Rebuilding Together receives $93,000 in donations at REO Expo

Rebuilding Together, a nonprofit that revitalizes communities by repairing homes for elderly and distressed borrowers, took home more than $93,000 in auction proceeds and donations from HousingWire’s REO Expo this week. HousingWire gave the nonprofit $83,605, donating 5% of all Expo registration receipts along with monies collected during the Rebuilding Together silent auction. PowerREO, a unit of American Home Mortgage Servicing Inc., also donated $10,000. “Our goal at REO Expo this year was to focus on the local impact of distressed real estate, because all real estate is by definition local,” said HousingWire CEO and Publisher Paul Jackson. “Rebuilding Together has done phenomenal work revitalizing some of the nation’s hardest hit neighborhoods, providing free home modifications and repairs to homeowners committed to keeping their piece of the American Dream. I’m proud that our attendees and corporate partners all contributed to support such a worthy cause.” To learn more about Rebuilding Together, see HousingWire’s video news report on the charity below.