DALLAS, Sept. 18, 2015 /PRNewswire/ -- Last night, the Five Star Institute facilitated the presentation of mortgage free homes to military veterans through Operation Homefront. The presentation of these homes was part of the Military Heroes Keys for Life Event, which took place during the 12th annual Five Star Conference & Expo—the largest event in mortgage servicing.
"This home presentation to veterans program is part of our ongoing mission to raise awareness of the needs of our veterans to obtain housing," said Five Star Institute President and CEO Ed Delgado. "The mortgage industry came out in full support of this mission as gauged by the attendance at the Military Heroes Keys for Live Event, and the ongoing contribution of many of our Five Star supporters."
Operation Homefront leads more than 2,500 volunteers with nationwide presence who provide emergency and other financial assistance to the families of service members and wounded warriors. In support of this initiative, Auction.com, host sponsor of Military Heroes Keys for Life, presented a donation check in the amount of $50,000 to Operation Homefront. This brings Auction.com's donation to $100,000, following a donation at the Five Star Government Forum in March.
"We welcomed the opportunity to sponsor this home donation program for the members of our military along with the Five Star Institute and in conjunction with Operation Homefront," said Auction.com CEO Tim Morse. "Events like the Five Star Conference and the Military Heroes Keys for Life are crucial not only to our industry, but in facilitating the American dream of homeownership. There is no one more deserving of help than our military heroes and their families."
About The Five Star Institute
The Five Star Institute, based in Dallas, Texas, is a publishing, communications, and event production company focused on serving the mortgage banking industry. Each year, Five Star hosts the largest housing industry event in the United States—the annual Five Star Conference and Expo. Among its many publications are DS News, the only professional journal in the country dedicated solely to default servicing, and MReport, a B2B trade publication serving the broader mortgage field.
Founded in 2007 and headquartered in Irvine, California, Auction.com is the nation's leading online real estate marketplace, having sold more than $32 billion in residential and commercial assets. Attracting buyers from more than 100 countries worldwide, the company serves a wide variety of real estate customers – from major financial institutions and institutional investors to individual consumers and real estate professionals. For more information, visit www.auction.com.
About Operation Homefront
A national nonprofit headquartered in Lawton, Oklahoma, Operation Homefront leads more than 2,500 volunteers with nationwide presence who provide emergency and other financial assistance to the families of service members and wounded warriors. Operation Homefront has provided assistance to thousands of military families since its inception in 2002. Nationally recognized for superior performance by leading independent charity watchdog groups, 93 percent of total donations to Operation Homefront go directly to programs that provide support to our military families.
SOURCE Auction.com, LLC