California-based ""LRES Corporation"":http://www.lres.com has teamed up with Veterans Lender Services to form a new partnership known as ""VLS/LRES"":http://www.vlslres.com.
[IMAGE]As the first nationwide minority and service disabled veteran-owned asset management joint venture, it will provide financial institutions with asset disposition solutions that provide jobs and market defaulted and foreclosed properties as affordable homeownership opportunities to the underserved first-time military, veterans, and minority communities.
VLS/LRES will be reaching out to financial and government institutions in the coming weeks to create solutions that will address challenges for first-time military and veteran homeowners in the current market.
[COLUMN_BREAK]""As a veteran, I understand the financial challenges of service-members and veterans as they try to purchase a home,"" said Son Nguyen, managing partner of VLS/LRES. ""I am happy to see new pro-military incentive programs being implemented by the large lending institutions and look forward to being part of the solution.""
VLS/LRES is committed to employing and subcontracting minorities, service-disabled veteran-owned businesses, and veteran-owned businesses in the real estate community.
Nguyen says he is proud to be of a minority heritage, having become a U.S. citizen and served in the Navy. ""Now it is time for me to give back by creating opportunities for others who have valiantly served us,"" Nguyen said.
VLS/LRES will work in support of the recently signed Vow to Hire a Hero' Act, providing clients with asset management services while creating jobs and homeownership opportunities for what the organization describes as ""a well-deserved but underserved community.""
Roger Beane, CEO of LRES Corporation, says his firm is both excited and proud to be teaming with Veterans Lender Services on this initiative.
""We proudly support our veterans and look forward to improving awareness and opportunity within the real estate community,"" Beane commented.