Funding for housing counseling represents a minuscule fraction of total federal spending on housing-related initiatives. Still, some question whether taxpayers are getting the best bang for their buck, particularly as public budgets come under strain.

Housing counseling is funded through a mix of federal and state government funds, consumer and business expenditures. It also is a condition of and funded by several mortgage-related legal settlements, said Brian Sullivan, a spokesperson for the Department of Housing and Urban Development.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry