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March 28 2013

Homeownership Help Offered at Empowerment Expo

Los Angeles – March 23, 2013 – Operation HOPE hosted a very successful Homeownership Empowerment Expo in Carson, CA, led by Los Angeles Market CEO and President of the HOPE Financial Dignity Centers Lance Triggs, Deputy District Director Eric Boyd representing Congresswoman Janice Hahn, and Carson Mayor James Dear. The event held was held in the Juanita Millender-McDonald Community Center, and attendees were offered a free breakfast and seminars on first time home buying and loan modification assistance programs.

An awareness campaign aired on local radio station KJLH brought nearly 600 participants to the event, exceeding the room capacity. Attendees met with representatives from Bank of America, Chase, Wells Fargo, Citi, and Ocwen (formerly GMAC) Banks.

The expo offered a range of information around the life cycle of homeownership including: Home Preservation Panel and Workshop, which provided details about Foreclosure Assistance, Loan Modifications, Short Sales and Deed in Lieu, First time Homebuyer Education and Credit Restoration Assistance. After an in-depth overview, attendees went on to individual counseling sessions, focused on specific areas of homeownership.

Panels made up of tax and legal experts, along with HUD certified counselors, offered helpful tips and points about owning a home. Panelists included:  Eric Clay, Area Vice President, HOPE Financial Literacy Empowerment Centers; Cynthia Smith HOPE Program Coordinator; Marie Chung, CCIM, Broker and Director of Modern Realty; and Faith Bautista President and CEO National Asian American Coalition.

For the last 16 years the Los Angeles HOPE Center has served over 729,000 clients throughout the Los Angeles community and beyond. As a result of such a great turnout, Chase Bank is already investigating the possibility of bringing a HOPE Inside program to one of their local branches.