseling services and resources that can
lead to solutions. In addition, some national nonprofit housing counseling
agencies are now working with servicers to develop foreclosure prevention
programs.
However, assisting distressed homeowners may require additional foreclosure
training for staff or expanding the organization capacity through partnerships
with others who have a stake in keeping homeowners in their properties
and maintaining the economic health of local communities. In addition to
the resources identified here, local strategies are being implemented through
community-based, city-wide and state-wide task forces. Check with your
city and state government offices or FDIC
Community Affairs Officer to find out if
there is an active foreclosure task force in your area.
Selected
Research Articles
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