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NeighborWorks America Reaches 200,000 Homeowners

Washington, D.C.-based NeighborWorks America, a nonprofit that runs a foreclosure hotline supported by the Homeownership Preservation Foundation, announced today that its foreclosure prevention hotline—888-995-HOPE—has assisted more than 200,000 homeowners since June 25, 2007.
NeighborWorks also said it continues to receive significant support from companies, law firms and associations that are working within the realm of mortgage banking.

“NeighborWorks America has been an instrumental partner in effectively getting our HOPE Hotline number—888-995-HOPE—into the hands of Americans than ever before. Their on-the-ground network of face-to-face counselors is an important counterpart to the overall foreclosure prevention effort that we’ve undertaken. We’re proud to be aligned with this innovative organization,” said Colleen Hernandez, president and executive director of the Homeownership Preservation Foundation. “Moreover, we’ve seen a broader adoption of the hotline by the financial services industry and government officials through linkage with the HOPE NOW Alliance. How the mortgage industry, nonprofit organizations and government at all levels work together in 2008 is critical to the effort to prevent foreclosure.”
Here is a complete list of the many companies that are supporting NeighborWorks’ national foreclosure prevention campaign:
American General Financial Services/AIG; Bank of America; Barrett, Burke, Wilson, Castle, Daffin and Frappier; Citi; Chase; Countrywide Financial Corp.; EMC Mortgage Corp.; Fannie Mae; Freddie Mac; Genworth Financial; HomEq Servicing; HSBC-North America; IndyMac Bank; Mortgage Bankers Association; National City Corp.; Option One; Regions Financial Corp.; SunTrust Mortgage; Washington Mutual; and Wells Fargo.


Author: Kerri Panchuk Date: 01/29/2008

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