Financial Literacy Solutions Offers Free Short Sale Video to Educate Consumers

April 7, 2010 - PRLog -- Fort Lauderdale, FL  April 5th, 2010 – Financial Literacy Solutions (FLS), today announced that they are offering the real estate and mortgage industry a complimentary video solution that educates consumers on the benefits and process of a short sale transaction.    The video, chosen from FLS’s proprietary library of over 200 financial education videos, is free for a limited time offered to a wide array of industry partners, including credit counseling agencies, real estate professionals, mortgage lenders and servicers, as well as out-source providers who support the short sale process.  The solution allows the video to be streamed directly to consumers, without the consumer ever leaving the partner’s website.  

The Federal Government, through the “Making Home Affordable” initiative recently introduced a series of incentives, including the “Home Affordable Foreclosure Alternatives” program for mortgage servicers and borrowers who may be able to utilize a short sale or deed-in-lieu to avoid foreclosure.   Garth Graham, President of FLS noted that “a key barrier to achieving a successful short sale is education – and consumers need to understand the benefits and how the process works in order to be successful.  Our video is a very cost effective way to help with that education.”

Graham also commented that video is a popular way of interacting with consumers, noting that “80% of web users regularly watch online video, and the financial service industry can proactively use video to engage and educate the consumer about complex financial processes like a short sale.”  The short sale video, produced and hosted by FLS, can be installed on a partners website within minutes.  “The video is easy to install – as easy as placing a banner ad on a web page – yet it delivers professional quality, educational video about this critical issue.”

Organizations interested in using the video on their websites can choose from 3 different sized players, with unlimited access to the video for 90 days.  FLS launched its video management and distribution solution in August 2009, and it has been accessed on the Internet more than 200,000 times since its inception.  
This educational video opportunity can be accessed through the FLS website at www.flsvideo.com/Short-Sale-Video

About Financial Literacy Solutions, LLC
Florida-based Financial Literacy Solutions, LLC is the leader in providing interactive video solutions to the Financial Services industry.  The company has the largest library of financial literacy videos produced specifically to assist and educate consumers on their financial options.  FLS  offers a turn key, web-based video educational platform that includes a series of more than 200 professionally produced financial literacy videos in both English and Spanish with leading edge delivery technology. The Web-based solution can immediately provide clients a complete video solution, which  streams educational videos on the clients’ Web site specifically addressing the customers’ needs. The use of the FLS solution can increase search engine placement, provide better customer education and engagement and increase pull through and conversion ratios. Solutions are available for companies engaged in the short sale process, foreclosure prevention, mortgage modification, credit counseling, bankruptcy education, debt management and other financial services. For more information on Financial Literacy Solutions visit its Web site at www.flsvideo.com

Contact:
Garth Graham
Media Contact for FLS
954.325.7816
ggraham@flsvideo.com

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About Financial Literacy Solutions, LLC
Florida-based Financial Literacy Solutions, LLC is the leader in providing interactive video solutions to the Financial Services industry. The company has the largest library of financial literacy videos produced specifically to assist and educate consumers on their financial options. FLS offers a turn key, web-based video educational platform that includes a series of more than 200 professionally produced financial literacy videos in both English and Spanish with leading edge delivery technology. The FLS solution can increase search engine placement, provide better customer education and engagement and increase pull through and conversion ratios. Solutions are available for companies engaged in the short sale process, foreclosure prevention, mortgage modification, credit counseling, bankruptcy education, debt management and other financial services. For more information on Financial Literacy Solutions visit its Web site at www.flsvideo.com