In mid August there was an interesting article in U.S. News and World Report. It reported on a study done in Philadelphia on 250 families facing foreclosure. The study suggested that foreclosure was having a severe impact on the health of the people facing it. Findings of the Study 250 families were studied. The major [...]
You would think that when a person facing foreclosure has their loan modified it should be the right one for their situation. After all they have to submit detailed information on their finances including their income, assets and debt. The mortgage company carefully reviews all of this and modifies their loan so that the person [...]
In my last post I gave you an overview of the Home Save Program of the Neighborhood Assistance Corporation (NACA). This is one of the most structured programs I have seen to help people facing foreclosure save their homes. Not only do they have a well developed counseling program to help determine how much of [...]
In my last post I told you about Bruce Marks. Today let me tell you about the organization he heads up. Bruce is the Chief Executive Officer of the Neighborhood Assistance Corporation of America (NACA). NACA is a non-profit community advocacy and homeownership membership organization. One of its objectives is to help people facing foreclosure [...]
Bruce Marks is the Chief Executive Officer of the Neighborhood Assistance Corporation of America (NACA). NACA is a non-profit community advocacy and home ownership organization. Its primary goal is to build strong healthy neighborhoods through affordable home ownership. It has a tremendous track record of taking on predatory and discriminatory mortgage companies. It has labeled [...]
