{"id":13644,"date":"2018-06-18T13:29:01","date_gmt":"2018-06-18T13:29:01","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=13644"},"modified":"2018-06-18T13:29:01","modified_gmt":"2018-06-18T13:29:01","slug":"freddie-to-help-under-served-owners-find-jobs","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/freddie-to-help-under-served-owners-find-jobs\/","title":{"rendered":"Freddie to Help Under served Owners Find Jobs"},"content":{"rendered":"

Freddie to Help Under served Owners Find Jobs<\/h2>\n
\"Freddie<\/a>

Freddie to Help Under served Owners Find Jobs<\/p><\/div>\n

Freddie Mac announced a new partnership with a job-hunting firm called NextJob to provide employment search assistance to current and aspiring homeowners living in high-need or other poverty areas.<\/p>\n

The program will assist homeowners who have Freddie Mac Home Possible mortgages increase their re-employment prospects following a job loss, reduced hours, or other employment challenges that threaten their ability to make their mortgage payments. The program will also\u00a0 provide assistance to aspiring homeowners in their job search aimed at increasing their incomes so that they can qualify for Freddie Mac\u2019s affordable loan offerings. Eligible borrowers will be partnered with NextJob to receive one-on-one coaching, access to \u201cJob Talk\u201d webinars, and NextJob\u2019s proprietary online job search training program.<\/p>\n

\u201cWhile some parts of the country are benefiting from low unemployment rates, many rural areas continue to see limited opportunities and flattening or declining wage growth,\u201d says Mike Dawson, vice president of single-family affordable lending strategies and initiatives at Freddie Mac. \u201cThrough our work with NextJob, and by partnering with leading local organizations on the front lines of this problem, we are capitalizing on the success of our past employment programs to help the next frontier of unmet workforce development needs. This partnership will provide a meaningful opportunity to create and sustain home ownership for families across rural America.\u201d<\/p>\n

In 2015, Freddie Mac had launched a homeowner re-employment pilot program with NextJob. Homeowners who took part in the pilot program \u201cincreased their job search skills by 32 percent and acquired jobs at nearly triple the normal rate of re-employment,\u201d according to Freddie Mac. Borrowers in the program were able to acquire new employment in about four months.<\/p>\n

The program is under Freddie Mac\u2019s Duty to Serve initiative, which is aimed at helping distressed homeowners in under served markets.<\/p>\n

\u201cIt can be difficult to have a direct plan of action to get you from where you are to where you want to be\u2014this partnership will provide our members with that plan and get them to where they want to be faster,\u201d says James Hunter, senior vice president of mortgage lending at HOPE Enterprise Corporation. \u201cIt\u2019s not just about a job. It\u2019s about building a career to sustain home ownership for the long run. This initiative is really groundbreaking in under served markets and we expect it to be very successful.\u201d<\/p>\n

Source: Freddie Mac<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Freddie to Help Under served Owners Find Jobs Freddie Mac announced a new partnership with a job-hunting firm called NextJob to provide employment search assistance to current and aspiring homeowners living in high-need or other poverty areas. The program will assist homeowners who have Freddie Mac Home Possible mortgages increase their re-employment prospects following a … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-13644","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nFreddie to Help Under served Owners Find Jobs - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/freddie-to-help-under-served-owners-find-jobs\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/freddie-to-help-under-served-owners-find-jobs\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/freddie-to-help-under-served-owners-find-jobs\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Freddie to Help Under served Owners Find Jobs\",\"datePublished\":\"2018-06-18T13:29:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/freddie-to-help-under-served-owners-find-jobs\\\/\"},\"wordCount\":424,\"publisher\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/freddie-to-help-under-served-owners-find-jobs\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/06182018.png\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/freddie-to-help-under-served-owners-find-jobs\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/freddie-to-help-under-served-owners-find-jobs\\\/\",\"name\":\"Freddie to Help Under served Owners Find Jobs - 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