(Washington Business Journal) — The Metropolitan Washington Council of Governments and the Nonprofit Roundtable of Greater Washington launched on Wednesday the Capital Area Foreclosure Network, a group funded by Fannie Mae and Freddie Mac that will work to prevent foreclosures in the Washington area. The group, comprised of local governments and nonprofits, as well as larger organizations such as NeighborWorks America, plans to conduct marketing and outreach campaigns and support existing nonprofits and coalitions that work with residents at risk of foreclosure.
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