Page 7 - Helping People Afford Life

CDC Federal Credit Union
ATLANTA
Five years ago, a member bought a home with her then- ancé. She put $10,000 down on the house and made all the mortgage payments herself. However, only his name was on the mortgage documents, and later the couple ended their engagement.
Earlier this year, the former ancé tried to go through the courts to take possession of the house. Under the threat of losing her home, the member turned to her credit union to help build a case for her and her daughter to keep the house. After hours of research by the credit union staff, she was provided with ve years’ worth of statements showing the mortgage was paid solely from her account and that she alone made the initial down payment.
The documentation provided by her credit union directly impacted the outcome of the case. The judge ruled in her favor and speci cally noted how prepared she was. In the end, the member and her young daughter were able to keep their home.