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Michigan State Foreclosure Task Force What is the Michigan State Foreclosure Task Force? Following meetings in Lansing and Detroit in May 2007 convened by NeighborWorks and Michigan’s CRA Association, several organizations including the Community Economic Development Association of Michigan (CEDAM), Detroit HOPE, Southwest Housing Solutions, and the Michigan Community Action Agency Association (MCAAA) began discussing the potential for organizing a statewide Foreclosure Task Force to address the state’s foreclosure crisis in a coordinated fashion. The three key areas of need identified by attendees at the Detroit meeting were: 1) augmenting and coordinating education and prevention efforts statewide; 2) creating a pool of rescue funds to assist families currently at risk of foreclosure; and 3) addressing the state’s weak laws around predatory lending and mortgage broker regulation and advocating for stronger policy. It was suggested that a formal proposal outlining specific goals, involving many partners and proposing real solutions could create the necessary framework to leverage resources from state and national sources and organize stakeholders to most effectively address these three key areas of need. As of October 2007, the Task Force has met three times and has outlined specific goals around networking, resource development and standardized training for homebuyer counseling. Current activities, action steps, alerts, and resources will be tracked through this website.
Minutes from previous meetings are also available: To get in touch with the Michigan State Foreclosure Task Force, please contact Angie Gaabo at (517) 485-3588.
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