Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Michigan league praises state action on foreclosures
LANSING, Mich. (1/24/08)--Michigan Credit Union League President/CEO David Adams praised Michigan’s governor for publishing a document to help consumers avoid foreclosures. Adams wrote a letter to Gov. Jennifer Granholm pledging credit unions’ support, and also expressed a desire to find ways for credit unions and other depository institutions to become more active in programs implemented by state government (Michigan Monitor Jan. 22). Granholm and her administration published a document that explains eight ways to help consumers during the mortgage crisis. “The Michigan Protocol to Assist Homeowners Facing Potential Foreclosure” was issued after the governor and members of her administration met with some of the nation’s leading mortgage servicers “The Granholm administration has worked with urgency to find innovative ways to help homeowners facing possible foreclosure,” Adams said. “Most of the measures laid out in this protocol are a large part of the credit union mission, but we urge credit unions leaders to take a serious look at them to see how they fit into their own practices.”
Other Resources

RSS print
News Now LiveWire
#creditunion affinity card programs make the grade for schools See #NewsNow http://t.co/TThZIvMRTO
10 hours ago
Home-price appreciation softens further in July #NewsNow #Market http://t.co/0MXVy9sby0
11 hours ago
.@ChartwayFCU charitable arm, the We Promise Foundation, has reached the $1M fundraising milestone in a single year for the first time
12 hours ago
.@mncreditunions' Mark Cummins shares CU difference with @KIMTNews3 http://t.co/gkarhZxDRF
13 hours ago
.@LeagueofSECUs' brand campaign reaches 80M consumers #NewsNow #System http://t.co/yKmdYyXN2v
14 hours ago