RICHMOND, Va., Sept. 30 /PRNewswire-USNewswire/ -- The Federal Reserve
Bank of Richmond has launched an online Foreclosure Resource Center
providing information for homeowners, community groups and local
governments to help prevent foreclosures and lessen their negative
influence on neighborhoods.
"The resources provided on this virtual center reflect the assistance
that the Richmond Fed is already providing," said Marsha Shuler, the Bank's
senior vice president of Community Affairs. "What we have now is a one-stop
source for information. This center helps homeowners and community leaders
learn what they need to know and take appropriate action."
For homeowners, the Richmond Fed's Foreclosure Resource Center provides
contact information for agencies that can help those who face losing their
homes. For community leaders and those working in neighborhood groups, the
center offers a directory of services and best practices in foreclosure
assistance.
In addition, the virtual center contains features that appeal to all
users, such as maps that illustrate foreclosure rates, access to Federal
Reserve economic research and notices of upcoming events.
The Foreclosure Resource Center is part of the Federal Reserve System's
response to the recent increase in mortgage foreclosures nationwide. Each
Federal Reserve Bank has established a similar center and tailors its
resources to meet regional needs.
The Richmond Fed's online center features a foreclosure mitigation
toolkit for communities to help them address the current turmoil in the
housing market and minimize any adverse impact on neighborhoods.
The Foreclosure Resource Center can be found at http://www.richmondfed.org
The Federal Reserve Bank of Richmond is one of 12 District Reserve
Banks that together with the Board of Governors in Washington, D.C., make
up the Federal Reserve System. The Richmond Fed serves the Fifth Federal
Reserve District, which encompasses the District of Columbia, Maryland,
North Carolina, South Carolina, Virginia, and most of West Virginia.
SOURCE Federal Reserve Bank of Richmond
 back to top
Related links:
http://www.richmondfed.org
CONTACT:
Jennie Blizzard of Federal Reserve Bank of
Richmond, +1-804-697-8998, Jennie.Blizzard@rich.frb.org
|
