NeighborWorks Center for Foreclosure Solutions has received a $50,000 donation from Smith Barney to help support foreclosure intervention and prevention strategies.
The NeighborWorks Center for Foreclosure Solutions, launched in 2005, was created to preserve homeownership in the face of rising foreclosure rates. The center focuses on providing counseling training, building the capacity of local foreclosure prevention efforts and advancing foreclosure mitigation research.
‘We are delighted that Smith Barney is supporting the center's efforts to help families avoid foreclosure," says Kenneth D. Wade, NeighborWorks America's CEO. "The center's work has already made a difference for thousands of struggling homeowners, and the substantial contribution from Smith Barney will enable many more families to find a solution that works best for them."
SOURCE: NeighborWorks America