VRM Mortgage Services Reinforces Support for Veterans Through Business and Charitable Initiatives

November 8th, 2024 8:00 AM
By: Newsworthy Staff

VRM Mortgage Services reaffirms its commitment to supporting veterans through extensive business initiatives and charitable efforts, highlighting the company's significant impact on the military community since 2006.

VRM Mortgage Services Reinforces Support for Veterans Through Business and Charitable Initiatives

As Veterans Day approaches, VRM Mortgage Services, a leading certified minority-owned mortgage servicing solution provider, has reaffirmed its longstanding dedication to supporting America's veterans. The company's comprehensive business initiatives and charitable endeavors have been making a meaningful impact on the military community since its founding in 2006.

Dr. Cheryl Travis-Johnson, COO of VRM, emphasizes the company's commitment, stating, "Veterans are pillars in communities throughout the United States, and we strive to shine light on them every day through our charitable efforts and business initiatives." This dedication is evident in VRM's extensive network of vendors, which boasts strong representation from veteran-owned and service-disabled veteran-owned small businesses.

VRM's commitment to economic empowerment within the veteran community is particularly noteworthy, with over 30% of its tier-1 spend dedicated to Veteran and Service-Disabled Veteran-Owned businesses. This significant allocation demonstrates the company's concrete efforts to support and empower veteran entrepreneurs in the mortgage industry.

Beyond its business practices, VRM has developed meaningful partnerships with veteran-focused groups through its non-profit organization, PCV|VRM Seeds of Hope. The company has contributed $10,000 to the Veterans Community Project, a nonprofit that provides crucial services to help veterans meet daily challenges and work towards permanent stability. Additionally, since 2019, PCV|VRM Seeds of Hope has collaborated closely with Operation Once in a Lifetime, a non-profit devoted to fulfilling the dreams of U.S. service members, honorably discharged veterans, and their families.

One of the highlights of VRM's charitable efforts is its annual charity golf tournament, which brings together participants from across the country to raise awareness and funds for veteran support organizations. The tournament not only raises substantial funds but also provides a platform for veterans to share their inspiring stories with attendees. In 2024, the event raised $18,500 for Operation Once in a Lifetime, adding to the tens of thousands of dollars donated since 2019. The upcoming 2025 tournament will mark the tenth anniversary of this impactful event.

The significance of VRM's initiatives extends beyond the immediate financial support. By actively involving veterans in their business operations and charitable events, the company is fostering a culture of recognition and respect for military service. This approach not only benefits veterans directly but also raises awareness about the challenges faced by the military community and the importance of supporting them.

As the mortgage industry continues to evolve, VRM's commitment to veterans sets a notable example for corporate social responsibility. The company's efforts demonstrate how businesses can integrate support for veterans into their core operations and community outreach programs. This model could inspire other companies in the financial sector and beyond to develop similar initiatives, potentially leading to a broader positive impact on the veteran community nationwide.

VRM's ongoing dedication to supporting veterans throughout the year, culminating in special recognition on Veterans Day, underscores the importance of continuous, year-round support for those who have served. As the company approaches its twentieth year of operation, its sustained commitment to veterans serves as a testament to the enduring value of military service and the vital role that businesses can play in supporting and empowering veterans in their post-military lives.

Source Statement

This news article relied primarily on a press release disributed by 24-7 Press Release. You can read the source press release here,

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