By CNote
When the pandemic hit, Christine lost her job and fell more than $33,000 behind on her mortgage payments, facing foreclosure and feeling "extremely overwhelmed." Through the Illinois Housing and Development Authority, she connected with Great Lakes Credit Union (GLCU), a CNote Impact Cash® partner and certified CDFI that's one of only a few credit unions nationwide with a HUD-approved housing counseling program.
Working with a GLCU Foundation counselor, Christine secured approval for multiple assistance programs, bringing her mortgage current and making her bills affordable again. Her case represents one of over 1,000 foreclosure interventions GLCU handled in 2024, helping preserve more than $7.9 million in home value and demonstrating how credit unions serve as critical safety nets during economic crises.
Connect with CNote to learn more.
