Small Business Reading Room


Wednesday, August 07, 2013

 

Mortgage Lender Helping Borrowers Stay Home




A mortgage lender has recently teamed up with an employment agency.  Their goal: assist jobless borrowers to obtain employment and avoid foreclosure.  

Fifth Third Bank has teamed up with NextJob  to help delinquent borrowers, who are delinquent due to a job loss, with tools ranging from counseling to refining their resume.  FifthThird Bank is investing about $1,500 per participant to keep  people in their homes, versus a $60,000 investment to foreclose and remove them from their homes.
posted by Joanne at 3:36 PM - permalink 0 comments


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Delaware Intercorp, Inc.
113 Barksdale Professional center
Newark, DE 19711-3258

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