National Community Capital Association

A National Model The implementation of ReStart serves as a national model for revitalizing distressed communities and jumpstarting housing markets all across the United States. This unique, socially-motivated initiative will reduce principal balances for families in need The program is designed to be self-sustaining due to its ability to cover upfront costs and repay investors through the future sale of reperforming mortgage loans. Homeowners who begin to make reoccurring, on-time payments on their restructured mortgages will provide evidence for the effectiveness of early foreclosure interventions. This strategy can help families before they are foreclosed out of their homes and their properties become vacant and abandoned. It also will demonstrate the value of tying financial education to principal reduction as a means of strengthening the capabilities of families to remain homeowners. About NCC National Community Capital works to reduce foreclosures and stabilize neighborhoods across the country. NCC achieves this goal by purchasing pools of distressed mortgages in strategic locations, aiming to reduce the outstanding principal balance to an affordable level. NCC's strategies can offer qualifying homeowners greater options in achieving stable housing opportunities.