NeighborWorks America, the nation's largest certifier of homeownership counselors, trained more than 200 homeownership counselors in foreclosure intervention counseling during its recent NeighborWorks Training Institute – the most counselors ever trained in foreclosure at a session.
In 2008, the organization expects to award 2,800 professional certificates to foreclosure counselors. Counselors work one-on-one to advise homeowners in danger of losing their homes to foreclosure.
‘The strong need for additional certified foreclosure counselors across the nation is evident,’ says Ken Wade, CEO of NeighborWorks America. ‘With more than 2 million adjustable-rate mortgages expected to reset in 2008, we are working to equip more counselors with the knowledge and skills they need to help homeowners in their communities avoid foreclosure and sustain homeownership.’