Wednesday, June 24, 2009

Voice of Vietnamese Americans Collaborates with AREAA in "Foreclosure Prevention Fair" on June 27 at NVCC, Annandale, Virginia

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CIVIC ENGAGEMENT AT ITS BEST

Voice of Vietnamese Americans and many other Vietnamese American Organizations in the Metropolitan area such as The Vietnamese Community of Washington DC, Maryland, Virginia, Maryland Vietnamese Mutual Association (MVMA), Ket Doan Association, The Vietnamese Medical Society of Northeast America, Skill Source, ..., are collaborating with the Asian Real Estate Association of America (AREAA) in organizing the "Foreclosure Prevention Fair" for the Asian Americans and the public at large in Northern Virginia, on June 27th, 2009.

With over 30 Asian community partners, Asian Real Estate Association of America (AREAA) DC Metro Chapter hosts its first free foreclosure prevention fair to offer all community members an opportunity to have one-on-one counseling sections with their lenders or non-profit HUD-approved counselors to resolve issues of their home ownership. The event is conducted in English with on site translation availability through Asian volunteers.

What: Free foreclosure fair to offer struggling homeowners one-on-one opportunities with HUD-approved counselors
When: 10 a.m. to 3:30 p.m., Saturday, June 27, 2009
Where: Northern Virginia Community College
Ernst Community Cultural Center
8333 Little River Turnpike,
Annandale, VA 22003-3796

Confirmed speakers:
Congressman Gerald Connolly (D-VA, 11th district)
Sharon Bulova, Chairman of Fairfax County's Board of Supervisors

Participating Lenders/Organizations: Chase/WAMU/EMC, Wells Fargo, Bank of America/Countrywide, Fannie Mae and Freddie Mac

Objective:

 Provide struggling homeowners an opportunity to meet their lenders or non-profit, HUD approved counselors to discuss their mortgage refinancing and loan modification needs
 Contribute to housing market stabilization and economy recovery through AREAA's network of (remove in) lenders, non-profit counseling organizations, and homeownership preservation advocates

Expected attendees: 1,000

Invited Partners (More details in the enclosed marketing strategy document)
 Lenders: Chase, Bank of America/Countrywide, Wells Fargo, Capital One/Chevy Chase Bank, Suntrust
 Non-profit Counseling Partner: Neighbor Works America (NCHEC)
 Legislators: Congressman Gerry Connolly, Congressman Frank Wolf, Fairfax County Supervisors
 Media: Asian and mainstream media will be contacted for partnership and editorial coverage
 Community Organizations: AREAA will partner with local grass root community organizations to outreach and consumers for this event

Event Program/Flow:
1. Consumers are asked to bring full documentation (iW-2, recent pay stubs, bank statements, tax return, monthly expense documentation and signed third-party authorizations (if applicable), and hardship letter) for one on one meeting with their lenders.
2. Consumers without matching lenders at the event can get help from non-profit, HUD approved counselors.
3. A general information session will run at the top of each session for people who don’t have full documentation prepared or do not feel comfortable with discussing individual situations in public.
4. Public speaking opportunities are available immediately before the general info sessions.

Voice of Vietnamese Americans have many volunteers offering time and expertise to help our people in this event. Thank you our volunteers.

Please circulate this news to all who are able to come and use this special service.

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