Coalition Advocacy

Coalition Urges Senate to Fund NFMC Program

On July 7, the Coalition of HUD Intermediaries sent a letter to Congress urging members to continue funding the National Foreclosure Mitigation Counseling Program.  Although the House of Representatives voted to fund the program at $42 million for Fiscal Year 2016, the Senate's Transportation, Housing and Urban Development and Related Agencies appropriation bill eliminated funding for the NFMC program.  The NFMC program provides a critical lifeline for millions of homeowners who are still in financial distress: facing foreclosure, burdened by negative equity and struggling to recover from t