NeighborWorks America Teams Up with Federal Reserve Bank of Boston and Connecticut Governor's Office on Foreclosure Prevention Workshop

NeighborWorks America National Initiatives and Applied Research Director Nelson Merced and Eric Rosengren of the Federal Reserve Bank of Boston joined Connecticut Governor Jodi Rell at a press conference on February 10 to invite homeowners in danger of default or foreclosure to attend a free foreclosure prevention workshop scheduled for Valentine’s Day at the Connecticut Convention Center. Seventeen servicers and 19 housing counselors will be available to meet with homeowners and discuss mortgage options. More.

NeighborWorks America Invests $230,000 into Green Residential Rehabilitation Projects that Focus on Energy Conservation

NeighborWorks America today announced that as part of its goal to advance energy efficiency and environmental quality of affordable residential housing that it invested $230,000 in targeted residential rehabilitation projects in 12 states. The rehabilitation efforts supported by the NeighborWorks investment will create higher level energy and water conservation retrofitting for 500 owner-occupied homes thereby helping these households achieve better savings. The investments were made to 15 local non-profit organizations that are chartered members of the NeighborWorks network. More.

Post-Foreclosure Community Stabilization Strategies

In this report prepared for NeighborWorks^® America, author Anne Gass examines a collection of 14 case studies outlining strategies that nonprofit organizations across the country are using to begin the process of repairing damaged communities. Read Post-Foreclosure Community Stabilization Strategies: Case Studies and Early Lessons [PDF, 1.21 MB]

New NeighborWorks America Publications Available

Now available on nw.org:

• Nonprofit Strategies for REO Properties [PDF]
  
• Disaster Preparedness and Recovery Manual for Community Development Organizations [PDF]
  
• United Villages: A Case Study on Building Materials Reuse in Portland, Oregon [PDF]

NeighborWorks America Works to Thwart Foreclosure “Rescue” Scams

Today, NeighborWorks America announced that it filed two trademark complaints with online search engines in an attempt to protect consumers from falling prey to foreclosure rescue scams. The trademark complaints filed by NeighborWorks sought to remove online ads paid for by so-called mortgage rescue companies that used the NeighborWorks name and logo and offered foreclosure help for a fee. The companies have no affiliation with NeighborWorks.

The trademark complaints were the latest of NeighborWorks’ efforts to help ensure that homeowners in danger of foreclosure receive the help they need to avoid foreclosure. More.