Wednesday, December 23, 2009

NeighborWorks CEO Ken Wade Emphasizes Importance of Homeownership Counseling on the Tavis Smiley Show

On December 18, NeighborWorks America CEO Ken Wade was interviewed on the Tavis Smiley show, where he emphasized that homeownership is still a good opportunity for many people, including in areas impacted by foreclosure. According to Wade, it appears that those interested in buying are seeking upfront counseling.

"The groups that we work with are seeing record numbers of people coming in to get homebuyer education," Wade said. He added, "We think working with a local community-based organization, a housing counselor, will best position someone to be able to improve their credit if that's an issue, find the right mortgage product for them and put them on the path to successful homeownership."

Check out the interview.