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."
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."
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