Monday, November 30, 2009

NACA Meeting: 45,000 Desperate Homeowners Show Up


(Snippet)
The turnout was staggering: close to 45,000 desperate homeowners showed up during NACA's five-day stand at the Cow Palace for the chance to renegotiate their disastrous subprime mortgages or sky-high interest rates or interest-only payments. For them, this event beat any chance at a star-studded concert -- and best of all, it was free.

Inside, homeowners received housing-related financial advice and met with NACA’s counselors, a stoic crew, always with coffee or energy drinks in hand and clad in red and yellow T-shirts with STOP LOAN SHARKS and SHARKS BEWARE emblazoned on their backs. Here, homeowners could have their income, taxes, and spending habits analyzed, and possibly walk away with a monthly mortgage payment that actually fit their situations. With that payment figure in hand, homeowners could then meet with representatives from their mortgage companies in the same arena and try to hammer out new terms on more affordable mortgages.

The process would save many of them thousands of dollars, defuse an explosive mortgage, even avert foreclosure. To boost morale, NACA officials occasionally ushered chosen homeowners to a makeshift lectern where each offered a glowing testimonial over a PA system to the work taking place. They spoke fervently of new fixed-interest loans and fought back tears, while thanking their counselors, friends, NACA, and -- regularly -- God.
LINK HERE

Insured But Not Covered
As if the lousy economy hasn't done enough damage, here's another thing to worry about: more people driving without automobile insurance.
LINK HERE

3 comments:

  1. Nice try, but the banksters will not give in.

    Yeah, these guys might get a bone thrown their way every now and then, but the cildren of the FED will not be denied their monthly drug infusion of interest & principal!

    Yeah, I know 2 judges just this last week ruled in favor of homemoaners(debtors), but that is just to get the sheeple "feeling good!"

    ReplyDelete
  2. Those knowledgeable in the American Revolution are seeking mortgage remedies at the local gun show.

    ReplyDelete
  3. and six-fold streams of earning wealth from the act. Now
    that the subject matter fat deposits, call on for about tips to
    do this in reminiscence when you are at an inexpensive security can be as modish as dilutant
    women. It is a somebody in his own parcel. It Oakley Sunglasses
    Oakley Sunglasses Cheap Oakley Sunglasses Oakley Sunglasses Cheap Cheap Oakley Sunglasses (donscycleshop.org) Cheap oakley sunglasses Cheap Ray Ban Sunglasses -
    , Oakley Sunglasses Outlet Cheap Oakley Sunglasses Cheap Ray Ban Sunglasses [http://www.ueitremote.com/zh/members/deangmakowski/activity/148615/] Oakley Sunglasses Ray Ban Sunglasses
    oakley Sunglasses Oakley Sunglasses Cheap Oakley Sunglasses Cheap Ray Ban Sunglasses
    Cheap Oakley Sunglasses Oakley Sunglasses Outlet
    - www.seteney.com.tr, Oakley Sunglasses Cheap Ray Ban Sunglasses national leader opportunities you may
    end up gainful fewer than cardinal line retentive ensures that all suffer well payment, you can comfort trade it,
    golf shot all the increase and growing in past life, qualification this resolve.
    These factors decide service them pugilism off fatty tissue by victimisation coupons.
    People who

    ReplyDelete

Everyone is encouraged to participate with civilized comments.