Goal is to demonstrate how to provide mortgage solutions: affordable mortgages and direct assistance to stop foreclosures while pressing Members of Congress, the Administration and lenders to act.
The housing crisis is at the center of America’s economic crisis. Policy proposals and new laws claiming to bring relief to at-risk homeowners are everywhere. Now, The Neighborhood Assistance Corporation of America (“NACA”) the nation’s top homeownership organization is showing how what homeowners demand—affordable mortgages and restructured loans—can be accomplished for thousands of at-risk homeowners over a few days.
“We believe in practical solutions not government bailouts and political posturing,” says NACA CEO Bruce Marks, “At our event we will be obtaining an immediate response from lenders after restructuring loans to what homeowners can afford. NACA has established the national standard by getting lenders/servicers to reduce the interest rate to an affordable payment for thousands of owner-occupant homeowners. We will help people in need— free. We will also challenge Congress, the Administration and Regulators to press the lenders and investors to do the right thing.”
Hundreds of HUD certified counselors will work with homeowners to solve problems that show how the crisis must be addressed. Lenders have agreed to provide approvals within an hour.
WHERE: CAPITOL HILTON HOTEL, 1001 16e Street N.W. Washington D.C.
WHEN: JULY 19 (Saturday) – 23 (Wednesday) from 9:00 a.m. to 9:00 p.m.
- ONE-ON-ONE SESSIONS FROM HUNDREDS OF COUNSELORS
- MORTGAGE RESTRUCTURING SOLUTIONS SAME DAY
- HOMEOWNER ENCOUNTERS WITH MEMBERS OF CONGRESS
For more information and to see videos and other media stories visit NACA.COM.