A new Web-based course that will provide city leaders with strategies to successfully address foreclosures in their cities will be offered for free to the general public, according to an announcement from National League of Cities (NLC) and Wells Fargo on Wednesday.
The course, entitled Understanding Foreclosure: A City Leader's Guide, was initially launched in 2014 at the Congress of Cities in Austin, Texas. NLC is offering the course as part of its NLC University, which is NLC's collaborative education and professional development initiative.
"The National League of Cities is pleased to offer Understanding Foreclosure: A City Leader's Guide with Wells Fargo for the first time to the general public, free of charge," said Clarence E. Anthony, CEO and executive director of NLC. "The tools in this course provide proven strategies to help city leaders across the nation understand and navigate the intricacies of the foreclosure process. Ultimately, a better understanding of this issue will lead to better outcomes for our communities and their residents."
The course is intended to equip city leaders with the best information and resources that will allow them to take a proactive stance on foreclosures should their cities experience another mortgage crisis like the one that hit the nation in 2008.
"At Wells Fargo we understand the important role we play in helping our communities succeed," said Wells Fargo's Mike Rizer, head of Community Relations. "This course, developed with the National League of Cities, provides information and strategies that will help to improve quality of life in our neighborhoods, and that we hope will ultimately promote long-term economic prosperity."
The course features three self-paced modules that informs participants as to the basics of foreclosures and the devastating impact they have on communities. The course includes a series on mortgage basics, such as who is responsible for the care of vacant and abandoned properties, and building strategies and partnerships to address foreclosures. Each module features specific learning objectives and engagement activities.
"This webinar is interactive and easy to follow," Kansas City, Missouri, Mayor Sly James said. "A better understanding of mortgage processes can improve relations between lenders and residents, help stabilize neighborhoods and improve livability in our city."