NACA SAYS NO TO BAILOUT (Washington, DC) As Congress debates approving Treasury Secretary Henry Paulson’s plan to rescue the economy, one key sector of the public has not been heard...
Stop the Bailout: It’s the Foreclosures – Stupid!
(Boston, MA): NACA, the largest homeownership organization in the country, is organizing against this massive taxpayer bailout of the predators that created this financial crisis. Thousands of people throughout the...
Fannie & Freddie Must Act to Make Existing Mortgages Affordable
(Boston, MA) As American taxpayers officially takeover the nation’s two mortgage giants, Fannie Mae and Freddie Mac, the Neighborhood Assistance Corporation of America (“NACA”), says the government has the opportunity,...
NACA Identifies Continued Predatory Lending by GSE’s
(Washington, D.C.) NACA is holding a press conference at the National Press Club on Tuesday July 29th at 12:00 PM in the Murrow room to expose the Government Sponsored Entities...
THOUSANDS OF HOMEOWNERS WITH UNAFFORDABLE MORTGAGES WILL HAVE THEIR INTEREST RATE PERMANENTLY REDUCED
Homeowners to Invade Capital to Protest Growing Foreclosure Crisis (WASHINGTON, DC) On July 9th at 10:30 a.m. at the Capital Hilton Hotel, the Neighborhood Assistance Corporation of America (“NACA”) will...
THOUSANDS OF HOMEOWNERS SIGN UP FOR NACA’S “SAVE THE DREAM OF HOMEOWNERSHIP” EVENT AT THE CAPITAL HILTON IN WASHINGTON, DC JULY 19-23
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...
Homeowners Demonstrate Against Taxpayer Bailout of Wall Street While the Government Abandons At-Risk Homeowners
(New York, NY) On Wednesday, March 26th at 12:00 noon in front of JPMorgan/Chase and Bear Stearns corporate offices at 47th and Par, hundreds of homeowners will take to the...
CITIGROUP Joins NACA’s Home Save Program – National Model Providing Long-Term Solutions for At-Risk Homeowners
(Boston, MA) The Neighborhood Assistance Corporation of America’s (NACA’s) national model of restructuring or re-underwriting loans to keep people in their homes has received a major boost. Citigroup, the world’s...
NACA Identifies Continued Predatory Lending by Fannie Mae
(Washington, D.C.) NACA is holding a press conference at the National Press Club on Tuesday July 29th at 10:00 a.m. to expose Fannie Mae’s continued activities in predatory lending practices including...
NACA & Homeowners Protest Bailout of Bear Stearns
(Boston, MA) It is unconscionable that while the Federal Reserve and the Bush administration commit billions of taxpayer dollars to the very institutions who created and profited from the mortgage...
Tens of Thousands of Homeowners Flock to NACA’s Columbia S.C. Save the Dream Event to Restructure their Mortgages
(Columbia, SC) Starting on Friday, March 13th at 9:00 a.m. through Monday, March 16th, the Carolina Coliseum (701 Assembly Street) in Columbia, South Carolina will turn into a mobile servicing...
Boston Globe Names Bruce Marks, NACA CEO, Bostonian of the Year
(Boston, MA) The Boston Globe has chosen Bruce Marks, founder and CEO of the Neighborhood Assistance Corporation of America (NACA), as its 2007 Bostonian of the Year. This is an...