Homepage / News / Detroit News
E-Mail News Alerts
Get breaking news and daily headlines.
Browse all e-mail newsletters
Related To Story

Forum On Foreclosure Held Thursday

POSTED: 9:39 am EDT March 29, 2007
UPDATED: 6:00 pm EDT March 29, 2007

Since 2005, the number of foreclosure filings in Macomb County nearly tripled, going from 2,755 to 8,192, according to recent statistics.

Due to these staggering figures, leaders from the education, financial and mortgage institutions, government and human service sectors held A Forum on Foreclosure to discuss strategies that will help prevent foreclosures in Macomb County, as well as help in the intervention process for those going through foreclosure.

The forum was held Thursday morning at Macomb Community College's Center Campus

"Home foreclosures have increased dramatically in Macomb County," said William Crouchman, chair, Macomb County Board of Commissioners. "It's important to realize how this disturbing trend affects the homeowner and the entire community. We must explore options that help people handle the consequences of foreclosure."

Housing coordinator at Macomb Michigan State University Extension Anne Lilla said community leaders want to know what to say to people who are in foreclosure.

"While our system is not erfect, information about options is available," Lilla said. "This forum will describe possible ways that people can avoid foreclosure or manage it with the least amount of damage."

Some of the objectives of the forum were to:
  • Enhance education and financial literacy opportunities
  • Address what's causing the high foreclosure rate and seek prevention solutions
  • Develop a unified approach among area service providers to assist Macomb County residents faced with foreclosure

    Links We Like
    Sponsored Content
    If you’re worried about STD’s it’s important that you know the telltale signs. Check out the 8 signs that you may have an STD. More

    If you have aspirations of becoming a millionaire, check out these five habits that may be worth emulating. More

    With the holiday season fast approaching, most of us plan to repeat the new-age tradition of online shopping. Check out the best sites and find that perfect gift for less. More

    Gastrointestinal ailments – whether temporary or chronic – can be unbearable. Learn how to recognize symptoms and treat digestive woes. More

    Don’t be left out. Make the switch to Digital TV.
    Sponsored Links
    Power Search
     
    A local family with special needs had their home rebuilt on national television. Now, see how they could lose their home in a financial nightmare.

    I Am Detroit
    Consumer Info


    Sponsored Content Provided by ARA