Fighting foreclosures one mortgage at a time (same day solutions).

I have seen this on the news over the past weekend and am actually impressed with what they are able to do. The news said over 40,000 people came to the Las Vegas convention center on a sponsored event by NACA Save the Dream Tour. Some people came from other states like California and Arizona. You don’t even have to be behind or in foreclosure, just demonstrate hardship and have documentation to prove it. They were smart because they got real results in writing instead of getting the run around on the phone for months a time.

This organization is helping more people in foreclosure or people who just can no longer afford their home and need lower payments but can’t get a modification directly from their lender because they are not past due. What got me interested is they were able to help 20,000 people in the same day with real solutions.

I didn’t understand how this organization was able to do that until I watched a couple of youtube videos. They already have agreements with all the major lenders and Fannie Mae and it looks like actual representatives from the Banks and Lenders are on site to approve the restructuring of the loans. In essence a true loan modification or restructure where payments, interest rates, and/or principal are reduced.

This organization is having a positive impact saving homes and families. While the Bush and Obama administration have made efforts to try to help homeowners with taxpayer money with very little success, this non profit organization is helping hundreds of thousands of people without any taxpayer dollars and making a great impact.