NACA Returning to South Florida

NACA, loan modifications: Update on South Florida event

Darren Duarte of the Neighborhood Assistance Corp. of America says the Save the Dream Tour will be returning to South Florida, but the group has not found a venue yet.

He said NACA, which negotiates loan modifications on the spot in massive, round-the-clock events, hopes to be in our neighborhood in August or September.

Originally, NACA had said it would be here Aug. 13 through 17.

To recap:

Almost 40,000 homeowners signed up for or submitted applications for loan mods at the two South Florida NACA events earlier this year. People lined the blocks and camped out in West Palm Beach in March, and the other in Miami in April.

NACA loans sometimes have more generous terms for borrowers than loan modifications that are possible through the Obama administration’s Making Home Affordable program.

Keep an eye on www.naca.com for more information.




http://blogs.trb.com/business/columnists/brackey/blog/2010/06/naca_loan_modifications_update.html


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