This past February, Julia Gordon from the Center for American Progress was called to testify as an expert witness before the House Financial Services Committee’s Housing and Insurance Subcommittee. There were many positive things said about counseling, most notably this quote from Julia:

It remains a mystery to me why the entire mortgage industry is not focused like a laser on trying to get housing counseling to every person who’s going to buy a house. This is an incredibly complex transaction that is more money than most consumers will ever spend on anything else in their lifetime and we expect them to just go out in the marketplace to do this for themselves.  That just doesn’t make sense when for really, just a very small amount of money, we could significantly increase the success rates of mortgages and do a better job of working with servicers when mortgages get into trouble for some reason, due to a life event.