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Wrong Scott Fergus?

Scott C. Fergus

Chief Executive Officer and Chief Investment Officer

National Community Capital Association

HQ Phone:  (215) 923-4754

Direct Phone: (312) ***-****direct phone

Email: s***@***.com

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

National Community Capital Association

620 Chestnut Street Suite 572

Philadelphia, Pennsylvania,19106

United States

Company Description

National Community Capital Association (http://www.communitycapital.org) is the leading national network of over 150 community development financial institutions (CDFIs). The network invests in small businesses, quality affordable housing and vital community s...more

Find other employees at this company (1)

Background Information

Employment History

President

KeyBridge Development Group of Waukesha


Vice President-Real Estate Finance

Wisconsin Realtors Association


Chief Investment Officer

Mercy Housing Lakefront


President

Key Bridge Group Inc


Affiliations

Wisconsin State Assembly

Chair, Committees


Wisconsin Housing & Economic Development Authority and Forward Wisconsin Inc.

Board Member


WHEDA

Board Member


Web References(92 Total References)


Sunset Realty | $50M foreclosure prevention plan enrolls 96 people

sunsetfl.com [cached]

Scott Fergus, CEO of National Community Capital, said he too understands the concern about the limited money spent, but said he hopes people will be patient.
The process to get into the modification enabling program is longer than other Hardest Hit plans because homeowners are deeply evaluated for their ability to pay a modified amount and are put on a three-month trial plan. After they are approved, Fergus said their likelihood of success is high. "So the Hardest Hit funds are not going to be advanced into a loan that defaults," Fergus said. Also, National Community Capital is expanding its pool of eligible loans by working with the private firms winning the mortgage auctions. Some companies want to partner with the nonprofit and use it as the vehicle to modify the loan, Fergus said. Although taxpayer dollars are being used to create a working loan for a for-profit firm, the private companies must forgive at least as much mortgage debt as what is put up in Hardest Hit money. "We continue to be really optimistic," Fergus said.


The 2nd Annual Residential Mortgage Notes, Non- & Re-Performing Loans Symposium -> Agenda

www.imn.org [cached]

Scott Fergus
CEO & CIO National Community Capital LLC


Real Estate Information Archive - Burklew Real Estate

www.burklew.com [cached]

"The Florida market, from a bid standpoint, is incredibly competitive," said Scott Fergus, CEO of National Community Capital.
"We are certainly going to be very aggressive, and probably more aggressive, in any future pools offered in Florida." The Florida Housing Finance Corporation, which oversees the Hardest Hit Fund, set aside $50 million last year to modify loans with National Community Capital. Fergus said 31 Florida homeowners have been approved to receive the money with dozens more in the pipeline.


Real Estate Information Archive - Burklew Real Estate

www.burklew.com [cached]

"The Florida market, from a bid standpoint, is incredibly competitive," said Scott Fergus, CEO of National Community Capital.
"We are certainly going to be very aggressive, and probably more aggressive, in any future pools offered in Florida." The Florida Housing Finance Corporation, which oversees the Hardest Hit Fund, set aside $50 million last year to modify loans with National Community Capital. Fergus said 31 Florida homeowners have been approved to receive the money with dozens more in the pipeline. Scott said in a statement.


Condos For Seniors Would Free Up Housing for Younger Families

President Scott Fergus says while suburban planners often oppose high-density, affordable housing for working families, senior housing usually elicits a favorable reaction; in response, C-Cap has plans to build senior condominiums in the Milwaukee, Wisconsin market.


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