BOSTON – May 15, 2014 – The Community Builders, Inc., developer of 225 Centre, today announced the Neighborhood Assistance Corporation of America (NACA), a non-profit homeownership and advocacy organization, as...
The Disappearing Dream of Homeownership for Working People
(Boston, MA) – NACA and its CEO Bruce Marks were highlighted in The New York Times describing the lack of homeownership opportunities for working people (click here for the NYT...
NACA Receives $1.8m Software Donation from Microsoft at American Dream Event for Homeowners & Homebuyers in Atlanta, Georgia
(Atlanta, GA) – NACA will announce a software donation from Microsoft worth $1.8 million on Thursday September 26th at 2:00 p.m. at Americas Mart, Building 2 during NACA’s 121st American...
NACA ANNOUNCES UNPRECEDENTED VICTORY OVER LOAN MODIFICATION SCAM COMPANY
VICTIMS TO GET ALL THEIR MONEY BACK ( Los Angeles, CA) On Thursday July 11, 2013 at NACA’s Los Angles office (11633 Hawthorne Blvd, Suite 100, Hawthorne, CA), NACA’s Founder...
Richard Cordray Has Not Demonstrated He is Up to the CFPB Job
CFPB Refuses to Help At-Risk Homeowners and is Destroying Homeownership for Working People (Boston, MA) On Tuesday March 12, the U.S. Senate Banking Committee should not confirm Richard Cordray as...
Consumers Need Protection Now
NACA Urges CFPB to Represent Thousands of Homeowners Needing Help (Washington, DC) On Monday February 11th at 11:00 a.m. more than a thousand people including victimized homeowners will converge on...
CFPB’s New Servicing Rules Won’t Help Those Who Need Help Now
(Boston, MA) New Mortgage servicing standards announced by the Consumer Finance Protection Bureau (CFPB) Thursday attempts to correct a problem that may no longer exist by the time the rules...
New Mortgage Settlement Stops Lender Abuse Investigation with Limited Benefits to Victimized Homeowners
(Boston, MA) A newly proposed $8.5 Billion settlement that includes 10 of the largest lenders being initiated by the Office of the Comptroller of the Currency (“OCC”) and the Federal...
New Mortgage Settlement: NACA Optimistic but Concerned Over Details
(Boston, MA) A newly proposed $10 Billion settlement that includes 14 of the largestlenders being initiated by the Office of the Comptroller of the Currency (“OCC”) may be significant, but...
NACA Protests Ocwen’s Outsourcing Underwriting Jobs to India for At-Risk American Homeowners Using Taxpayer Funds
WHAT: NACA and Homeowners attend court hearing on Ocwen’s acquisition of Residential Capital, LLC’s (“ResCap”). WHY: OCWEN the 5th largest servicer uses taxpayer dollars to fund underwriting and servicing jobs...
OBAMA MAKES PITCH FOR RE-ELECTION WHILE HOMEOWNERS STRUGGLE WITH GOVERNMENT MORTGAGES
PRESIDENTIAL RALLY STONE’S THROW AWAY FROM HOUSING CRISIS (Richmond, VA ) A mile away from where the President of the United States makes his case for four more years, hundreds...
Mortgage Settlement: State Attorneys General Get Results but the Administration Falls Short
(Boston, MA) The announced $26 Billion settlement by the country’s five largest banks is significant for the 10% of the mortgages that the State Attorneys General can enforce. The remaining...