North Carolina Project Prevents 2,500 Home Foreclosures
December 21st, 2009
Brunswick County, NC home remodeler Mark Johnson Custom Homes is excited to share an article by Triangle Business Journal’s Lee Weisbecker. The Journal announced this morning that North Carolina’s State Home Foreclosure Prevention Project has prevented over 2,500 North Carolina home owners from foreclosing. The FHFPP has also given financial and mortgage advice to over 5,000 home owners in our state. Below is an excerpt and to read the complete article, click here.
“The State Home Foreclosure Prevention Project, which works with one national nonprofit phone counseling agency and 34 local counseling agencies across North Carolina, has prevented foreclosures in 99 of North Carolina’s 100 counties, the commissioner’s office says.
Foreclosure filings in North Carolina are up 14 percent in 2009 due to the economic downturn and job losses. Even so, North Carolina continues to have one of the 15 lowest foreclosure rates among the 50 U.S. states, according to RealtyTrac’s latest foreclosure report.”
