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NHORA July 14th Luncheon - The Future of REO Industry

Wednesday, July 14, 2010 from 11:30 AM to 1:30 PM (PT)

San Jose, CA

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Dear NHORA Members,

I am pleased to announce that we had another outstanding luncheon in May. The agenda was backed with phenomenal speakers and valuable information. One of the initiatives that NHORA has been working on was presented by Prem Singh, Branch Sales Manager with Wells Fargo Bank announced the deployment of "Believing in a Place call Home" in the Santa Clara County. The initiative includes the collaboration of non profit HUD approved agencies, lender and Freddie Mac. The program allows potential buyers the opportunity to make offers on Freddie Mac properties and receive 4% credit toward the purchase. Our first seminar is scheduled for June 19, 2010 and all buyers must be pre-registered. NHORA members are given the opportunity to register their buyers for this event as space is limited. These are some of the benefit for our NHORA members.

We had special guest appearance from the City San Jose who introduced the Neighborhood Stabilization Program. Sandra Murillo, Housing Policy & Planning Administrator introduced the team that is sphere heading this program that consists of Kevin Zwick and Brandi Hoffman from The Housing Trust of San Jose, Weda Gray and Stephanie Golden with Community Rehab Partners. The NSP program is another opportunity for buyers to obtain affordable and sustainable homeownership. For more information regarding their services and program visit Community Rehab Partners website or if you wish a copy of their presentation from the luncheon please email me.

Our HAFA series came to close with a presentation from Sandra Villalpando, from Wachovia a Wells Fargo Bank company. She shared with us the lenders perspective and how to get your short sales through the system. We will be sponsoring short sale seminar for our practitioners from Wachovia/ Wells Fargo. Another service for our members, please sign up for this exclusive seminar.

Our new series "The Future of Real Estate" will begin on July 14th luncheon and will be launch by a powerhouse of REO Agents that will be sharing regarding the future of Real Estate from a perspective of an REO agent. This luncheon is sure to sell out; therefore we are encouraging everyone to pre-register to reserve your space.

I encourage those who have not yet become a member to do so now. NHORA's vision is to encourage, promote affordable and sustainable homeownership and every month we bring forth this mission to our members.

La hora de NHORA es ahora!

Gema Smith
President

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