55°  |  Overcast
Current Conditions :    McAllen, TX   

Wells Fargo Bank supports of Home Ownership Counseling and Foreclosure prevention efforts.

Friday, August 20th, 2010


Shown here are (left to right) Robert Calvillo, Executive Director of Affordable Homes of South Texas, Inc. and Jerry Romero, Social Responsibility Group Wells Fargo Bank.

 Texas Border Business

The Wells Fargo Foundation recently provided Affordable Homes of South Texas, Inc. with a $5,000 grant to support its Home Buyer Education efforts.  The grant provided by Wells Fargo will allow AHSTI to continue to provide valuable pre and post purchase Home Buyer Counseling for its clients.

In addition to traditional pre purchase counseling such as budgeting, preparing for homeownership and understanding credit, AHSTI is now providing foreclosure mitigation services at no cost to the community. 

In the last 6 months, AHSTI has provided assistance to over 40 clients and have already secured relief for almost half of those clients with a good number under consideration by the lender via a temporary forbearance from the foreclosure. 

“This support from Wells Fargo will be a great help in supporting our efforts to stabilize our community, our neighborhoods and homeowners in our area.” States Robert Calvillo, Executive Director. For more information on this program contact 687-6263 or visit our website at www.ahsti.org

Reader Comments

Thank you! Your comment will be posted shortly!

Be the first to comment!

Post your views on this story: