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WOW Resources14, January 2008


Newsletter provides education to build, maintain and manage credit

Los Angeles, CA January 14, 2008 – When Deborrah Gilbert, Founder and Executive Director of Moretta Community Development Corporation, wakes up in the morning, chances are, she will be helping yet another family achieve their goal of homeownership. Gilbert overcame events in her own past that resulted in her having to rebuild her credit, while also attaining financial literacy in order to keep herself from becoming an unfavorable statistic.

Gilbert is now a certified instructor in homeownership education and community lending, dedicated to educating others about the various components of homeownership. She combines her business consulting, homeownership education, credit counseling and publishing experience to conduct workshops, speak publicly and even host and produce The Welcome Home Report, a homeownership mentoring and educational television show that airs on Time Warner Cable local access channels throughout Southern California.

The Moretta Community Development Corporation website, provides information and resources to prepare families for homeownership. The site’s newest offering, Credit Resource Café, a free monthly newsletter that teaches readers how to build, repair, maintain and manage their credit, is now available and can be downloaded in PDF format. The publication presents solid credit advice, along with information and explanations in a manner that is upbeat and easily understood. With many homeowners now facing foreclosure in record numbers, the next issue will focus on protecting the American dream of homeownership.

“ I know firsthand how it feels when you think your desire to own a home is hopeless, especially during times like this when everyone is affected by disparities, such as foreclosures, vacated communities, and strained social services. However, I know for a fact that homeownership education works. It all begins with our credit. People have an even greater need to be connected to information to help them navigate through the current times, because it’s true that when people know better, they’ll do better, ” said Gilbert.

In addition to the newsletter, subscribers will also be given the opportunity to connect at various community-based events, such as the Women’s Empowerment Luncheon Series and WoW (Women of Wealth) Empowerment Conference.

Moretta Community Development Corporation is a community-based agency providing homeownership education, counseling and related services to families of modest means, as a way of increasing homeownership and developing communities. In addition to preparing families for homeownership, the agency also equips homeowners with resources and tips in an effort to prevent them from losing their homes. To subscribe to the Credit Resource Cafe newsletter, visit


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