HOPE NOW reports homeowner workouts reach record levels in April – NMP Skip to main content

HOPE NOW reports homeowner workouts reach record levels in April

National Mortgage Professional
May 29, 2008

FDIC and Neighborworks to co-host a series of one-day seminars on foreclosure prevention MortgagePress.comFDIC, NeighborWorks America, foreclosure prevention, seminars The Federal Deposit Insurance Corporation (FDIC) and NeighborWorks America have kicked off a series of one-day foreclosure prevention seminars in five high-foreclosure cities. The seminars will be geared toward private- and public-sector organizations that work with consumers who are at risk of foreclosure. The seminars will provide an overview of the foreclosure process and industry access that will be helpful in providing guidance to their clients and constituents. Participants will include support counselors, bankers, real estate professionals, and others involved in foreclosure outreach efforts to distressed homeowners. "There were just over 1.5 million foreclosures in 2007, and that number could rise further this year unless meaningful steps are taken to address the foreclosure problem," said Thomas J. Curry, member of the FDIC board of directors and chairman of NeighborWorks America. "We are committed to bringing parties together who are on the front lines of working with at risk consumers in an effort to keep as many people as possible from losing their homes." Each one-day symposium will be broken down into morning and afternoon sessions. The morning sessions will focus on mitigation counseling and resources, and understanding homeowner issues and concerns. The afternoon session will focus on opportunities and strategies for working with financial institutions and loan servicers. The first symposium will be held at the Hampton Inn in Las Vegas on May 29. In the coming months, other symposia are planned for Tampa, Detroit, Columbus, and Los Angeles. For information on how to register and to view the complete agenda, visit the FDIC's Web site at www.FDIC.gov/foreclosures. There is no fee to register or to participate, but space is limited.
Published
May 29, 2008
Mortgage Industry Will Soon Be ARMed To The Teeth

ARM loans might be a saving grace to borrowers who recently purchased a home, but it comes with risks.

Industry News
May 20, 2022
Battle Between Loan Originators Gets Sparkly and Dirty

Flowers is suing both Durosko and Peevey for these pranks, demanding compensation for their harmful acts, but that doesn’t tell the whole story. 

Industry News
May 18, 2022
FirstClose Receives $35M Investment From Lateral

Fintech says it will use the investment to expand its growing financial services footprint.

Industry News
May 18, 2022
Mortgage News Network Launches Podcast On Helping Underserved Borrowers

'Gated Communities' looks at why homeownership gap is increasing, and what lenders are doing to reverse the trend.

Industry News
May 17, 2022
Class Valuation Appoints EVP Of Valuation Modernization

Cristy Conolly will focus on removing bias from the equation in appraisals.

Industry News
May 17, 2022
Open Mortgage Appoints New Chief Financial Officer

Anthony Nolte, Open Mortgage's CFO since 2019, will transition to chief legal officer.

Industry News
May 17, 2022