FOR IMMEDIATE RELEASE
Press Release – November 12, 2014
(NACA Director of Communications Rick Herrera is presently in Cincinnati and is available for interviews, and tours of the technical setup required for the event are available on Thursday. Please call Mr. Herrera’s number to schedule.)
CINCINNATI AREA HOMEOWNERS & HOMEBUYERS GET UNPRECEDENTED MORTGAGE SOLUTIONS
WHO: Homeowners & Home Buyers
WHAT: Mortgage Relief For Homeowners – Mortgage Approvals For Home Buyers.
WHEN: Friday, November 14th through Tuesday, November 18th, 8:00 am – 6:00 pm each day
WHERE: Duke Energy Convention Center – 252 Elm St., Cincinnati, OH 45202
(November 12, 2014 – Cincinnati, OH ) – NACA (Neighborhood Assistance Corporation of America), the nation’s largest HUD Certified non-profit, will be conducting an American Dream event in Cincinnati, providing Ohio area homeowners facing foreclosure or with unaffordable mortgages 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 Duke Energy Convention Center from Friday, November 14th through Tuesday, November 18th 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 receive 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, assisting over a quarter-million homeowners nationwide. Homeowners from all over the region, including Columbus, Cleveland, Indianapolis and Louisville are expected to attend.
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 Ohioans, and the overwhelming demand for NACA’s mortgage program, NACA will conduct the American Dream event to help struggling homeowners in Cincinnati and the surrounding region. This will be NACA’s one and only event in Cincinnati, so 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 3,928 properties in Cincinnati 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.
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.