Wednesday, February 11, 2009

Predatory Mortgage Relief Workshop

Cape Cod Citizens Committee for Economic Recovery

http://www.4cer.blogspot.com


Local NACA –Event Organizer

John J Bangert


Email: jjbangert@gmail.com



Join us quickly by signing up on face book!



Click Here: http://www.facebook.com/home.ph/group.php?gid=61716860126



Sign Up for a Free “Save Your Home” or "Buy a New Home"

https://www.naca.com/workshop/workshopIntro.jsp

NACA WORK SHOP


Where: Plymouth Public Library

When: Saturday, March 14, 2009

Time: 9:00 AM - 1:00 PM

132 South Street

Plymouth, MA 02360 31.68 miles from Harwich

Phone: (508) 432-0545

Face Book Group Link: http://www.facebook.com/home.php#/groups.php?ref=sb

Who and what is NACA?

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.

Investing in working people
The NACA homeownership program is our answer to the huge subprime and predatory lending industry. NACA has conclusively shown that when working people get the benefit of a prime rate loan, they can resolve their financial problems, make their mortgage payments and become prime borrowers. NACA’s track record of helping people who have credit problems become homeowners or refinance out of a predatory loan debunks the myth that high rates and fees are necessary to compensate for their "credit risk."

Started in 1988, NACA has a tremendous track record of successful advocacy against predatory and discriminatory lenders as well as providing the best mortgage program in America with $10 billion in funding commitments. NACA is the largest housing services organization in the country and is rapidly expanding by growing its existing 30+ offices, headquartered in Boston, MA, opening many new offices nationwide, and expanding the services it offers its membership. NACA’s confrontational community organizing and unprecedented mortgage program have set the national standard for assisting low- and moderate-income people to achieve the dream of homeownership.

NACA – America’s Best Mortgage Program
The incredible NACA mortgage allows NACA Members to purchase or refinance homes with:

  • no down payment,
  • no closing costs,
  • no fees,
  • no requirement for perfect credit,
  • and at a below-market interest rate.


Everyone gets the same incredible terms, including the below-market interest rate, regardless of their credit score or other factors. NACA also provides free, comprehensive housing services. NACA counsels Members into the extraordinary NACA mortgage using character-based lending criteria that takes each Member’s circumstances into account to determine whether they are ready for homeownership and what they can afford. This is in contrast to risk-based pricing where people are often given loans they cannot afford while brokers and others make tremendous fees and profits.

Property renovation and foreclosure prevention
NACA also provides property renovation assistance and Membership Assistance for NACA homeowners. NACA’s Home and Neighborhood Development ("HAND") Department addresses repair issues, and where appropriate provides rehab assistance throughout the renovation process. NACA’s Membership Assistance Program (MAP) provides comprehensive counseling for Members who are delinquent on their home payments, including establishing payment agreements and providing financial assistance to help Members avoid foreclosure.

Innovative technology
The NACA program has developed state-of-the-art mortgage software for web-based counseling, processing and underwriting., called "NACA Lynx", which is the envy of the mortgage industry. This is a paperless system that allows for character lending, loan processing and underwriting to be done on a very large scale.

Powerful national advocacy
NACA has revolutionized mortgage lending with its mortgage services and advocacy. NACA’s organizing department continues the aggressive advocacy against predatory lenders and the fight for economic justice. NACA is a high-profile organization, with its program and advocacy featured in the national media, including the Wall Street Journal, Prime Time Live, Boston Globe, Washington Post, major news outlets, and local networks nationwide.

NACA’s committed staff and contacting NACA
Our staff of hundreds of dedicated staff is committed to working with you to access this incredible mortgage product and to advocate for strong neighborhoods and economic justice. We are always looking for qualified staff—see our current job listings for details. To keep updated on NACA services, campaigns, and relevant legislative happenings, sign up by clicking Contact Us.

Wednesday, February 4, 2009

Cape Cod Economic Recovery "Pot Luck" Dinner

Dear Friends,

Tuesday, Feb 3rd, 2009


We are now back from the Inauguration and we need to work on our own local Cape Cod Economic Recovery Act Pot Luck and gathering bring a warm dish, dessert and or salad to share. Together We Can!

President Barack Obama has called us together this weekend! Join John Bangert and other Barack Obama friends along with co-host, Harwich Selectman Ed Mc Manus at Ed's & Shannon's home on Sunday, February 8th, 2009 3-7pm

The Details

Greater Harwich Community (Economic Recovery Meeting)
House gathering to watch and discuss Gov. Kane's video and decide what our response and action will be to assist in the recovery.

Time: Sunday, February 8 from 3:00 PM - 6:00 PM
Hosts: Ed and Shannon Mc Manus, John Bangert and Gail Bangert
Location:
Mc Manus House (Harwich, MA)
41 Parallel St. (508) 432-3842
Harwich, MA 02645
Directions: Near Harwich Center. 1 block south of Main Street and 1/2 block west of Sisson Ave.


http://my.barackobama.com/page/event/detail/economicrecoverymeeting/gptdvt

Dear Ed & John,

The economic crisis is growing more serious every day, and the time for action has come.

Last week, the House of Representatives passed the American Recovery and Reinvestment Act, which will jumpstart our economy and put more than 3 million people back to work.

I hope to sign the recovery plan into law in the next few weeks. But I need your help to spread the word and build support.

It's not enough for this bill to simply pass Congress. Americans need to know how it will affect their lives -- they need to know that help is on the way and that this administration is investing in economic growth and stability.

Governor Tim Kaine has agreed to record a video outlining the recovery plan and answering questions about what it means for your community. You can submit your questions online and then invite your friends, family, and neighbors to watch the video with you at an Economic Recovery House Meeting.

Join thousands of people across the country by hosting or attending an Economic Recovery House Meeting this weekend.

The stakes are too high to allow partisan politics to get in the way.

That's why I've consulted with Republicans as well as Democrats to put together a plan that will address the crisis we face.

I've also taken steps to ensure an unprecedented level of transparency and accountability. Once it's passed, you will be able to see how every penny in this plan is being spent.

You can help restore confidence in our economy by making sure your friends, family, and neighbors understand how the recovery plan will impact your community.

Sign up to host or attend an Economic Recovery House Meeting and submit your question for the video now:

http://my.barackobama.com/recovery


Our ability to come together as a nation in difficult times has never been more important.

I know I can rely on your spirit and resolve as we lead our country to recovery.

Thank you,

President Barack Obama

P.S. -- If you can't host or attend an Economic Recovery House Meeting, you can still submit your questions for Governor Kaine and then share the video with your friends and family this weekend. Learn more here:

http://my.barackobama.com/recovery

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