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Record #:
30384
Abstract:
The North Carolina Foreclosure Prevention Fund is now helping unemployed homeowners to keep their homes, and may be able to help clients who are struggling to pay their mortgage. Created by the North Carolina Housing Finance Agency and funded by the United States Treasury, the effort pays the mortgage while individuals look for jobs or complete job trainings.
Source:
Record #:
30454
Abstract:
Three hundred North Carolina lenders, including dozens of community banks, are key players in an effort that has helped unemployed North Carolina homeowners save their homes from foreclosure. The North Carolina Foreclosure Prevention Fund makes mortgage payments for qualified homeowners who have lost their jobs or experienced temporary hardships.
Source:
Carolina Banker (HG 2153 N8 C66), Vol. 93 Issue 2, Summer 2014, p35, por