CARROLLTON, Texas, Dec. 27, 2011 (GLOBE NEWSWIRE) -- PCV│VRM Seeds of Hope, the non-profit arm of Carrollton,TX based Vendor Resource Management, is partnering with Operation FINALLY HOME (www.babasupport.org) on a home giveaway project in South Dallas. The project will involve the construction of multiple homes that will be presented to wounded military veterans. The project will be announced on December 30th during halftime of the Bell Helicopter Armed Forces Bowl that will be played at SMU's Gerald Ford stadium.
The founder, owner and CEO of Vendor Resource Management and PCV Murcor, Keith D. Murray, has been intentional about helping revitalize distressed communities across the country. He established PCV│VRM Seeds of Hope in 2009 to advance philanthropic efforts such as this. Mr. Murray said, "From the very beginning this is the type of project I envisioned for PCV|VRM Seeds of Hope. In addition to providing mortgage free homes to men and women of the US Armed Forces, we will be participants in a revitalization effort that will breathe new life into a distressed community."
The entire list of partners participating in the home giveaway initiative includes PCV|VRM Seeds of Hope, Operation FINALLY HOME, the St. Philip's School and Community Center, Forest Heights Neighborhood Development Corporation and HomeAid. Operation FINALLY HOME was created by Bay Area Builders Association to provide custom made, mortgage free homes to wounded military veterans. "Operation FINALLY HOME is honored and privileged to be teaming up with PCV|VRM Seeds of Hope, the St. Philip's School and Community Center, Forest Heights Neighborhood Development Corporation and HomeAid to not only change the lives of America's war wounded, but also the lives in the community we will help revitalize! This will be a true 21st century barn raising and we would love all of Dallas, Texas involved in this life changing event for the community and America's War Wounded!" stated BABA founder and president Dan Wallrath.
The St. Philip's School and Community Center has been a catalyst for change in the South Dallas-Fair Park area for over 20 years and donated the lots to make this project possible. St. Philip's Headmaster, Dr. Terry Flowers said, "This project is an injection! It boosts the confidence of our troops with a firsthand demonstration of our country's respect and appreciation for their service and sacrifice. It also serves as an inoculation of development for a neighborhood which was in danger of going viral with neglect, deterioration and nihilism."
PCV│VRM Seeds of Hope has contributed to previous BABA builds, but this will be the first multiple build project since the partnership was formed in early 2010. The significance of this initiative is enormous. Not only will military men and women be given brand new, mortgage free homes, but a distressed community will receive a tremendous boost that hopefully paves the way for future residential and commercial development. Additionally, the services that will be available to veterans through the St. Philip's School and Community Center will ease their transition into home ownership. At the same time, families that will take up residence in the neighborhood bring with them an understanding of service that will benefit the outreach efforts of St. Philip's. This makes for a win-win situation for both parties.
Parties interested in becoming a partner in this initiative can contact PCV Murcor/VRM Senior Director of Marketing, Althea Satterfield White at 972-232-6335 ASatterfieldWhite@vrmco.com.
About Vendor Resource Management
Vendor Resource Management (VRM) is the fastest growing REO Asset Management and Loss Mitigation Company specializing in reducing marketing time while maximizing loan recovery. Founded by Keith D. Murray in 2005, VRM is based in Carrollton, Texas and currently employs more than 360 employees. In September 2011, VRM introduced its Commercial Services division aimed at providing asset management, due diligence and property management to the commercial real estate sector. Touted as an industry leader, VRM assists in the management of over 11,000 REO assets per month. In 2011 VRM was the recipient of four Pinnacle Awards including Best Overall Outsourcer. Backed by PCVMurcor, a respected provider of collateral valuations, property appraisals and broker price opinions since 1981, VRM provides expert management and offers corporate sellers full service REO processing. By being committed to delivering vision, experience, "Best in Class" customer service and proven performance, Vendor Resource Management is changing the face of the REO industry.
About PCV Murcor
PCV Murcor provides expert Residential and Commercial valuation products and consulting services and has been practicing "appraiser independence" since its inception in 1981. The company was founded by Keith D. Murray, a licensed appraiser, and is still owned and operated by Mr. Murray who holds the Appraisal Institutes® MAI designation. For almost 30 years the company has provided expert nationwide valuation analysis for bulk and flow transactions to a multitude of clients including financial institutions, government agencies, asset managers and life insurance companies. PCV Murcor's collateral valuation options include BPOs, Desk Reviews and a full range of Appraisal products. PCV is proud to be certified as a minority owned and managed company by the National Minority Supplier Development Council.
Contact: Althea Satterfield White, Senior Director, Marketing
Direct: 972-232-6335
Mobile: 972-408-7055
asatterfieldwhite@vrmco.com
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