Countrywide Donates $513K to NeighborWorks

Countrywide Financial Corp., Calabasas, Calif., has donated over $513,000 to NeighborWorks America, Washington, to promote homeownership education, counselor training, downpayment assistance, and foreclosure intervention programs.In part, the fund will be used to support the various services and training that customers need to shop for, purchase, rehabilitate, insure, and maintain a home offered by a network of 92 NeighborWorks HomeOwnership Centers. The national NeighborWorks America organization will receive $250,000, and a $100,000 contribution will go to the NeighborWorks Center for Foreclosure Solutions, a new national initiative that kicked off earlier this year in Ohio (where foreclosures have more than doubled in the last five years). Countywide can be found online at http://www.countrywide.com, and NeighborWorks can be found on http://www.nw.org.