Newport, R.I.-based Embrace Home Loans recently organized and held an auction, in lieu of holding its annual sales meeting, to raise funds for Haiti. Raising more than $20,000, contributions will go towards Partners with Haiti to support Haitian orphanages. Embrace Home Loans is a prominent leader in the mortgage industry and a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae.
“To raise such a large volume of money illustrates how giving and caring our employees are,” said Dennis Hardiman, CEO and founder of Embrace Home Loans. “Not only is the local community very important to us, but we’re also devoted to helping those outside our immediate reach to better the lives of others, especially those affected by such devastation as the people of Haiti have been. As implied by our name, we continuously embrace the global community and strive to improve the quality of life for our neighbors and friends. Through this event, we hope that our contribution will help make a difference.”
Auction items were donated by employees, which included Red Sox/Yankees tickets, Celtics tickets, sport fishing trip in Florida, use of RV for a week, use of vacation house in Florida for a week, use of convertible for a weekend, Taylor Swift concert tickets and more. The company normally holds its annual company sales meeting during this time each year. Given the tragic events that occurred in Haiti, the company decided to forgo its annual meeting and instead use it as an opportunity to raise donations and create awareness about the dire need in Haiti.
CONTACT:
Anna Stanley – Media Contact for Embrace Home Loans – 251-990-3559
About Embrace Home Loans
Founded in 1983, Embrace Home Loans is a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae. Embrace Home Loans has remained a prominent leader in the industry, having helped hundreds of thousands of individuals and their families purchase new homes, lower their monthly payments and consolidate high-interest debt since its inception.
As part of its corporate culture, Embrace Home Loans is profoundly involved in the local community. Over the last several years, the company has set aside 20 percent of its pre-tax income for charitable giving, with special emphasis toward charities benefiting children and women. Several years ago, Embrace Home Loans converted its corporate outing to a community outreach event to help improve the quality of life for the community. The company also matches each employee’s contribution of up to $2,500 a year to a charitable or non-profit cause of their choice, and each year, Embrace Home Loans commits to providing food, household necessities and toys for local families during the holidays. They company also received the Business Excellence Award for community involvement in 2006. For more information, please visit www.embracehomeloans.com.
