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Loan Modification

: Loan Modification & Home Loan News

African Americans hurt by foreclosures?

By Moe Bedard

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Washington, D.C. – NeighborWorks America, the administrator of the Congressionally authorized National Foreclosure Mitigation Counseling (NFMC) program, has stated that of the more than 870,000 homeowners who received foreclosure prevention counseling through January 31, 2010, 26% were African American homeowners, nearly three times their representation of total homeowners. In all, 52 percent of NFMC Program [...]

Full post as published by Loan Modification & Home Loan News on June 09, 2010 (boomark / email).

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