Kuipers works with credit unions to help residents avoid foreclosure

July 24, 2009
by Michigan RealEstateRama

Category: News || Foreclosures | No Comments

LANSING., MI - July 24, 2009 - (RealEstateRama) — State Sen. Wayne Kuipers announced today that he is working with credit unions to provide residents with information on how to avoid foreclosure.

The Michigan Credit Union League partnered with the United Way and the Michigan State University Extension (MSUE) to produce the “Right at Home” DVD and Web site.  These options give individuals access to a wealth of information regarding the steps it takes when financial pressures threaten homeownership.  Kuipers is providing this free resource to the constituents of the 30th District.

“Many Michigan homeowners are struggling to stay afloat with their mortgage,” said Kuipers, R-Holland. “I applaud the Michigan Credit Union League, United Way and MSU Extension for teaming up to assist at-risk homeowners.  I urge anyone who is facing foreclosure to use these free tools.  The important answers and valuable resources on the DVD and Web site may be just what you need to avoid losing your home.”

Homeowners can pick up a copy of the DVD at local credit unions or by calling Sen. Kuipers toll free at 1-877-KUIPERS.  In addition, the full video and other information may be obtained by going to www.RightAtHomeAnswers.org.

The DVD includes information about finding a right mortgage, budgeting for any situation and rebuilding credit after a foreclosure.

Kuipers said 8,000 copies of the video will be distributed through credit unions, MSUE’s county offices, United Way offices and by state lawmakers.  It features interviews with financial experts from The Mortgage Center, Member First Mortgage, GreenPath, United Way, MSUE and two credit unions.  Three homeowners also share how personal housing counseling helped them to avoid foreclosure.

The Web site features more detailed money management information and connects homeowners with a variety of programs and offer concrete assistance, free advice and mortgage relief, including the U. S. Department of Housing and Urban Development, the Michigan State Housing Developing Authority and many others.

The video and Web site, produced by CU Village, a web design and multimedia subsidiary of the MCUL, was made possible in part by funding from the National Credit Union Foundation Innovation Grant.



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