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November
14
14
Crye-Leike Launches "Save The Dream" Program
Crye-Leike Realty announced Friday that they will launch a new program to help homeowners avoid foreclosure. Crye-Leike's founders, Harold E. Crye and Dick Leike, sent out a company-wide letter urging all brokers and realtors to contact by phone those in danger of losing their homes.
According to the letter, the Mortgage Bankers Association reports that approximately 50% of home owners who do lose their homes to foreclosure have never once contacted their
lender.
The letter states, "Specifically, we are asking each of you to find just one family in your local community who may be facing foreclosure and help them reach out to their lender or a housing counseling agency so that they can begin the process of exploring a loan workout solution and hopefully stay in their homes."
Two sources that homeowners can use when faced with foreclosure are the
Guide to Avoiding Foreclosure (U.D. Department of Housing and Urban Development) and The HOPE NOW Alliance and the Homeowner's HOPE Hotline (1-888-995-HOPE).
According to the letter, the Mortgage Bankers Association reports that approximately 50% of home owners who do lose their homes to foreclosure have never once contacted their
lender.
The letter states, "Specifically, we are asking each of you to find just one family in your local community who may be facing foreclosure and help them reach out to their lender or a housing counseling agency so that they can begin the process of exploring a loan workout solution and hopefully stay in their homes."
Two sources that homeowners can use when faced with foreclosure are the
Guide to Avoiding Foreclosure (U.D. Department of Housing and Urban Development) and The HOPE NOW Alliance and the Homeowner's HOPE Hotline (1-888-995-HOPE).
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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