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  1. // Foreclosures

    Federation Creates Foreclosure Intervention Toolkit for CUs

    The National Federation of Community Development Credit Unions (Federation) has recently completed a new “Credit Union Foreclosure Intervention Toolkit” to help credit unions combat the foreclosure crisis in their communities. Among other activities, the Federation has also been holding “train-the-trainer” workshops about the toolkit to credit unions and state credit union leagues on the front lines of the foreclosure crisis.

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  2. // Foreclosures

    League’s Foreclosure Prevention Video & Website Wins AFCPE Award

    The “Right At Home” DVD and website from the Michigan Credit Union League (MCUL) & Affiliates recently received the Association for Financial Counseling and Planning Education (AFCPE)’s Outstanding Consumer Information Award. The video and website connects struggling homeowners with the resources to avoid foreclosure. It was produced by CU Village, a web design and multimedia subsidiary of MCUL & Affiliates (www.mcul.org), and made possible in part by funding from a National Credit Union Foundation Innovation Grant.

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  3. // Foreclosures

    Foreclosures hit close to home

    Earlier this week, I was struck by this article from the New York Times:

    Foreclosures Force Ex-Homeowners to Turn to Shelters

    The first night after she surrendered her house to foreclosure, Sheri West endured the darkness in her Hyundai sedan. She parked in her old driveway, with her flower-print dresses and hats piled in boxes on the back seat, and three cherished houseplants on the floor. She used her backyard as a restroom.
    ...
    Growing numbers of Americans who have lost houses to foreclosure are landing in homeless shelters, according to social service groups and a recent report by a coalition of housing advocates.

    Foreclosure is something that I see every day – it is right in front of me…

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