May 1, 2009

To Whom It May Concern:

I developed the Haven Process in response to the challenging and ever changing times in which we live.Financial markets are in turmoil and the housing market is under siege. The need for an innovative, simple, and transparent solution to enable home purchases has never been greater. The Haven Processprovides relief for homeowners, builder/developers and lenders.

The Haven Process is an equity building plan that allows homeowners to make a reasonable initial escrow deposit and monthly escrow payments directly into their escrow account while living in the home. The buyer accumulates equity for a predetermined period of time based upon their individual financial status and mortgage lender instructions. The buyer pays any monthly association dues,utilities, and contents insurance during the term. At the end of the term the buyer closes using the entire accumulated escrow account. The developer/builder has either saved a sale that would not have occurred or created a sale where none might have been possible. The developer’s bank, the developer/builder, and buyer all win.

The transparent direct deposit of the buyer’s funds and the simple license agreement are twocornerstones of the Haven Process. These elements separate the Haven Process from the many and well advertised mortgage schemes. Unlike a contract for deed or a rent-to-own program the buyer’s payments are safeguarded by the escrow account and applied directly and totally to their down payment.The Haven Process further safeguards buyers unlike the other alternative purchase programs by eliminating reliance on the owner’s application of rent to the purchase or continuation of mortgage payments during the term of the lease.

This process is not a panacea for all problems and not all buyers will meet the baseline requirements that are mandated by mortgage lenders, but it will provide a viable solution for many. With the parties working together the Haven Process can save at risk homeowners, preserve bank capital, prevent foreclosures, and save taxpayers money.

Sincerely yours,

Al Coker

AND RISING

HAVENPROCESS.COM | 214.443.9300