From the Memphis Business Journal Online – Crye-Leike to help struggling homeowners

Wednesday,November 19, 2008


MEMPHIS ? Crye-Leike, REALTORS has launched a program called “Save the Dream,” which asks the firm’s brokers and sales associates to reach out and help a distressed homeowner.


“There are now hundreds of thousands of families all across America facing foreclosure because they simply cannot afford their mortgage payments, or they owe far more than their house is currently worth,” wrote Harold E. Crye and Dick Leike in an open letter. “With this stark reality in mind, we are writing you today to initiate as system-wide call to action to the more than 3,500 brokers, managers and sales professionals who are affiliated with us.


“We are asking each of you to help ‘Save the Dream’ of home ownership for just one family facing foreclosure. This ‘Save the Dream’ initiative may require several hours or even a few days of your time, but we are confident the end result will be well worth the effort, both personally and professionally.”


Specifically, Crye and Leike are asking Crye-Leike professionals to find one family in their local community who are facing foreclosure, and help them reach out to their lender or a housing counseling agency so they can begin exploring a loan work-out solution and, hopefully, stay in their homes.