Recently, we talked with one of our interviewees who was not able to make her mortgage payments after she lost her job in 2009. She was fearful that she would lose her home.
Last December, she attended a NACA (Neighborhood Assistance Corporation of America) workshop in Charlotte, N.C. and the nonprofit helped her renegotiate the terms of her mortgage with Chase. This month, she made her first mortgage payment in three years. She anticipates with great relief that she will be able to remain current on her future payments and remain in her home.
We have added NACA to our resources page and are hoping to interview its founder, Bruce Marks, in the near future.
NACA will hold the American Dream convention from Tuesday, Jan. 10 until Sunday, Jan. 15 at the Georgia World Congress Center in Atlanta. If you live in the area and need help renegotiating your mortgage, check out the information on NACA’s site and plan to attend the convention.
NACA will be holding similar events around the country over the coming months, so check the schedule on its home page.