NAREB's Cornerstone

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Introducing NAREB's Real Estate Industry Digital Magazine (E-zine), news, updates, events and resources! For more information visit www.nareb.com

Transcript of NAREB's Cornerstone

  • Welcome to the Premier Issue of THE CORNERSTONE! NAREB proudly presents its Premier Issue of E-Zine,The Cornerstone of Housing in Black America exclusively for real estate & mortgage industry professionals. The Cornerstone will showcase not only information relating to and/or impacting all disciplines in the Real Estate industry, but will highlight REALTIST chapters activity, committee opportunities, initiatives, programs, special projects and their events. We invite you to get engaged and involved! The purpose of the E-Zine is to give readers a glimpse into the rewarding world and life of REALTIST members. It will also provide valuable information, much needed resources and important insights into the arena of housing services. A special thank you to the NAREB Vice Presidents, Donnell Spivey, Ron Cooper and Jeffrey Hicks, Lawrence Batiste (Chairman of the Board), Andrea Cooksey (Vice Chair), the Executive Committee, Board of Directors, Staff, Editor and Contributors for your leadership, dedication, service and commitment to NAREB. This E-Zine is made possible in-part by the following sponsors, Wells Fargo, Bank of America and Chase. Please Read it, Forward it, Share it and Enjoy it! For Inquiries and ideas for submission, please contact us at Cornerstone@gmail.com.Welcome to NAREBs E-Zine The Cornerstone of Housing in Black America.

    Respectfully,

    Julius L. CartwrightNAREB President, Julius L. Cartwright

    Introducing NAREBs All New Real Estate Industry E-ZINE.

    Happy New Year!

  • CORNERSTONETheA NAREB REAL ESTATE E-ZINE COMPLIMENTARY

    NATIONAL ASSOCIATION of REAL ESTATE BROKERS

    CAN ONE MANREALLY MAKE A

    DIFFERENCE CHANGING

    THECOURSE

    OF NAREBTHE CORNERSTONE

    OF HOUSINGIN

    BLACKAMERICA

    N A R E B . C O M

    PROFESSIONALSCONVERGE ON CLEVELAND

    The Committee

    FACTOR

    HEALTH&WELLNESS

    Marketing & Design by M

    2 Magic M

    edia. Copyright 2011. All Rights Reserved.

  • Reporting by Patrick Franklin

    | INSIDE REPORT

    -connect-

    N A R E B . C O M 3THE CORNERSTONE of HOUSING IN BLACK AMERICA

    he National Association of Real Estate Brokers, Inc. (NAREB) recently held its fact-finding investigation State of Housing in Black America forum (SHIBA) in Atlanta Georgia on the prestigeous and historical-predominantly Black campus of Morehouse College inside the Martin Luther King Jr. International Chapel.

    Morehouse College President, Dr. Robert M. Franklin welcomed attendees, panelists, and NAREB President Julius L. Cartwright as he set the stage for the most prevalent list of concerns plaguing every Black homeowner living in the United States today by opening the discussion. Reverend Dr. Otis Moss, Jr., Pastor Emeritus of Olivet Institutional Baptist Church in Cleveland, Ohio, and Trustee of Morehouse College delivered a stirring historical perspective

    that had forum attendees standing on their feet. His presentation focused on the history of home and land ownership in the Black community, and the sometimes ugly, painful price of that ownership we learned in the early 40s and why homeownership continues to be so critical to the health, growth and sustainability of all minority communities throughout the United States.

    Research by Atlanta Regional Housing reveals that 80% of Georgias foreclosure fil-ings are from Metro Atlanta. Metro Atlanta has the 16th highest foreclosure rate in the country based on the findings of RealtyTrac (2010). Compliance Tech, covered current and past mortgage lending trends affecting Blacks and highlighted statistical data that fo-cused on the impacts foreclosures have had on our neighborhoods and communities.

    T

    HOUSING MARKETSEEKS WISDOM IN HIGHER POWERS

    This high-powered community motivated, socially active and spiritually grounded group of panelist discussed, various solu-

    tions to foreclosure, blight and disas-ter response and recovery nationwide throughout Black communities and other communities of color as relates to the crisis and its resulting environmental challenges.

    The SHIBA panel included Paul R. Taylor, Jr., Managing Member, SRP Development; Lindsay Jonker, Executive Director, EnviRe-new, Salvation Army; Dr. Lezli Baskerville, President and CEO National Association

    '

  • for Equal Opportunity in Higher Education (NAFEO); and Lawrence Batiste, Chairman of the Board, NAREB, Cicero Wilson, Vice President and Grants Administrator, SRP Development and Errol George, President, George & George Consultants, LLC., Christo-pher Norman, Executive Director, Atlanta/Fulton County Land Bank Authority and Dr. Moss, offered final thoughts and comments to the topic of the devastating housing crisis that plagues the culture, heritage and the hard-fought right to home ownership.

    Personally, it made me proud to be a Realtist and a proud member of the oldest minority real estate trade associa-tion in the nation. Since 1947, the National Association of Real Estate Brokers and its members (Realtists) continue to fight for fare housing practices in every neighbor-hood across the United States and to pro-

    vide an equal playing field for homeowners of every race, creed and color. There are countless unforseen tragedies that directly and indirectly impact Black communities as it relates to the Black household, its structure and our links to our culture and our way of life. says NAREB President, Julius L. Cartwright. Thats why we are anxious to share our research data, and engage the public in meaniningful and productive dialogue that will add color and purpose to mortgage fall-out in communi-ties of color across the nation. Our ultimate goal is to offer solutions that will empower people to make informed decisions that will preserve and protect the legacy of our neighborhoods and community. Atlanta is the second of five cities that will host the State of Housing in Black America (SHIBA). Other participating cities include: New Orleans, Washington D.C., Cleveland. A final

    report of findings will be presented in Houston at the SHIBA forum to be held there in Novem-ber 2012. For more information, schedule

    and locations vist www.narebshiba.com.

    4 N A R E B . C O M THE CORNERSTONE of HOUSING IN BLACK AMERICA

  • Cincinnati, Ohio. Several prominent mortgage lending and real estate industry executives spoke during the program touting Cartwright and his vi-sion to lead the NAREB Organization to the forefront of the nations mortgage crisis that has disproportionately impacted African-Americans families and other minorities communities across America.

    Oakland, California based real estate prac-titioner, L J Jennings served as master of ceremonies. Joining Mr. Jennings on the program were: Lawrence Batiste, Chairman of the Board, NAREB (Atlanta, GA); Don-nell Spivey, 1st Vice President, NAREB (Elli-cott City, MD); Darrell Isabel, Regional Vice President, Region VIII, NAREB (Cincinnati, OH); Wade Hampton, President, Cleveland Realtists Association (Cleveland, OH); Fred

    leveland, Ohio The Ohio Realists Association (ORA) hosted local, regional and

    national real estate and mortgage industry professionals in Cleveland recently at a re-ception honoring local Clevelander Julius L. Cartwright at the Cleveland Indians Progressive Field prestigious Terrace Club. At the 64th Annual National Convention of the National Association of Real Estate Brokers (NAREB) in New Orleans, Louisiana, Cartwright, who is one of our own, was in-stalled as the organizations 27th National President. So it made perfect sense for us to bring people together to celebrate this his-toric event, said Martin Rutland, president of the Ohio Realtists. Rutland is based in

    C

    Underwood, Director, Diversity and Com-munity Outreach Programs , National As-sociation of Realtors (Washington, D.C.); Don Maxwell, 24 Asset Management Corp. (Atlanta, GA); LaDonna Reed, Business De-velopment Manager-Multicultural and Af-fordable Lending, Chase (Chicago, IL), Cerita Battles, National Diverse Segments Sales Manager, Wells Fargo (Jacksonville, FL); C. Renee Wilson, Business Development Consultant, NAREB (Houston, TX); Rosetta Hayes, former Ohio Real Estate Commis-sioner (Columbus, OH); and other key senior executives from the industries leading real estate and mortgage lending companies. Other VIPs attending were: Emerick Peace, Regional Vice President, Region IV,

    Industry Professionals from Across the U. S. Converge on ClevelandEditorial Excerpts by Gap Communications

    JULIUS L. CARTWRIGHTNAREB President

    VICKY CARTWRIGHT | First Lady of NAREB

    DON MAXWELL24 Asset Management Presideny

    LAWRENCE BATISTEChairman of the Board

    -unite-

    5N A R E B . C O MTHE CORNERSTONE of HOUSING IN BLACK AMERICA Photography by Herb Bias | HBP STUDIO

  • NAREB (Upper Marlboro, MD); former Na-tional Presidents of NAREBs Womens Coun-cil, Lydia Kirkland-Pope and Deborah Kerr (Cleveland, OH); and NAREB Board Member Gerald Dixon (Southfield, MI). During the program, President Cartwright unveiled the major components of his Four Point Strategic Plan: 1.) Organizational, business and personal development,2.) Marketing and outreach, 3.) Communi-ty-focused programs and initiatives and, 4.) Enhancing and growing collaborative partnerships. With the dedicated and com-mitted Realtist membership, Affiliate edu-cational support, supportive leadership and administrative team that have been put in place for the next twenty months, our goals are all within reach, stated Cartwright. De-veloping initiatives and programs for