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NC Foreclosure Prevention Fund Reaches 25,000 Milestone

On July 5, the NC Foreclosure Prevention Fund achieved the milestone of making 25,000 loans to help NC homeowners struggling with mortgage payments since it was first created in 2010. The Fund, which helps qualified NC homeowners avoid foreclosure when they experience a no-fault job loss or certain other temporary hardships, is administered through the NC Housing Finance Agency using funds from the US Department of the Treasury’s Hardest Hit Fund.