Foreclosure Prevention

Campaign Sponsor: NeighborWorks^® America
Campaign Website: www.ForeclosureHelpandHope.org
Volunteer Agency: mcgarrybowen

An estimated 1.8 million families will face foreclosure this year.  Not only do foreclosures have a disastrous financial impact on a family, but they also have harsh consequences for entire communities.  Just one or two boarded-up homes can send a residential block into a downward spiral, driving down property values and leading to increased crime, rundown schools, and flagging economic growth. 

Studies show that roughly 50% of delinquent borrowers avoid contact with their lender hoping the problem will go away. Further, more than 6 in 10 delinquent homeowners are not aware of services that mortgage lenders can offer a person behind in their mortgage.

This campaign will encourage homeowners at risk of losing their homes to call 888-995-HOPE, where they will find quality counseling and financial advice from a trusted, third-party nonprofit on the opportunities available to avoid foreclosure.

Click here to preview newly available TV spots in :05, :10 and :15 lengths.

The campaign launched in June 2007.