Springboard Approved as Regional Intermediary Agency

NewImage.jpgSpringboard Nonprofit Consumer Credit Management has been approved by the U.S. Department of Housing and Urban Development (HUD) as a regional intermediary agency, allowing it to serve a distinct regional area with branches or affiliates in eight or fewer states.

As a regional intermediary agency, Springboard provides training, technical assistance, oversight and pass through funding to regional affiliates or branches. Springboard is recognized as one of the largest nonprofit HUD-approved housing counseling agencies on the West Coast with offices in California, Nevada, Arizona, Texas and New Mexico.

“We’re very pleased to receive this important distinction,” said Todd Emerson, Springboard’s president and chief executive officer. “This is a significant achievement for our agency and the communities we serve. Springboard has a highly trained staff that is dedicated to providing comprehensive housing counseling, quality financial education and expert assistance to individuals and families in need,” said Emerson.

Springboard’s core services include financial education; credit and debt counseling; debt management plans; bankruptcy counseling and housing counseling, including foreclosure prevention and reverse mortgage counseling. In 2009, more than 200,000 individuals nationwide contacted Springboard for counseling in credit and debt, bankruptcy, foreclosure and reverse mortgage.

The agency started offering free reverse mortgage counseling in June.

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