To: TECHNOLOGY EDITORS
Contact: Sarabeth Patch, +1-202-683-3111, spatch@qorvis.com, forThe Homeownership Preservation Foundation; or Robert Sullivan of theMortgage Workout Center , +1-954-325-2102,BSullivan@mortgageworkoutcenter.com
Interactive Videos Outline How to Qualify For Obama's 'MakingHome Affordable' Initiative
WASHINGTON, Aug. 17 /PRNewswire-USNewswire/ -- The HomeownershipPreservation Foundation (HPF) today launched a series of newinteractive educational videos to assist homeowners seekinginformation on President Obama's "Making Home Affordable"initiative. The online videos provide information on the variousoptions that are available and will help homeowners determine ifthey might qualify for a loan refinance or modification under MHA.The videos can be viewed at www.995hope.org.
"Consumers need access to as much information as possible toaddress their particular mortgage challenges," stated ColleenHernandez, president and CEO of HPF. "These videos providehomeowners with valuable tools to get started moving their situationforward. Over the last few years, HPF has helped over 2 millionhomeowners. We are excited to add these easy-to-access online videosto reach even more."
The Homeownership Preservation Foundation, which created andoperates the Homeowner's HOPE(TM) Hotline (888-995-HOPE(TM)),produced the videos in partnership with the Mortgage Workout Center(MWC). The Mortgage Workout Center was designed by mortgage industryveterans to use the power of the Internet and the accessibility ofvideo to educate consumers about their mortgage options.
"HPF is the industry leader in providing information andassistance to homeowners and connecting them with free counseling.We are delighted to be working with the organization on thissolution," said Bob Sullivan, CEO of MWC. "The videos can be viewedon any computer, at home or in a public library or community center,24 hours a day. Most importantly, we believe this information willgive more homeowners hope and confidence as they realize that theyhave access to free help."
About the Homeownership Preservation Foundation
Founded in 2004, the Homeownership Preservation Foundation (HPF)is a 501(c)(3) independent national nonprofit dedicated to reducingforeclosures and preserving homeownership for American homeowners.HPF offers two services, a First Contact call center wherehomeowners have their questions answered and are connected to acounselor, and a comprehensive foreclosure prevention counselingservice available for free in English and Spanish to homeowners bycalling 888-995-HOPE(TM) or visiting www.995hope.org. For moreinformation about the Homeownership Preservation Foundation or theHomeowner's HOPE(TM) Hotline, visit www.995hope.org.
About Mortgage Workout Center
Mortgage Workout Center (MWC) provides Internet video learningsolutions targeted to the financial services industry. The MWCflagship product is the "Interactive Video Solution" (IVS) whichallows clients to quickly deploy up to the minute educational videoinformation to its customers through their existing website.Completely branded and customized solutions can be deployed in days,allowing MWC clients the ability to better educate their customersthrough the Internet. For more information, contact Bob Sullivan 954-325-2102 or visit www.mortgageworkoutcenter.com.
SOURCE The Homeownership Preservation Foundation
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