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Foreclosure Counseling (NFMC)

1.8 million people helped The National Foreclosure Mitigation Counseling (NFMC) program was launched in December 2007 with funds appropriated by Congress to address the nationwide foreclosure crisis by dramatically increasing the availability of housing counseling for families at risk of foreclosure.

NeighborWorks America distributes funds to competitively selected grantee organizations, which in turn provide the counseling services, either directly or through sub-grantees.

Grants also fund legal assistance for homeowners and the training of foreclosure counselors. More than 1,700 counseling agencies participate in the program.
 

Program Highlights

NFMC announces supplemental grants funding for foreclosure counseling
Applications for the NFMC Supplemental Grants were due on Wednesday, Nov. 9.  In total, 72 organizations requested more than $53 million as follows:
 
  • 17 HUD-approved housing counseling intermediaries requested more than $8.7 million.
  • 15 state housing finance agencies requested more than $40.8 million.
  • 40 NeighborWorks organizations requested more than $3.5 million.
The NFMC Program Supplemental Grants grant application period ran from Oct. 12 to Nov. 9. For more information, visit the Supplemental Grants page.
NFMC releases thirteenth congressional report (Sept. 23)
NFMC serves 2 million homeowners

Previous rounds of NFMC funding

Homes & Finances

Contact Us:

Nicole Harmon, vice president
National Foreclosure Mitigation Counseling program
NFMC@nw.org