NeighborWorks Cites Foreclosure Training Record

NeighborWorks America has announced that it trained more than 200 homeownership counselors in foreclosure intervention at a recent NeighborWorks Training Institute, the highest number the organization has trained in foreclosure at such an institute.The organization said it has trained over 3,300 foreclosure counselors in the last four years, and expects to award 2,800 professional certificates to foreclosure counselors in 2008. "With more than two 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," said Ken Wade, chief executive officer of NeighborWorks America. The organization can be found online at http://www.nw.org.

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