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Tag Archives: Housing Counseling

JPMorgan to Hire Hundreds in Michigan and Ohio

JPMorgan announced it will hire as many as 175 full-time employees in its Cleveland, Michigan mortgage operation center and as many as 125 in its Columbus, Ohio center by year-end, thanks to a successful summer in its mortgage sector. The company reported a net income of nearly $5 billion for the second quarter of 2010, which was up from both Q1 2010 and Q2 2009.

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Two NYC Groups Receive Funds to Offer Counseling to Homeowners

The New York State Division of Housing and Community Renewal on Wednesday awarded $848,384 to the Center for New York City Neighborhoods (CNYCN) and the New York City Department of Consumer Affairs Office of Financial Empowerment (DCA's OFE). The money has been allotted to provide free financial counseling and to expand CNYCN's call center operations for at risk homeowners, which takes calls from New York City's general information line.

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NeighborWorks CEO Leaves to Join Bank of America

The head of one of the nation's largest nonprofit housing and foreclosure counseling organizations is leaving his post for a job in the private sector. Kenneth Wade, CEO of NeighborWorks America, has announced his plan to resign at the end of the calendar year after six years at the organization's helm. Beginning in January, Wade will join the nation's largest mortgage lender, Bank of America, as senior community affairs executive, where he will be responsible for furthering BofA's relationships with key organizations in community development, neighborhood stabilization, and consumer policy.

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HUD to Provide $5.1 Million in Grants for Housing Counseling Training

HUD has announced the availability of more than $5.1 million in grants for housing counseling training. HUD plans to fund eligible organizations to deliver full-spectrum training as part of the Obama administration's efforts to provide housing counseling to the nation's homeowners, buyers, and renters. The agency says right now, these counseling programs are critical to helping thousands of families avoid foreclosure, and it has increased the funding for such services by 36 percent in this year's HUD budget.

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