Debra Still |
WASHINGTON, DC – Today, Debra Still, CMB, Chairman of
the Mortgage Bankers Association’s (MBA) Opens Doors Foundation, released the
following statement announcing Opens Doors raised more than $100,000 at MBA’s
100th Annual Convention:
“It is a tribute to the generosity of the real estate
finance community that we raised over $115,000 in just three days. That not only met, but surpassed our
fundraising goal for MBA’s 100th Annual Convention.
“ I am also proud to report that every cent contributed will
go directly to providing mortgage assistance grants to families that are at
risk of losing their home due to medical expenses incurred while caring for an
ailing child.
“For most people, the fear of losing a home is second only
to the sense of panic that comes with the need to care for a seriously ill
child.
"Our goal at MBA Opens Doors is
to end the specter of foreclosure for families who unfortunately – and through
no fault of their own – now face the deep financial uncertainty so often involved
with attending to a loved one who is too young to help themselves.
“I thank everyone who donated, and I encourage the entire
real estate finance industry to go to www.mbaopensdoors.org and give to the
Opens Doors Foundation so we can act to protect the one thing every family
should have: a home.
MBA is pleased to offer yet another way lenders can
demonstrate their commitment to sustainable housing through charitable giving.”
The MBA Opens Doors Foundation was launched in October 2011,
with an initial start-up contribution of $50,000 from the Mortgage Bankers
Association and with MBA covering all administrative costs of the
Foundation.
The Foundation assists families with critically ill or
injured children by providing mortgage assistance grants to help them keep
their homes in the face of significant medical expenses.
Having begun by serving families in the
Washington, D.C. area, MBA Opens Doors has established a sound operational
framework that will enable the Foundation to expand across the United
States.
For a complete copy of the company’s news release, please
contact:
Shawn Ryan
sryan@mba.org
(202) 557-2727
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