FDIC and NeighborWorks partner against foreclosuresMortgagePress.comForeclosure prevention programs
The Federal Deposit Insurance Corporation and NeighborWorks
America have partnered, to promote foreclosure-prevention
strategies for consumers at risk of foreclosure from sub-prime and
nontraditional mortgage lending. The partnership will focus its
efforts in nine markets around the country that are served by both
The Federal Deposit Insurance Corporation is a United States
government corporation that insures savings and checking deposit
accounts in member banks up to $100,000 per depositor. For more
information, call (877) 275-3342 or visit www.fdic.gov.
Washington, D.C.-based NeighborWorks America is a national
non-profit organization that provides financial support, technical
assistance and training for community-based revitalization efforts.
For more information, call (202) 220-2300 or visit www.nw.org.