Chase Brings ''Legacy Of Homeownership'' Tour With Lynnette Khalfani To Chicago July 21

Chase, one of the nation’s leading residential housing lenders, today announced that its Legacy of Homeownership Tour will be at the Chicago Marriott Downtown Magnificent Mile on Saturday, July 21, from 9 a.m. to 3 p.m. The educational seminars are designed to show African Americans how to establish and preserve their legacies through homeownership. Admission is free, but pre-registration is required at www.chase.com/legacy. "At Chase, we want to contribute to the economic growth of the communities we serve, as well as increase opportunities for African Americans to build generational wealth through homeownership,” said Thasunda Duckett, Chase senior vice president. "We are committed to helping consumers establish and preserve their legacies by investing in the American Dream.” Lynnette Khalfani, a bestselling author and financial expert, will speak at the event, which will include informational workshops, one-on-one consultations with mortgage experts, onsite loan pre-approvals and displays of a wide array of local housing properties. Between 1994 and 2004, historically low interest rates and mortgage innovations helped push up the homeownership rate among minorities to 49.1 percent from 42.3 percent, according to the U.S. Census Bureau. Today, homeowners increasingly are looking for financial security and smarter ways to manage and sustain their real estate investments. The tour’s seminars will address both – how to buy a home and how to sustain homeownership. "We are proud to support the Legacy of Homeownership Tour that educates individuals about strategies to build wealth through real estate and investments,” said Craig Nickerson, vice president of Expanding Markets for Freddie Mac, a tour co-sponsor. "Homeownership is a financial asset that could well be a family’s most significant long-term source of wealth.” Workshop topics include: The Basics of Legacy Creation: Real Estate 101, From Taxes to Tuition: Make Your Home A Working Asset, Passing it On: Estate Planning & Property Transfer, and Leave a Lasting Legacy: Protecting Your Financial Future. The tour also features raffles with prizes such as a laptop from Dell -- a tour co-sponsor -- or a one-room makeover of the winner’s home, as well as a book signing by Khalfani. The tour’s final stop will be in New York on October 6, and the venue will be posted on www.chase.com/legacy when finalized. The tour was in Atlanta in May and Houston last month. ABOUT CHASE Chase originates $170 billion in residential mortgages and home equity annually, and services a portfolio of more than $500 billion. The home lending division serves borrowers nationwide through 2,000 local loan officers in 270 mortgage offices and more than 3,000 bank branches, as well as approximately 500 representatives in call centers. In addition, the Chase Business-to-Business channel serves mortgage brokers and bankers in all 50 states through 15 processing centers and more than 700 account executives. Parent company JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.4 trillion and operations in more than 50 countries. Information about Chase’s mortgage products and services is available at www.chase.com. ABOUT FREDDIE MAC Freddie Mac is a stockholder-owned corporation established by Congress in 1970 to support homeownership and rental housing. Freddie Mac purchases single-family and multifamily residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage pass through securities and debt instruments in the capital markets. Over the years, Freddie Mac has made home possible more than 50 million times, ensuring financing for one in six homebuyers and more than four million renters. For additional information about Freddie Mac, visit: www.FreddieMac.com. ABOUT LYNNETTE KHALFANI Lynnette Khalfani, "The Money Coach,” is a personal finance expert and the author of The Money Coach’s Guide to Your First Million (McGraw Hill; Sept 2006), Investing Success: How To Conquer 30 Costly Mistakes & Multiply Your Wealth! and the New York Times bestseller Zero Debt: The Ultimate Guide to Financial Freedom (Advantage World Press). As an award-winning financial news journalist, Khalfani worked for nearly a decade as a Dow Jones Newswires reporter and a Wall Street Journal reporter for CNBC. At CNBC, Khalfani filed weekly television segments on personal finances, investing and small business, and conducted online chat sessions on CNBC.com. For more information about the Legacy of Homeownership Tour, go to www.chase.com/legacy or call 1-800-541-0368.