Time to Rethink Your Mortgage Program?

​Filene’s first report of 2024 addresses housing concerns and key factors for credit unions’ long-term involvement in improving the situation. 

Excerpts from Filene: America’s Housing Journey

Credit unions have long demonstrated their support in addressing housing concerns in the communities they serve. Understanding the challenges faced by members at the local level as well as identifying local organizations at the forefront of addressing the chronic housing needs of residents along the housing continuum represent key factors to effective, long-term involvement in improving the housing situation.

A recent report by Filene, America's Housing Journey, explores current trends and how research shows that credit unions can be catalysts for building stronger communities.

The new report includes:

• 5 forces driving America's housing journey and its impact on housing well-being.
• Graphical representation of the Housing Continuum model.
• 7 case studies of credit unions supporting their community's housing concerns.
• Margin and mission implications for credit unions, with strategy guide. 

Also included are solutions and examples of what some credit unions are doing to address housing concerns in their communities. Filene has uncovered some compelling insights that shed light on the housing crisis and what role credit unions can play. 

Reach out to Staci Duros, Research Manager at Filene Research Institute with any questions or for further details about this report.