NACA Save the Dream Tour in Phoenix on October 2 - 5

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Neighborhood Assistance Corporation of America's Phoenix Save the Dream event provides free same day solutions to thousands of homeowners, helping to avoid foreclosure, restructure mortgages, and reduce interest rates to as low as 2%

NACA CEO Bruce Marks

At our second West Coast event in Los Angeles, over 200 bank representatives were on hand to work with NACA staff and homeowners

The Neighborhood Assistance Corporation of America (NACA) is bringing its nationwide Save the Dream tour to the Phoenix Convention Center on Friday, October 2, through Monday, October 5, 2009. This is the second city of the West Coast leg of the NACA tour, which started last week in Los Angeles and drew more than 50,000 homeowners looking for mortgage restructuring relief.

NACA provides a free effective solution for at-risk homeowners with unaffordable mortgages by permanently reducing the interest rate often to 4%, 3% and 2%, and if necessary reducing the outstanding principal to what homeowners can afford. NACA can do this because it has secured legally binding agreements with most of the major lenders and servicers, which covers 90% of the at-risk homeowners.

"At our second West Coast event in Los Angeles, over 200 bank representatives were on hand to work with NACA staff and homeowners," said Bruce Marks, CEO of NACA. "As our Save the Dream tour gathers more and more momentum, banks are more and more willing to work with us. We rescue homeowners from unaffordable mortgages. We do the work for the lenders by verifying and documenting what the homeowner can afford based on a tight budget prepared at the event."

Over 200,000 participants have already participated in NACA's first Save the Dream tour this summer in Cleveland, Chicago, St. Louis, Atlanta and Los Angeles, providing same day solutions to thousands of homeowners, helping to avoid foreclosure, restructure mortgages, and reduce interest rates. Click here for media coverage from all the previous events.

The incredible success of NACA was also featured recently on national television. Click here to view ABC News Nightline feature on NACA's Save the Dream tour. The feature went on the frontlines with NACA CEO Bruce Marks, "a man trying to restore the American Dream."

All of NACA's services are free. Homeowners drive and fly from long distances to attend these extraordinary Save the Dream events. The other stops on NACA's West Coast Save the Dream tour are Las Vegas, NV, October 9-12, and Oakland, CA, October 16-20.

Anyone interested in attending the Save the Dream event Friday, October 2, through Monday, October 5, at the Phoenix Convention Center should pre-register for an appointment at (NACA.com; homeowners can also register by calling toll-free (888) 499-6222.

About the Neighborhood Assistance Corporation of America (NACA):

Founded in 1988, NACA is a national non-profit community advocacy and homeownership organization headquartered in Boston. Through its 38 offices nationwide and two call centers, NACA has set the national standard in restructuring thousands of mortgages to what the homeowners can afford, as well as providing the best mortgage in America for homebuyers.

News of NACA's program and advocacy has been featured in national and local media. The Boston Globe chose Bruce Marks, founder and CEO of the Neighborhood Assistance Corporation of America (NACA), as its 2007 Bostonian of the Year. There is tremendous recognition for the effectiveness of NACA's advocacy and for providing real, affordable homeownership solutions for working people.

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Darren Duarte
NACA
617 947 2632
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