Thursday, June 19, 2008

Military Family Foreclosure On Fox and Friends


This morning on Fox and Friends, they had a Airman on that was in the middle of losing his home to foreclosure. This seems like a big deal, and it is to the Airman and his wife (who is suffering from cancer) but the reality is that at USA Cares, we are currently working on 52 families in the same boat and maybe worse. I did write to the show and told them that we were here and would like a chance to help this family, haven't gotten a response yet, but will keep trying.


There was a recent Bloomberg Report that said that in major military markets home foreclosure among military families was four times higher than the national average. There is some discussion as to the actual facts supporting that statement, but I do know that there are several factors that do make it much more difficult for the service member to react to an increased mortgage payment.


He or she can't go get a second job all the time. Many commands don't allow their troops to have second jobs at all, and those that do, you have to be prepared for the "employee" not to show up because of a training exercise or deployment preparation and training events. Many businesses can't handle that volatility.


Second jobs for a spouse of a service member is tough if there are small children, we all know the cost of childcare, and finding some that will keep kids late, even more demanding and much more expensive.


In the past two and a half years, USA Cares has saved over 340 homes from foreclosure and many more families from being evicted from rental units. Over 1,100 children remained in their bed due in part because of the involvement of USA Cares and the experienced resource coordinators who put a survival plan in place to take care of a family.


I don't know of any other organization that saves homes like we are for military families, but I do know that I am proud of our teams that work with those who are in crisis.


Roger

1 comment:

Roger said...

Just a follow up note. USA Cares found the family, contacted them and they are now in our process. Will post the outcome.

Roger