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The Aspen Mortgage Group selects Mortgage Spirit to provide loan search services

National Mortgage Professional
Jan 28, 2009

FirstView unveils the FirstView Foundation to improve financial literacyMortgagePress.comFirstView, financial literacy, FirstView Foundation, Center for Financial Services Innovation According to the Center for Financial Services Innovation, there are approximately 106 million adult residents of the United States who are either unbanked or underbanked. The exclusion of the unbanked from the mainstream financial service sector has taken a large toll on working families and agencies providing public assistance. As a result, FirstView has created the FirstView Foundation (FVF) in order to provide financial literacy programs to the unbanked in an effort to migrate these populations into the mainstream financial service sector. The Foundation partners with not for profit and community volunteer organizations to provide a variety of educational programs focused on financial matters such as the benefits of direct deposit; how to navigate the banking system, how to save, how to purchase insurance coverage, preparing for a natural disaster, how to build credit and family budgeting. The FVF will also promote awareness regarding unbanked and underbanked populations and advocacy regarding inclusion of unbanked families in the financial mainstream. With the unbanked turning to fringe financial services providers such as payday lenders and check cashers, financial literacy has become even more vital, as 106 million people have been excluded from financial citizenship. The unbanked pay check cashiers over $8 billion a year to cash checks--money that could be used by working families to help achieve financial stability and family self-sufficiency. It's time that all families have the opportunity to achieve financial stability and self-sufficient through access to financial literacy programs and enrollment in mainstream financial products and services. FVF will help provide financial literacy programs and account enrollment assistance that will improve family self-sufficiency. For more information, visit
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