Two of the six credit unions that have enrolled in a U.S. Treasury program designed to help homeowners avoid foreclosure say that the program, while promising, will not be the last word on their effort to help members keep their homes.

As of the end of July, there were roughly 40 mortgage servicers participating in the Treasury Department's Home Affordable Modification Program, including six credit unions: the $750 million IBM Southeast Employees' FCU in Boca Raton, Fla.; the $1.9 billion Mission FCU in San Diego; the $111 million Oakland Municipal CU in Oakland, Calif.; the $556 million Purdue Employees FCU in West Lafayette, Ind.; the $1.3 billion Technology CU in San Jose, Calif.; and the $3.2 billion Wescom Central Credit Union in Pasadena, Calif.

HAMP is part of the Obama administration's response to the ongoing economic and mortgage crisis. It commits $75 billion to keep up to three to four million Americans in their homes by preventing avoidable foreclosures.