Special to the NNPA from The Washington Informer –
On Wednesday, September 22nd at 10:45 a.m., homeowners from around the country joined NACA CEO Bruce Marks at the United Methodist Building, 100 Maryland Avenue, NE in Washington, D.C. to kick off NACA’s “National Foreclosure Week of Action.”
Thousands of at-risk homeowners then converged on Members of Congress’s Washington office or district office to have them advocate for their affordable mortgage solution for the next week. The army of homeowners going to Capitol Hill and district offices urged their Congressperson and Senators to advocate for them in achieving their affordable solution by the end of September.
While NACA has worked with the homeowners to determine and document an affordable mortgage payment, advocacy is still necessary to achieve this solution. NACA is urging Congress to advocate for their constituents by urging lenders to approve the NACA solution. This is a continuation of NACA’s Save the Dream Tour that travels the nation lowering unaffordable mortgage payments for many thousands of homeowners.
This is the first time so many homeowners will converge on Capitol Hill having Members of Congress get personally involved in saving their homes. The call to action will go on for a week, to give Members of Congress enough time to come back to their constituents with some good news.
“We need help and we need it now,” said Bo Huber of Miami, FL. “All we want is for our representative to pick up the phone and write letters to our banks advocating on our behalf.”
Members of Congress have a tremendous amount of influence in assisting their constituents with an unaffordable mortgage. They have direct access to the lenders who prioritize referrals from Congress. They also have influence on government owned or guaranteed mortgages that are the most difficult to modify and are being foreclosed on in large numbers.
In addition, the requirements imposed by the government’s Making Home Affordable program are making other modifications more difficult. “It is up to Congress to advocate for their constituents,” states Bruce Marks, NACA CEO. “It is time that Members of Congress make the government program work and send a strong message to the lenders – that they will not have access or influence unless they modify the mortgages for their constituents.
Our government must side with the millions of average working Americans who are desperately trying to keep their homes at an affordable payment,” said Marks.
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