Financial Institutions

Participating Financial Institutions

In order to make a sustainable impact in communities where distressed properties are disproportionately located, local housing providers and developers need access to the problematic, abandoned, low-value properties in the left-behind neighborhoods (those areas where there is a concentration of such properties). NCST establishes relationships with financial institutions, servicers and other entities that manage these properties/assets, and whose participation is vital to successful community efforts, to provide that access.

The following financial institutions currently work or have worked with NCST:

  • Bank of America
  • Chase
  • Citi
  • Fannie Mae
  • Freddie Mac
  • GMAC
  • Minnesota Housing Finance Agency
  • Ocwen
  • US Bank
  • US Bank Home Mortgage
  • Wells Fargo

Please contact NCST if you are a Seller interested in learning more about innovative solutions to stabilizing hard hit neighborhoods through the transfer of distressed properties or notes.

Success Stories

Centreville, Maryland - Hogar Hispano, Inc.

Hogar Hispano, Inc. purchased this Maryland single-family home and transformed it with more than $21,000 in rehabilitation to a family-ready home for a buyer who was at 67% of AMI. The family wanted to have their own place with a yard to call home for their children.