The U.S. Department of Housing & Urban Development (HUD), in partnership with the Loan Modification Scam Prevention Network, has announced the launch of PreventLoanScams.org. “Troubled homeowners lose time and money when they are tricked by con artists who promise to help but never do,” said John Trasviña, HUD Assistant Secretary for Fair Housing and Equal Opportunity. “This initiative combines the collective energies of public and private enterprises to strengthen the ability of law enforcement to prosecute scammers and protect homeowners.”Read more

NeighborWorks America, the administrator of the National Foreclosure Mitigation Counseling (NFMC) Program announced that NFMC clients who receive foreclosure counseling are 1.6 times more likely to avoid losing their homes to foreclosure than homeowners who do not receive foreclosure counseling, according to findings in a recently released report.Read more

The following statement was released today by Jeffery Markowitz, vice president of government and industry relations, Freddie Mac in support of the Columbus, Ohio launch of the “Loan Modification Scam Alert” campaign by a coalition of federal agencies, non-profit organizations, and Freddie Mac: “Loan modification fraud is nothing less than a pre-meditated attack on our communities and the housing recovery.Read more

NeighborWorks America has announced that it received $4,860,802 in funding from the U.S. Department of Housing & Urban Development (HUD), which will support training and certification opportunities for thousands of counselors from HUD-approved non-profit counseling agencies, as well as non-profit housing counseling at local NeighborWorks organizations.Read more

The U.S. Office of Thrift Supervision (OTS), in partnership with the U.S .Department of Housing & Urban Development (HUD), NeighborWorks America, and the Center for New York City Neighborhoods, is hosting a summit on foreclosure prevention on Tuesday, Nov. 10, 2009 at the Jacob K. Javits Federal Building in Lower Manhattan from 8:00 a.m.-2:30 p.m.Read more

Mortgage servicer Ocwen Financial Corporation convened more than 30 representatives of grassroots and national housing advocacy organizations to share success stories, new ideas and insights related to preventing foreclosures and helping homeowners.Read more