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Tag Archives: NeighborWorks America

Wells Fargo Gives Homebuyers a LIFT

homebuyers

Here’s how Wells Fargo’s LIFT initiative for low- and moderate-income households has created opportunities for potential homeowners who would have otherwise remained out of the market.

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NeighborWorks America Appoints New President and CEO

NeighborWorks America, recently announced the appointment of Marietta Rodriguez, as President and CEO of NeighborWorks America. Jeffrey Bryson, who served as interim President and CEO for the nonprofit since September 2017, will remain on board until August 17.

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Non-Profit Awards $44.8 Million Through Foreclosure Mitigation Counseling Program

While foreclosure numbers have declined significantly since the peak years of 2010 and 2011, a recent uptick in foreclosure starts demonstrates the need still exists for loss mitigation programs such as the NFMC to help families and individuals stay in their homes when their mortgages become delinquent. The current demand for NFMC grant funds ($87 million) was nearly double the amount of $44.8 million that was awarded.

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Ocwen Teams With Housing Group to Aid Distressed New York Homeowners

Ocwen Financial Corp. found trouble in New York last year when a top regulator's investigation revealed that the servicer had sent erroneously dated correspondence to about 7,000 borrowers. Over the weekend, however, Ocwen made positive news in New York when it teamed with Neighborhood Housing Services of New York City to reach out to aid struggling homeowners who were at risk of foreclosure.

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NeighborWorks America’s Board Chooses New CEO

NeighborWorks America announced the appointment of a new president and CEO, naming a longtime leader in the housing and community development field to the role. Effective January 20, Paul Weech will take the reins at the organization, allowing Chuck Wehrwein, current acting president and CEO, to return to his position as COO.

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