Life-Changing Lending

This email, received earlier today from a family in St. Louis, shows exactly why we do what we do:

From: mxxxxxx_pxxxx [mailto:mxxxxxx_pxxxx@yahoo.com]
Sent: Thursday, October 23, 2014 4:20 PM
To: Victoria Thompson
Subject: RE: NACA

The NACA,

Home Purchase program has changed me and my family’s life after previously being a victim of predatory lending with 11.5% home interest rate and enduring a foreclosure in 2004. The NACA house purchase program allowed us to move from an 850 square foot apartment townhouse paying $550 a month for rent.

The NACA house purchase program taught us how to make and maintain an income spending budget that allowed us to see how to better pay our bills, save money and afford a home mortgage with our current living life style.

We now moved into a beautiful 2500 square foot 2 story house (worth $255000 today) which we paid $215000 for in July 2012 with an interest rate of 2.5% (which we bought down from an interest rate of 3.25% allowing us to be able to afford a higher mortgage amount), this made our monthly mortgage $850, with taxes and insurance added we only pay monthly $1154 per month.

Our new allows us now to be able to entertain over 50+ family members at a time in our home, which before we struggled with just having 10 members of our family over at a time.

And, now we are paying on a home that we can afford through NACA and one day we will outright own it and be able to leave it as an inheritance for our children one day as well.

Also, my mom whose retired on a fixed income as of 10/23/14 is 2 weeks from being NACA mortgage qualified and going out looking for a new home to purchase after enduring a bankruptcy in 2007.

Thank You NACA, YOU ARE TRULY A BLESSING to ME, MY FAMILY and EVERYONE THAT GOES THROUGH YOUR PROGRAMS

Posted in NACA Purchase Program, NACA Technology, Save the Dream, Uncategorized | Leave a comment

MORTGAGE RELIEF FOR STRUGGLING HOMEOWNERS

STRUGGLING SOCAL AREA HOMEOWNERS GET UNPRECEDENTED MORTGAGE SOLUTIONS

Thousands of still-struggling homeowners seek mortgage assistance at NACA’s American Dream Tour event continuing through Tuesday at the Ontario Convention Center.

 

WHO: Homeowners & Home Buyers
WHAT: Mortgage Relief For Homeowners – Mortgage Approvals For Home Buyers.
WHEN: Monday, October 20th through Tuesday, October 21st, 8:00 am – 6:00 pm each day
WHERE: Ontario Convention Center – 2000 E. Convention Center Way. Ontario, CA 91764

(October 20, 2014 – Ontario, CA) – NACA (Neighborhood Assistance Corporation of America), HUD Certified non-profit, will be doing a final American Dream event in Ontario providing Inland Empire area homeowners with an opportunity to meet face-to-face with their lender/servicer to obtain a same day affordable solution.  A NACA American Dream Event which is the nation’s largest and most effective homeownership event, will be at the Ontario Convention Center from Monday, October 20th through Tuesday, October 21st with doors open from 8 a.m. to 6 p.m. each day.  Also, home buyers have the opportunity to obtain America’s Best Mortgage. ALL SERVICES ARE FREE.

NACA’s American Dream Tour event gives homeowners the opportunity to meet face to face with their lender along with a NACA advocate to obtain an affordable solution the same day. Many homeowners have their interest rate reduced to as low as 2% and possibly a principal reduction, saving hundreds and sometimes more than a thousand dollars a month on their mortgage payment. NACA has done over 150 American Dream events, with several previous events in the Ontario area, assisting over a quarter-million homeowners nationwide.

NACA has legally binding contracts with all the major lenders and investors to get this done with counselors and bank representatives on hand to provide face-to-face solutions. “NACA continues to be relentless in advocating for the homeowners” states Bruce Marks NACA CEO. “We do not take no for an answer and encourage the homeowners to continue to advocate. This includes filing complaints with the regulators such as CFPB to have them monitor the decisions of the lenders.”

For more information visit www.naca.com

Posted in NACA Purchase Program, Save the Dream, Uncategorized | Leave a comment

Homeowners line up 2nd Day in a Row for Mortgage Help at NACA American Dream Tour

*****MEDIA ADVISORY*****
FOR IMMEDIATE RELEASE

Press Release – October 18, 2014

CONTACT:

Ricardo Herrera, Director of Communications, Cell: 704-962-1605; rherrera@naca.com
Tim Trumble, Media Coordinator, 888-404-6222 ext 9893; ttrumble@naca.com

 

  STRUGGLING SOCAL AREA HOMEOWNERS GET UNPRECEDENTED MORTGAGE SOLUTIONS

Southern California homeowners line up in even grater numbers waiting for the doors to open at the second day of NACA’s American Dream Tour event at the Ontario Convention Center

WHO: Homeowners & Home Buyers
WHAT: Mortgage Relief For Homeowners – Mortgage Approvals For Home Buyers.
WHEN: Saturday, October 18th through Tuesday, October 21st, 8:00 am – 6:00 pm each day
WHERE: Ontario Convention Center – 2000 E. Convention Center Way. Ontario, CA 91764

(October 18, 2014 – Ontario, CA) – NACA (Neighborhood Assistance Corporation of America), HUD Certified non-profit, will be doing a final American Dream event in Ontario providing Inland Empire area homeowners with an opportunity to meet face-to-face with their lender/servicer to obtain a same day affordable solution.  A NACA American Dream Event which is the nation’s largest and most effective homeownership event, will be at the Ontario Convention Center from Saturday, October 18th through Tuesday, October 21st with doors open from 8 a.m. to 6 p.m. each day.  Also, home buyers have the opportunity to obtain America’s Best Mortgage. ALL SERVICES ARE FREE.

NACA’s American Dream Tour event gives homeowners the opportunity to meet face to face with their lender along with a NACA advocate to obtain an affordable solution the same day. Many homeowners have their interest rate reduced to as low as 2% and possibly a principal reduction, saving hundreds and sometimes more than a thousand dollars a month on their mortgage payment. NACA has done over 150 American Dream events, with several previous events in the Ontario area, assisting over a quarter-million homeowners nationwide.

NACA has legally binding contracts with all the major lenders and investors to get this done with counselors and bank representatives on hand to provide face-to-face solutions. “NACA continues to be relentless in advocating for the homeowners” states Bruce Marks NACA CEO. “We do not take no for an answer and encourage the homeowners to continue to advocate. This includes filing complaints with the regulators such as CFPB to have them monitor the decisions of the lenders.”

Posted in NACA Purchase Program, NACA Technology, Save the Dream, Uncategorized | Leave a comment

HOMEOWNERS ARRIVE EARLY FOR FREE MORTGAGE ASSISTANCE

*****MEDIA ADVISORY*****
FOR IMMEDIATE RELEASE
Press Release – October 17, 2014

 

 

CONTACT:

Ricardo Herrera, Director of Communications, Cell: 704-962-1605; rherrera@naca.com
Tim Trumble, Media Coordinator, 888-404-6222 EXT 9893; ttrumble@naca.com

 

INLAND EMPIRE AREA HOMEOWNERS & HOMEBUYERS GET UNPRECEDENTED MORTGAGE SOLUTIONS

WHO: Homeowners & Home Buyers
WHAT: Mortgage Relief For Homeowners – Mortgage Approvals For Home Buyers.
WHEN: Friday, October 17th through Tuesday, October 21st, 8:00 am – 6:00 pm each day
WHERE: Ontario Convention Center – 2000 E. Convention Center Way. Ontario, CA 91764

(October 17, 2014 – Ontario, CA) – NACA (Neighborhood Assistance Corporation of America), HUD Certified non-profit, will be doing a final American Dream event in Ontario providing Inland Empire area homeowners with an opportunity to meet face-to-face with their lender/servicer to obtain a same day affordable solution.  A NACA American Dream Event which is the nation’s largest and most effective homeownership event, will be at the Ontario Convention Center from Friday, October 17th through Tuesday, October 21st with doors open from 8 a.m. to 6 p.m. each day.  Also, home buyers have the opportunity to obtain America’s Best Mortgage. ALL SERVICES ARE FREE.

NACA’s American Dream Tour event gives homeowners the opportunity to meet face to face with their lender along with a NACA advocate to obtain an affordable solution the same day. Many homeowners have their interest rate reduced to as low as 2% and possibly a principal reduction, saving hundreds and sometimes more than a thousand dollars a month on their mortgage payment. NACA has done over 150 American Dream events, with several previous events in the Ontario area, assisting over a quarter-million homeowners nationwide.

NACA has legally binding contracts with all the major lenders and investors to get this done with counselors and bank representatives on hand to provide face-to-face solutions. “NACA continues to be relentless in advocating for the homeowners” states Bruce Marks NACA CEO. “We do not take no for an answer and encourage the homeowners to continue to advocate. This includes filing complaints with the regulators such as CFPB to have them monitor the decisions of the lenders.”

Because of the mortgage crisis still facing Californians, and the overwhelming demand for NACA’s mortgage program, NACA will conduct one LAST American Dream event to help struggling homeowners in Ontario and the surrounding area. It is crucial that everyone in the area take advantage of this opportunity to meet with their lender for a same-day solution to their unaffordable mortgage. Homeowners with Bank of America loans can potentially benefit from the recently announced $17 Billion mortgage settlement with the Justice Department as well as the other settlements. Since all of NACA’s services are free, homeowners have everything to gain and nothing to lose. 

NACA’s Home Save and Purchase programs have been highlighted on the national and local news as the most effective in providing affordable homeownership. This includes home buyers who can qualify at the event for NACA’s Best in America Mortgage: no down payment, no closing costs, no points or fees, and everyone receives a below market interest rate without consideration of their credit score but based on their individual circumstances. Homeowners and homebuyers can again realize the dream of affordable homeownership. For documents needed and to register, go to www.naca.com or call 281-968-6222. Walk-ins are welcome.

Media Links:
CNN: One man’s fight against Foreclosures
New York Times: The Homebuyer’s Champion

CBS Evening News: $17 Billion Mortgage Settlement

About NACA (www.naca.com):
NACA, Neighborhood Assistance Corporation of America, is one of the largest HUD certified counseling agency with more than two million members. NACA is the largest and most effective organization in modifying mortgages and provides the best mortgage in the country. NACA has been highlighted in the national news and its CEO Bruce Marks was named Bostonian of the Year for 2007 because of his work in getting the major lenders and servicers to modify home loans for borrowers who come through NACA. See Bostonian of the Year. He has also testified before Congress on numerous occasions including September 12, 2000, being one of the only people to sound the alarm of the pending mortgage crisis. For more information go to www.naca.com.

Posted in NACA Purchase Program, NACA Technology, Save the Dream, Uncategorized | Leave a comment

TWO DAYS LEFT FOR A CHANCE AT MORTGAGE RELIEF

*****MEDIA ADVISORY*****
FOR IMMEDIATE RELEASE
Press Release – October 13, 2014

CONTACT:

Ricardo Herrera, Director of Communications, Cell: 704-962-1605; rherrera@naca.com
Tim Trumble, Media Coordinator, 888-404-6222 EXT 9893; ttrumble@naca.com

 

LOS ANGELES AREA HOMEOWNERS & HOMEBUYERS GET UNPRECEDENTED MORTGAGE SOLUTIONS

WHO: Homeowners & Home Buyers
WHAT: Mortgage Relief For Homeowners – Mortgage Approvals For Home Buyers.
WHEN: Monday, October 13th and Tuesday, October 14th, 8:00 am – 6:00 pm each day
WHERE: Westin Bonaventure Hotel – 404 S. Figueroa St., Los Angeles, CA 90071

(October 13, 2014 – Los Angeles, CA) – NACA (Neighborhood Assistance Corporation of America), HUD Certified non-profit, is conducting a final American Dream event in Los Angeles providing LA area homeowners with an opportunity to meet face-to-face with their lender/servicer to obtain a same day affordable solution.  A NACA American Dream Event which is the nation’s largest and most effective homeownership event, will be at the Westin Bonaventure Hotel on Monday, October 13th and Tuesday, October 14th with doors open from 8 a.m. to 6 p.m. each day.  Also, home buyers have the opportunity to obtain America’s Best Mortgage. ALL SERVICES ARE FREE.

NACA’s American Dream Tour event gives homeowners the opportunity to meet face to face with their lender along with a NACA advocate to obtain an affordable solution the same day. Many homeowners have their interest rate reduced to as low as 2% and possibly a principal reduction, saving hundreds and sometimes more than a thousand dollars a month on their mortgage payment. NACA has done over 150 American Dream events, with several previous events in the Los Angeles area, assisting over a quarter-million homeowners nationwide.

NACA has legally binding contracts with all the major lenders and investors to get this done with counselors and bank representatives on hand to provide face-to-face solutions. “NACA continues to be relentless in advocating for the homeowners” states Bruce Marks NACA CEO. “We do not take no for an answer and encourage the homeowners to continue to advocate. This includes filing complaints with the regulators such as CFPB to have them monitor the decisions of the lenders.”
Because of the mortgage crisis still facing Californians, and the overwhelming demand for NACA’s mortgage program, NACA will conduct one LAST American Dream event to help struggling homeowners in Los Angeles and the surrounding area. It is crucial that everyone in the area take advantage of this opportunity to meet with their lender for a same-day solution to their unaffordable mortgage. Homeowners with Bank of America loans can potentially benefit from the recently announced $17 Billion mortgage settlement with the Justice Department as well as the other settlements. Since all of NACA’s services are free, homeowners have everything to gain and nothing to lose.  RealtyTrac notes that there are currently 7,118 properties in Los Angeles alone that are in some stage of foreclosure.

NACA’s Home Save and Purchase programs have been highlighted on the national and local news as the most effective in providing affordable homeownership. This includes home buyers who can qualify at the event for NACA’s Best in America Mortgage: no down payment, no closing costs, no points or fees, and everyone receives a below market interest rate without consideration of their credit score but based on their individual circumstances. Homeowners and homebuyers can again realize the dream of affordable homeownership. For documents needed and to register, go to www.naca.com or call 281-968-6222. Walk-ins are welcome.

Media Links:
CNN: One man’s fight against Foreclosures
New York Times: The Homebuyer’s Champion

CBS Evening News: $17 Billion Mortgage Settlement

About NACA (www.naca.com):
NACA, Neighborhood Assistance Corporation of America, is one of the largest HUD certified counseling agency with more than two million members. NACA is the largest and most effective organization in modifying mortgages and provides the best mortgage in the country. NACA has been highlighted in the national news and its CEO Bruce Marks was named Bostonian of the Year for 2007 because of his work in getting the major lenders and servicers to modify home loans for borrowers who come through NACA. See Bostonian of the Year. He has also testified before Congress on numerous occasions including September 12, 2000, being one of the only people to sound the alarm of the pending mortgage crisis. For more information go to www.naca.com.

Posted in NACA Purchase Program, NACA Technology, Save the Dream, Uncategorized | Leave a comment

Hundreds Get Mortgage Solutions at First Day of NACA Event

*****MEDIA ADVISORY*****
FOR IMMEDIATE RELEASE
Press Release – October 11, 2014

CONTACT:

Ricardo Herrera, Director of Communications, Cell: 704-962-1605; rherrera@naca.com
Tim Trumble, Media Coordinator, Cell: 888-404-6222 ext 9893 ; ttrumble@naca.com

LOS ANGELES AREA HOMEOWNERS & HOMEBUYERS GET UNPRECEDENTED MORTGAGE SOLUTIONS

WHO: Homeowners & Home Buyers
WHAT: Mortgage Relief For Homeowners – Mortgage Approvals For Home Buyers.
WHEN: Continuing Today through Tuesday, October 14th, 8:00 am – 6:00 pm each day
WHERE: Westin Bonaventure Hotel – 404 S. Figueroa St., Los Angeles, CA 90071

(October 11, 2014 – Los Angeles, CA) – Hundreds of Southern California homeowners and home buyers came to the first day of NACA’s American Dream Tour event at the Westin Boanventure Hotel yesterday to hold on to their piece of the American Dream.   NACA (Neighborhood Assistance Corporation of America), HUD Certified non-profit, is conducting its final American Dream event in Los Angeles providing LA area homeowners with an opportunity to meet face-to-face with their lender/servicer to obtain a same day affordable mortgage modification.

 

The NACA American Dream Event, which is the nation’s largest and most effective homeownership event, will continue at the Westin Bonaventure Hotel today through Tuesday, October 14th with doors open from 8 a.m. to 6 p.m. each day.  Also, home buyers have the opportunity to obtain America’s Best Mortgage. ALL SERVICES ARE FREE.

Mr. Ricardo Castro of Los Angeles attended the event yesterday and saved his home with an outstanding solution thanks to NACA. His lender, NationStar, reduced his payment from $3792 per month to only $2186, saving more than $1600 per month. Additionally, they reduced his interest rate to just 2%.  “I’m still in shock”, Castro said. “I didn’t think I could really get this kind of help, but this is for real. Thank you NACA!”

 

NACA’s American Dream Tour event gives homeowners the opportunity to meet face to face with their lender along with a NACA advocate to obtain an affordable solution the same day. Many homeowners have their interest rate reduced to as low as 2% and possibly a principal reduction, saving hundreds and sometimes more than a thousand dollars a month on their mortgage payment. NACA has done over 150 American Dream events, with several previous events in the Los Angeles area, assisting over a quarter-million homeowners nationwide.

NACA has legally binding contracts with all the major lenders and investors to get this done with counselors and bank representatives on hand to provide face-to-face solutions. “NACA continues to be relentless in advocating for the homeowners” states Bruce Marks NACA CEO. “We do not take no for an answer and encourage the homeowners to continue to advocate. This includes filing complaints with the regulators such as CFPB to have them monitor the decisions of the lenders.”
Because of the mortgage crisis still facing Californians, and the overwhelming demand for NACA’s mortgage program, NACA will conduct one LAST American Dream event to help struggling homeowners in Los Angeles and the surrounding area. It is crucial that everyone in the area take advantage of this opportunity to meet with their lender for a same-day solution to their unaffordable mortgage. Homeowners with Bank of America loans can potentially benefit from the recently announced $17 Billion mortgage settlement with the Justice Department as well as the other settlements. Since all of NACA’s services are free, homeowners have everything to gain and nothing to lose.  RealtyTrac notes that there are currently 7,118 properties in Los Angeles alone that are in some stage of foreclosure.

NACA’s Home Save and Purchase programs have been highlighted on the national and local news as the most effective in providing affordable homeownership. This includes home buyers who can qualify at the event for NACA’s Best in America Mortgage: no down payment, no closing costs, no points or fees, and everyone receives a below market interest rate without consideration of their credit score but based on their individual circumstances. Homeowners and homebuyers can again realize the dream of affordable homeownership. For documents needed and to register, go to www.naca.com or call 281-968-6222. Walk-ins are welcome.

Media Links:
CNN: One man’s fight against Foreclosures
New York Times: The Homebuyer’s Champion

CBS Evening News: $17 Billion Mortgage Settlement

About NACA (www.naca.com):
NACA, Neighborhood Assistance Corporation of America, is one of the largest HUD certified counseling agency with more than two million members. NACA is the largest and most effective organization in modifying mortgages and provides the best mortgage in the country. NACA has been highlighted in the national news and its CEO Bruce Marks was named Bostonian of the Year for 2007 because of his work in getting the major lenders and servicers to modify home loans for borrowers who come through NACA. See Bostonian of the Year. He has also testified before Congress on numerous occasions including September 12, 2000, being one of the only people to sound the alarm of the pending mortgage crisis. For more information go to www.naca.com.

Posted in Uncategorized | Leave a comment

NACA Returns to Los Angeles Assisting Homeowners with Same Day Solutions

*****MEDIA ADVISORY*****
FOR IMMEDIATE RELEASE
Press Release – October 9, 2014

CONTACT:

Ricardo Herrera, Director of Communications, Cell: 704-962-1605; rherrera@naca.com
Tim Trumble, Media Coordinator, Phone: 888-404-6222 ext 9893; ttrumble@naca.com

 

LOS ANGELES AREA HOMEOWNERS & HOMEBUYERS GET UNPRECEDENTED MORTGAGE SOLUTIONS

WHO: Homeowners & Home Buyers
WHAT: Mortgage Relief For Homeowners – Mortgage Approvals For Home Buyers.
WHEN: Friday, October 10th through Tuesday, October 14th, 8:00 am – 6:00 pm each day
WHERE: Westin Bonaventure Hotel – 404 S. Figueroa St., Los Angeles, CA 90071

(October 9, 2014 – Los Angeles, CA) – NACA (Neighborhood Assistance Corporation of America), HUD Certified non-profit, will be doing a final American Dream event in Los Angeles providing LA area homeowners with an opportunity to meet face-to-face with their lender/servicer to obtain a same day affordable solution.  A NACA American Dream Event which is the nation’s largest and most effective homeownership event, will be at the Westin Bonaventure Hotel from Friday, October 10th through Tuesday, October 14th with doors open from 8 a.m. to 6 p.m. each day.  Also, home buyers have the opportunity to obtain America’s Best Mortgage. ALL SERVICES ARE FREE.

NACA’s American Dream Tour event gives homeowners the opportunity to meet face to face with their lender along with a NACA advocate to obtain an affordable solution the same day. Many homeowners have their interest rate reduced to as low as 2% and possibly a principal reduction, saving hundreds and sometimes more than a thousand dollars a month on their mortgage payment. NACA has done over 150 American Dream events, with several previous events in the Los Angeles area, assisting over a quarter-million homeowners nationwide.

NACA has legally binding contracts with all the major lenders and investors to get this done with counselors and bank representatives on hand to provide face-to-face solutions. “NACA continues to be relentless in advocating for the homeowners” states Bruce Marks NACA CEO. “We do not take no for an answer and encourage the homeowners to continue to advocate. This includes filing complaints with the regulators such as CFPB to have them monitor the decisions of the lenders.”
Because of the mortgage crisis still facing Californians, and the overwhelming demand for NACA’s mortgage program, NACA will conduct one LAST American Dream event to help struggling homeowners in Los Angeles and the surrounding area. It is crucial that everyone in the area take advantage of this opportunity to meet with their lender for a same-day solution to their unaffordable mortgage. Homeowners with Bank of America loans can potentially benefit from the recently announced $17 Billion mortgage settlement with the Justice Department as well as the other settlements. Since all of NACA’s services are free, homeowners have everything to gain and nothing to lose.  RealtyTrac notes that there are currently 7,118 properties in Los Angeles alone that are in some stage of foreclosure.

NACA’s Home Save and Purchase programs have been highlighted on the national and local news as the most effective in providing affordable homeownership. This includes home buyers who can qualify at the event for NACA’s Best in America Mortgage: no down payment, no closing costs, no points or fees, and everyone receives a below market interest rate without consideration of their credit score but based on their individual circumstances. Homeowners and homebuyers can again realize the dream of affordable homeownership. For documents needed and to register, go to www.naca.com or call 281-968-6222. Walk-ins are welcome.

Media Links:
CNN: One man’s fight against Foreclosures
New York Times: The Homebuyer’s Champion

CBS Evening News: $17 Billion Mortgage Settlement

 

About NACA (www.naca.com):
NACA, Neighborhood Assistance Corporation of America, is one of the largest HUD certified counseling agency with more than two million members. NACA is the largest and most effective organization in modifying mortgages and provides the best mortgage in the country. NACA has been highlighted in the national news and its CEO Bruce Marks was named Bostonian of the Year for 2007 because of his work in getting the major lenders and servicers to modify home loans for borrowers who come through NACA. See Bostonian of the Year. He has also testified before Congress on numerous occasions including September 12, 2000, being one of the only people to sound the alarm of the pending mortgage crisis. For more information go to www.naca.com.

Posted in NACA Purchase Program, NACA Technology, Save the Dream, Uncategorized | Leave a comment

FREE NEW ORLEANS HOMEBUYERS’ WORKSHOP


ATTENTION NEW ORLEANS AREA! Our next FREE Home Buyer’s Workshop will be Saturday, November 8th at the East New Orleans Public Library, 5641 Read Blvd. in New Orleans from 11am to 3pm. To register, call 888-302-6222 or go to www.naca.com

Posted in NACA Purchase Program, NACA Technology, Uncategorized | Leave a comment

NACA Returns to Atlanta Assisting Homeowners with Same Day Solutions

*****MEDIA ADVISORY*****

FOR IMMEDIATE RELEASE
Press Release – September 17, 2014

CONTACT:

Ricardo Herrera, Director of Communications, Cell: 704-962-1605rherrera@naca.com
Tim Trumble, Media Coordinator,  ttrumble@naca.com

GEORGIA HOMEOWNERS & HOMEBUYERS GET UNPRECIDENTED MORTGAGE SOLUTIONS

WHO: Homeowners & Home Buyers
WHAT: Mortgage Relief For Homeowners – Mortgage Approvals For Home Buyers.
WHEN: Friday, September 26th through Tuesday, September 30th, 8:00 am – 6:00 pm each day
WHERE: Americas Mart – Building 3 – 250 Spring St. NW. Atlanta, GA 30303

(September 17, 2014 – Atlanta, GA) – NACA (Neighborhood Assistance Corporation of America), HUD Certified non-profit, will be doing a final American Dream event in Atlanta providing Atlanta area homeowners with an opportunity to meet face-to-face with their lender/servicer to obtain a same day affordable solution.  A NACA American Dream Event which is the nation’s largest and most effective homeownership event, will be at Americas Mart Building 3 from Friday, September 26th through Tuesday, September 30th with doors open from 8 a.m. to 6 p.m. each day.  Also, home buyers have the opportunity to obtain America’s Best Mortgage. ALL SERVICES ARE FREE. 

NACA’s American Dream Tour event gives homeowners the opportunity to meet face to face with their lender along with a NACA advocate to obtain an affordable solution the same day. Many homeowners have their interest rate reduced to as low as 2% and possibly a principal reduction, saving hundreds and sometimes more than a thousand dollars a month on their mortgage payment. NACA has done over 150 American Dream events, with several previous events in the Atlanta area, assisting over a quarter-million homeowners nationwide.

NACA has legally binding contracts with all the major lenders and investors to get this done with counselors and bank representatives on hand to provide face-to-face solutions. “NACA continues to be relentless in advocating for the homeowners” states Bruce Marks NACA CEO. “We do not take no for an answer and encourage the homeowners to continue to advocate. This includes filing complaints with the regulators such as CFPB to have them monitor the decisions of the lenders.”
Because of the mortgage crisis still facing Georgians, and the overwhelming demand for NACA’s mortgage program, NACA will conduct one LAST American Dream event to help struggling homeowners in Atlanta and the surrounding area. It is crucial that everyone in the area take advantage of this opportunity to meet with their lender for a same-day solution to their unaffordable mortgage. Homeowners with Bank of America loans can potentially benefit from the recently announced $17 Billion mortgage settlement with the Justice Department as well as the other settlements. Since all of NACA’s services are free, homeowners have everything to gain and nothing to lose.  RealtyTrac notes that there are currently 3,586 properties in Atlanta alone that are in some stage of foreclosure.

NACA’s Home Save and Purchase programs have been highlighted on the national and local news as the most effective in providing affordable homeownership. This includes home buyers who can qualify at the event for NACA’s Best in America Mortgage: no down payment, no closing costs, no points or fees, and everyone receives a below market interest rate without consideration of their credit score but based on their individual circumstances. Homeowners and homebuyers can again realize the dream of affordable homeownership. For documents needed and to register, go to www.naca.com or call 281-968-6222. Walk-ins are welcome.

Media Links:
CNN: One man’s fight against Foreclosures

New York Times: The Homebuyer’s Champion

CBS Evening News:$17 Billion Mortgage Settlement

About NACA (www.naca.com):
NACA, Neighborhood Assistance Corporation of America, is one of the largest HUD certified counseling agency with more than two million members. NACA is the largest and most effective organization in modifying mortgages and provides the best mortgage in the country. NACA has been highlighted in the national news and its CEO Bruce Marks was named Bostonian of the Year for 2007 because of his work in getting the major lenders and servicers to modify home loans for borrowers who come through NACA. See Bostonian of the Year. He has also testified before Congress on numerous occasions including September 12, 2000, being one of the only people to sound the alarm of the pending mortgage crisis. For more information go to www.naca.com.

 

 

Posted in NACA Purchase Program, NACA Technology, Save the Dream, Uncategorized | Leave a comment

NACA, AEI and BOA Announce New Freedom Loan Program

Bruce Marks, CEO of Neighborhood Assistance Corporation (NACA), Edward Pinto, co-director of the American Enterprise Institute’s International Center on Housing Risk, and Bank of America unveiled a new approach to low-and-moderate income home finance on Monday, the Wealth Building Home Loan (WBHL). 

The announcement came at the American Mortgage Conference in Raleigh, North Carolina.

The WBHL provides low and moderate income borrowers a straight, broad highway to building wealth based on a 15-year, fully amortizing, fixed-rate loan. While the WBHL requires no down payment and has a broad credit box, the monthly payment is much less than a traditional 15-year loan and will result in much lower foreclosure risk than FHA and other 30-year loans made to similarly situated borrowers.

“This will be a game changer for generating wealth by making a 15 year mortgage affordable for working people” says Bruce Marks – NACA CEO.  “The majority of the mortgage payment will now go to the equity in the home effectively providing debt free homeownership”.  Continues Bruce Marks.  “This is in effect a freedom mortgage created through an unprecedented partnership between NACA, one of the country’s largest progressive organization, the American Enterprise Institute, one of the country’s premier conservative organizations, and Bank of America, one of country’s largest financial institutions”.

The WBHL serves the twin goals of providing a broad range of homebuyers, particularly first-time and minority homebuyers, a more reliable and effective means of building wealth than is currently experienced under existing policies while maintaining buying power similar to a 30-year loan. The initial rollout of the WBHL by NACA and the Bank of America will begin over the next sixty days through NACA’s offices nationwide.  Other WBHL roll-outs are expected to follow.

Mr. Marks has been at the forefront of advocacy for homeowners since founding NACA in Boston in 1988.  He has testified before Congress on numerous occasions, including a warning about the coming mortgage crisis as early as September of 2000 and was named “Bostonian of the Year” in 2007.

Mr. Marks has

  • Created the first-ever housing trust fund causing changes to the Taft-Hartley Act.
  • Created the unique “America’s Best Mortgage” program, providing fixed below market rate mortgages to low and middle income borrowers with no down payment and no closing costs.
  • Conducted more than 150 “American Dream” events that have brought about mortgage modifications to more than 250,000 homeowners across the country.
  • Carved out legally binding agreements with all the major lenders to provide mortgage modifications for struggling homeowners.

Media Links:
New York Times: The Homebuyer’s Champion

NACA is the nation’s largest HUD certified counseling agency, founded in 1988, providing roughly 30% of all the housing counseling in the country. Mr. Marks has remained the country’s foremost advocate for home ownership, and was recently referred to by The New York Times as “The Homebuyer’s Champion”.

For more information, please go to www.naca.com.

Posted in NACA Purchase Program, NACA Technology, Save the Dream, Uncategorized | Leave a comment
Follow us on Facebook RSS Feed Follow us on Twitter