Authorizes HMFA to make certain reimbursements to support pre-purchase homebuyer counseling under Foreclosure Mediation Assistance Program.

Summary

The bill would let the New Jersey Housing and Mortgage Finance Agency (HMFA) pay trained foreclosure‑prevention counselors for providing pre‑purchase counseling to homebuyers. It creates a dedicated foreclosure counseling fund and allows a small portion for administrative costs. The goal is to expand early‑intervention services that can lower future foreclosures.

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