Posted by: Catherine | January 27, 2009

NACA’s Accountability Campaign – how does your lending executive live?


NACA.com is the Neighborhood Assistance Corporation of America. 

From their website:  The Neighborhood Assistance Corporation of America (“NACA”) is a non-profit, community advocacy and homeownership organization. NACA’s primary goal is to build strong, healthy neighborhoods in urban and rural areas nationwide through affordable homeownership. NACA has made the dream of homeownership a reality for thousands of working people by counseling them honestly and effectively, enabling even those with poor credit to purchase a home or refinance a predatory loan with far better terms than those provided even in the prime market.”

NACA works with various national lenders to help make YOUR mortgage more affordable.  They help people modify their loans, they help people KEEP THEIR HOMES.  They work hard to create agreements with the lenders in order to help the consumers, and those losing their homes.  They have put together an interesting list of the executives at the various finance – lending institutions who refused.  Take a look to see how your bank’s executive’s live; photos of their homes, their net worth, and their contact information. 

Fed up?  Write to your politicians and demand accountability and assistance from these lenders.   NACA also provides a page to look up your local politicians:  https://www.naca.com/members/publicPoliticianList.jsp


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