American Street Mortgage Company Presents:1st Annual Streetball Classic Charity Basketball Tournament
Contact:
Christi With an Eye PR (CWAE PR)
Christi Harber Christiwithaneye@aol.com
Rashauna Hull PublicistRashauna@gmail.com
773-826-8605 (o) 773-826-8609 (f)
American Street Mortgage Company Presents Their 1st Annual Streetball Classic Charity Basketball Tournament to Raise Money to Help In Chicago Foreclosure Crisis
Proceeds from Tournament to Benefit Latin United Community Housing Association LUCHA
CHICAGO, IL (July 21, 2008) – The real estate market has changed dramatically in the past 5 years. A record number of families are losing their homes to foreclosure and mortgage companies swept up in the sub prime mortgage crisis have been forced to close their doors. According to RealtyTrac.com, the number of foreclosures in Chicago has increased 1.5 times the national average and second highest among five of the countries largest metropolitan areas.
American Street Mortgage Company aims to help reach out to the families in our community that are facing uncertain times by sponsoring their 1st Annual American StreetBall Classic, hosted by Chicago radio personality Candi Gomez. A portion of the proceeds raised by the charity basketball tournament will be donated to the Latin United Community Housing Association (LUCHA) to help families facing foreclosure. The American StreetBall Classic will be held Saturday, August 2nd at the Moody Bible Institute's Solheim Center. The event is from 10 a.m. to 5 p.m. and is open to the general public.
Daniel Chookaszian, Vice President of Sales for American Street Mortgage Company says the company employees do charity work to help those less fortunate each month and felt it was very important to help with the foreclosure crisis in Chicago.
"We thank God that we are surviving the storm of this market thus far and continue to be a successful company," states Chookaszian. "We see it as our responsibility to help homeowners in our area make it through as well."
LUCHA is a non-for-profit organization that offers free services to people in need of assistance with keeping their home, Eliseo Barbosa, Jr., Director of Neighborhood Reinvestment states.
"We want to help our clients stay in their homes. It means a lot to have a company like American Street Mortgage donating to our organization," Barbosa says. "Things have changed, about three years ago we may have five to ten clients in foreclosure a year. This year alone we have advised at least 100 clients."
A silent auction to help raise additional funds will also be held. The auction will feature an autographed Scottie Pippen NBA basketball, Bulls – Luol Deng pennant, Cubs – Mark DeRosa photograph and Steelers – Rashard Mendenhall NFL Football. Sponsors for the event include: Bank DirectProperty.com, @ Properties (Dean Pissaos & Hasani Steele), Napoleon Harris Foundation, Arzet Heating & Cooling, Hallberg Commercial, Power Distributing LLC, Northwestern Mutual Financial Network, PARK 1, Athena Greek Restaurant, T Rock Enterprises, Precision Remanufacturing, INC, Brakie Realty, INC, ACE Hardware, Weichert Realtors First Chicago, Sussex & Reilly (Jason Merel), Aces Credit Solutions, Design Travel Consultants, Glenview Evangelical Church, NTA, iStreet Holdings, India Bulletin, mybody fitness, ACE Appraisals, Farmers Insurance (Sandra Cavoto), Summit Realty & Management, Bloom Yogo Studio, Grand Armitage Auto Sales, South Loop Auto & Body Shop, Clearwater Mortgage, Sushi X, V.I.P. Fitness and Akira Boutique and Minion Clothing. To RSVP for the event and for additional information on how to participate call 312-376-3760 or visit www.americanstreeetmortgage.com.
About American Street Mortgage Company: American Street Mortgage Company is a full service residential and commercial finance firm. The name 'American Street' was developed in honor of the President's father, Hasan Syed who immigrated to the United States in 1985 with hopes of a better opportunity. Mr. Syed struggled to find employment, however became a shoe salesman for Main Street, now known as Kohl's, for a minimum wage of $3.75. Twenty years later, Mr. Syed has succeeded exponentially through hard work and provided a better life and education for his family. America is the greatest country in the world and has provided so much for so many and Main Street manifested such hope for the beginnings of success for the Syed family, hence the name American Street.
American Street Mortgage Company is an Illinois Residential Mortgage Licensee # MB.6760041 through the Office of Banks and Real Estate, a New Mexico Residential Mortgage Licensee #03489 through the State of New Mexico Regulation and Licensing Department Financial Institutions Division.
About LUCHA Foundation: Latin United Community Housing Association (LUCHA) was founded in 1981 to stabilize the neighborhoods of the Northwest side of Chicago and to fight for the interests of community residents. We help tenants and homeowners by providing decent and affordable housing and housing services. Leaders, volunteers and staff fight to make sure people are not forced out of the neighborhood by high rents and or unattainable housing costs
Christi With an Eye PR (CWAE PR)
Christi Harber Christiwithaneye@aol.com
Rashauna Hull PublicistRashauna@gmail.com
773-826-8605 (o) 773-826-8609 (f)
American Street Mortgage Company Presents Their 1st Annual Streetball Classic Charity Basketball Tournament to Raise Money to Help In Chicago Foreclosure Crisis
Proceeds from Tournament to Benefit Latin United Community Housing Association LUCHA
CHICAGO, IL (July 21, 2008) – The real estate market has changed dramatically in the past 5 years. A record number of families are losing their homes to foreclosure and mortgage companies swept up in the sub prime mortgage crisis have been forced to close their doors. According to RealtyTrac.com, the number of foreclosures in Chicago has increased 1.5 times the national average and second highest among five of the countries largest metropolitan areas.
American Street Mortgage Company aims to help reach out to the families in our community that are facing uncertain times by sponsoring their 1st Annual American StreetBall Classic, hosted by Chicago radio personality Candi Gomez. A portion of the proceeds raised by the charity basketball tournament will be donated to the Latin United Community Housing Association (LUCHA) to help families facing foreclosure. The American StreetBall Classic will be held Saturday, August 2nd at the Moody Bible Institute's Solheim Center. The event is from 10 a.m. to 5 p.m. and is open to the general public.
Daniel Chookaszian, Vice President of Sales for American Street Mortgage Company says the company employees do charity work to help those less fortunate each month and felt it was very important to help with the foreclosure crisis in Chicago.
"We thank God that we are surviving the storm of this market thus far and continue to be a successful company," states Chookaszian. "We see it as our responsibility to help homeowners in our area make it through as well."
LUCHA is a non-for-profit organization that offers free services to people in need of assistance with keeping their home, Eliseo Barbosa, Jr., Director of Neighborhood Reinvestment states.
"We want to help our clients stay in their homes. It means a lot to have a company like American Street Mortgage donating to our organization," Barbosa says. "Things have changed, about three years ago we may have five to ten clients in foreclosure a year. This year alone we have advised at least 100 clients."
A silent auction to help raise additional funds will also be held. The auction will feature an autographed Scottie Pippen NBA basketball, Bulls – Luol Deng pennant, Cubs – Mark DeRosa photograph and Steelers – Rashard Mendenhall NFL Football. Sponsors for the event include: Bank DirectProperty.com, @ Properties (Dean Pissaos & Hasani Steele), Napoleon Harris Foundation, Arzet Heating & Cooling, Hallberg Commercial, Power Distributing LLC, Northwestern Mutual Financial Network, PARK 1, Athena Greek Restaurant, T Rock Enterprises, Precision Remanufacturing, INC, Brakie Realty, INC, ACE Hardware, Weichert Realtors First Chicago, Sussex & Reilly (Jason Merel), Aces Credit Solutions, Design Travel Consultants, Glenview Evangelical Church, NTA, iStreet Holdings, India Bulletin, mybody fitness, ACE Appraisals, Farmers Insurance (Sandra Cavoto), Summit Realty & Management, Bloom Yogo Studio, Grand Armitage Auto Sales, South Loop Auto & Body Shop, Clearwater Mortgage, Sushi X, V.I.P. Fitness and Akira Boutique and Minion Clothing. To RSVP for the event and for additional information on how to participate call 312-376-3760 or visit www.americanstreeetmortgage.com.
About American Street Mortgage Company: American Street Mortgage Company is a full service residential and commercial finance firm. The name 'American Street' was developed in honor of the President's father, Hasan Syed who immigrated to the United States in 1985 with hopes of a better opportunity. Mr. Syed struggled to find employment, however became a shoe salesman for Main Street, now known as Kohl's, for a minimum wage of $3.75. Twenty years later, Mr. Syed has succeeded exponentially through hard work and provided a better life and education for his family. America is the greatest country in the world and has provided so much for so many and Main Street manifested such hope for the beginnings of success for the Syed family, hence the name American Street.
American Street Mortgage Company is an Illinois Residential Mortgage Licensee # MB.6760041 through the Office of Banks and Real Estate, a New Mexico Residential Mortgage Licensee #03489 through the State of New Mexico Regulation and Licensing Department Financial Institutions Division.
About LUCHA Foundation: Latin United Community Housing Association (LUCHA) was founded in 1981 to stabilize the neighborhoods of the Northwest side of Chicago and to fight for the interests of community residents. We help tenants and homeowners by providing decent and affordable housing and housing services. Leaders, volunteers and staff fight to make sure people are not forced out of the neighborhood by high rents and or unattainable housing costs
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