Fifth Third Bank and Nextjob have teamed up to offer unemployed mortgage borrowers free job search tips through "webinars" and face-to-face coaching.
Although banks do help people by lending them loans, that is usually as far as their help goes and acceptably so. Ohio-based Fifth Third Bank has seen the value in taking this service to the next level and offered its customers empowering assistance which improved their purchase value.
“Up to half of mortgage delinquencies are due to job loss. This is specific, one-on-one training that helps people identify their transferable skills and re-gain the financial stability of a new job,” explained Steven Alonso, executive vice president and head of the company’s Consumer Bank.
As the value competition raises, I am hoping to see more of these services added on mortgage packages.