NeighborWorks Center for Foreclosure Solutions announced today it has recently received a donation in the amount of $50,000 from Smith Barney. This contribution was awarded to help support foreclosure intervention and prevention strategies.
The NeighborWorks Center for Foreclosure Solutions (The Center), a major program initiative of NeighborWorks America, was launched in 2005. The Center was created to preserve homeownership in the face of rising foreclosure rates.
Kenneth D. Wade, CEO of NeighborWorks America commented, "We are delighted that Smith Barney is supporting the Center’s efforts to help families avoid foreclosure. 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.” Read more.