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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 tenth round of funding for foreclosure counseling
On May 26, NeighborWorks America announced that $39.9 million has been awarded to 21 state housing finance agencies, 19 HUD-approved housing counseling intermediaries and 60 community-based NeighborWorks organizations to provide counseling to families and individuals facing the threat of foreclosure.

Communities across the country will now be able to put to use this tenth round of National Foreclosure Mitigation Counseling (NFMC) Program funds. For more information, visit the Round 10 and Supplemental Grants page.
NFMC releases twelfth congressional report (May 26)
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