New Online Videos to Assist Homeowners

Interactive Videos Outline How to Qualify For Obama's 'Making Home Affordable'
Initiative

WASHINGTON, Aug. 17 /PRNewswire-USNewswire/ -- The Homeownership Preservation
Foundation (HPF) today launched a series of new interactive educational videos
to assist homeowners seeking information on President Obama's "Making Home
Affordable" initiative. The online videos provide information on the various
options that are available and will help homeowners determine if they might
qualify for a loan refinance or modification under MHA. The videos can be
viewed at www.995hope.org.

"Consumers need access to as much information as possible to address their
particular mortgage challenges," stated Colleen Hernandez, president and CEO
of HPF. "These videos provide homeowners with valuable tools to get started
moving their situation forward. Over the last few years, HPF has helped over 2
million homeowners. We are excited to add these easy-to-access online videos
to reach even more."

The Homeownership Preservation Foundation, which created and operates the
Homeowner's HOPE(TM) Hotline (888-995-HOPE(TM)), produced the videos in
partnership with the Mortgage Workout Center (MWC). The Mortgage Workout
Center was designed by mortgage industry veterans to use the power of the
Internet and the accessibility of video to educate consumers about their
mortgage options.

"HPF is the industry leader in providing information and assistance to
homeowners and connecting them with free counseling. We are delighted to be
working with the organization on this solution," said Bob Sullivan, CEO of
MWC. "The videos can be viewed on any computer, at home or in a public
library or community center, 24 hours a day. Most importantly, we believe this
information will give more homeowners hope and confidence as they realize that
they have access to free help."

About the Homeownership Preservation Foundation
Founded in 2004, the Homeownership Preservation Foundation (HPF) is a
501(c)(3) independent national nonprofit dedicated to reducing foreclosures
and preserving homeownership for American homeowners. HPF offers two
services, a First Contact call center where homeowners have their questions
answered and are connected to a counselor, and a comprehensive foreclosure
prevention counseling service available for free in English and Spanish to
homeowners by calling 888-995-HOPE(TM) or visiting www.995hope.org. For more
information about the Homeownership Preservation Foundation or the Homeowner's
HOPE(TM) Hotline, visit www.995hope.org.

About Mortgage Workout Center
Mortgage Workout Center (MWC) provides Internet video learning solutions
targeted to the financial services industry. The MWC flagship product is the
"Interactive Video Solution" (IVS) which allows clients to quickly deploy up
to the minute educational video information to its customers through their
existing website. Completely branded and customized solutions can be deployed
in days, allowing MWC clients the ability to better educate their customers
through the Internet. For more information, contact Bob Sullivan
954-325-2102 or visit www.mortgageworkoutcenter.com.

SOURCE The Homeownership Preservation Foundation

Sarabeth Patch, +1-202-683-3111, spatch@qorvis.com, for The Homeownership
Preservation Foundation; or Robert Sullivan of the Mortgage Workout Center ,
+1-954-325-2102, BSullivan@mortgageworkoutcenter.com