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The Minnesota Homeownership Center <br />• Two facets of our work: <br />tisaources for <br />F~nsbuyers <br />• 3flnonprofltpartner~ <br />deliver servlcee <br />• Pre-purchase cgmselinp <br />• Credk crounaepnq <br />• "Homestretch" curriculum <br />Sustaining Home <br />Ownership <br />23 nonprofit partners <br />• Advocathtglenders an beheH <br />of horrreotirners <br />• Loan modificatlon and <br />reflnandng counseling <br />• Individualized foreclosure <br />prevention twutuceang <br /> <br />~" <br />• • • • <br />^ ~~ <br />• 702 Forecbsures n 2009 <br />• .Counseling Services: 357 Households <br />• Foreclosures Prevented: 49% (170) <br />• Foreclosure Not Prevented 48% (168) <br />• Outcome unknown: 3% (9) <br />Sherburne County Foreclosures <br />', ^ 2010 (Q1 & Q2} <br />• 465 Foreclosures through Q2 2010 <br />ff trend continues -32.5% Increase <br />• Counseling Services Q2: 180 HH <br />• If trend continues - 0.8% Increase <br /> <br /> <br />2 <br />