HUNDREDS CONVERGE ON PIMCO IN NEWPORT BEACH, THE WORLD’S LARGEST BOND INVESTOR

(Newport Beach, CA) On Wednesday at noon busloads of more than 500 people will converge on the wealthy community of Newport Beach where the Global investment firm 太平洋投资管理公司 位于(840 Newport Center Drive)。 NACA 将在 Pimco 首席执行官 Bill Gross 和 Mohamed A. El-Erian 的办公室,让他们制定国家标准,以阻止止赎并使抵押贷款永久负担得起。这是 NACA 拯救梦想之旅的延续,在洛杉矶取得巨大成功之后,现在将在凤凰城、拉斯维加斯和奥克兰举办活动。 

Pimco’s CEO, known as the “Mortgage King”, is the world’s largest bond investor.  With over $800 billion in assets under management, he sets the standard behind the scenes on how mortgage modifications get done in this country. This is first time investors are going to be held accountable by the homeowners who are affected.  

“Bill Gross through Pimco is the wizard behind the foreclosure crisis,” says Bruce Marks, NACA CEO.  “It seems that the appropriate analogy is Dorothy in the Wizard of Oz” continues Bruce Marks.  “Dorothy was desperate to go home and only after the wizard was exposed was this accomplished.  Today there are millions of homeowners who are in fact desperate to go home.  This can be accomplished on a large scale when Bill Gross, the mortgage wizard, advocates for long-term permanent affordable payments.” 

With the support of Bill Gross and Pimco, millions of homeowners will have the opportunity to have permanent affordable payments.  Thus the leading investor would join all the major servicers, who have legally binding agreements with NACA, to restructure mortgages on the most affordable terms in the country.  This is an opportunity for the investor community to achieve a reasonable return by stopping foreclosures and restructuring mortgages with long-term permanent affordable payments. 

Please contact NACA’s Communications and Public Affairs Director Darren Duarte, 617-947-2632 for details.


在哪里: 840 Newport Center Drive, 纽波特海滩, CA
什么时候:  12:00 p.m.
什么: 数百人聚集在 Pimco 位于纽波特海滩的总部