Free Counseling To Avoid Foreclosure

The Fort Worth Star-Telegram reports:

• "Consumers struggling with subprime mortgages will be the target of public-service ads this summer offering free counseling to avoid foreclosure. The radio and TV spots by NeighborWorks America, in partnership with the Homeownership Preservation Foundation, warns people facing foreclosure against inaction and supplies a toll-free number, 888-995-HOPE, said Marietta Rodriguez, national director of NeighborWorks' homeownership programs. The campaign, which starts June 25 using donated airtime, will run for three years in English and Spanish."

For more, see Ads to tell borrowers about option plans.