American Business Advantage and Community Loan Service Center have partnered to launch a national foreclosure prevention program. The Federal Deposit Insurance Corp. and the Neighborworks Center for Foreclosure Solutions have teamed up to promote foreclosure-prevention strategies for subprime and nontraditional loan borrowers at risk of losing their home. The Association of Community Organizations for Reform Now recently announced that, at its Presidential Candidates Forum, Senator Hillary Clinton said she would propose subprime lending legislation that requires face-to-face mortgage counseling for risky home loans if she were president.
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