Thousands of Homeowners Plan to Storm Capitol Hill to Save the American Dream

[Moe Bedard]

The line of eager people was wrapped around the Capitol Hilton in downtown Washington D.C. as my crew and I unloaded our gear out of our taxi. The crowd was thick and deep as a sea of yellow shirts offered smiles and encouragement to the children as they waited patiently with their mothers and fathers. Their curious faces filled with glimmers of hope as they stood in the hot and humid D.C. air.

It was an utterly amazing, but an eerily sad site and I actually have chills as I write this. My words cannot even grasp the true magnitude of what my eyes just have seen and my heart has experienced. All of us were just in awe at the size of the crowd and the magnitude of this historic event. It hit us right away that this was big, very big.

It reminded me of when hurricane Katrina forced thousands of people from their homes and the scenes played on TV as I watched helplessly from my home in Southern California. This time I was going to be involved and help the people in need. The people suffering in their homes that need help and real hope.

Little did I know 4 days ago, I would catch a red eye flight to D.C. and be involved in the largest outreach to consumers and homeowners ever.

Never in our history has there been a gathering of this size in one place for the simple goal of saving the American Dream. A place not far from where Dr. Martin Luther King Jr. gave his historic “I Have a Dream Speech” in 1963. This great man changed the course of our nation and the lives of millions America’s with just his words.

The event was set up as an emergency triage room of sorts that was specifically designed to assist wounded homeowners with their toxic and cancerous mortgages.

It was as if there were hundreds of nurses and foreclosure doctors that were working in concert with one another to help as many people as possible. Hundreds of volunteers, laptops and homeowners filled the Capitol Hilton with two goals in mind, to save homes and give hope.


The Washington Post:

Here’s what makes this event unprecedented: If loan servicers refuse to work out a restructuring, NACA is going to take the rejected homeowners to Capitol Hill and complain to their congressional representatives.

“Our frustration has been that some of these servicers have not done what we need them to do,” Marks said.

The facts are that servicers are not doing everything they can to assist struggling homework, people and Americans who are suffering in their homes because these same servicers have no skin in the game. These comapnies have no incentives to keep people in their homes. Only fee incentives to profit from struggling homeowners.

Bruce Marks knows this and so do I.

This is why we have figured out that the time is NOW to start uniting consumer advocacy groups to form an army of sorts that shines a nationwide spot light on the truth.

The truth that lenders, servicers and our government are NOT doing everything they can to help deserving Americans save their homes and dreams.

More Information on this Historic Event:

· Capital Hilton Hotel, 1001 16th Street N.W. Washington D.C.
· July 19 (Saturday) - 23 (Wednesday) From 9:00 A.M. To 9:00 P.M.
· Historic Event Providing Long-Term Affordable Solutions: One-On-One Sessions From Hundreds of Counselors Mortgage Restructuring Solutions the Same Day Homeowner Encounters with Members of Congress

NACA the Neighborhood Assistance Corporation of America is sponsoring the “Save the Dream” Event, July 19th -23rd at the Capital Hilton Hotel. NACA, a non-profit advocacy and HUD certified counseling agency, will continue NACA’s mortgage restructure solution by saving thousands of homeowners from foreclosure by reducing their mortgage rates to 5% and less, cutting the mortgage payments by hundreds to thousands of dollars a month.

Never before will so many homeowners be matched with hundreds of counselors at once to achieve immediate solutions. NACA counselors will assist thousands of at-risk homeowners and provide restructure solutions that permanently reduce their interest rate to make payments affordable and obtain servicer/lender approval within hours of submission, often the same day. NACA has been successful in reducing interest rates to what homeowners can afford - often to 5% or less - setting the standard in the foreclosure prevention industry. NACA will provide permanent solutions and offer help, hope, counseling and long-term mortgage solutions – all free!

Media & Interviews: Moe Bedard (951) 271-6283

My company, Loan Safe Solutions, was invited by Bruce Marks and NACA to assist them with victims of predatory lending with our state of the art software and mortgage experts.

As of yesterday, we interviewed over 100 homeowners and our preliminary findings are that over 85% of them are victims of predatory lending practices and that it is true, minority homeowners pay more for their mortgage and are DEFINITELY preyed on by real estate and mortgage predators.

My goal is to show proof of this with hard facts and data to back it up.

Never in my life have I heard such horror stories of fraud and deceit.

Please stay blogged (tuned) for the follow up post after the march to Capitol Hill.

From Moe's Blog

[Cat Damiano]

Moe,

That must have been so sad to see so many people about to lose their homes..........but so uplifting that even at the lowest point they are going to stand up and fight the Goliath lenders for their homes................

It must truly be amazing..........what a site........NACA and LoanSafe teamed up on the front lines to help.......all I can say Moe is WOW..........this is a historic moment in time and I hope the lenders finally listen and get it............
((((( YOU ROCK!!!!! ))))))

[elpjohnson]

Moe,

I am with what Cat said...how sad and uplifting at the same time....truly amazing stuff. I just wish I could be there to take part in and witness such a historic moment in history.

As I have said so many times you are doing an incredible service to the borrower....the little people who have such small voices against these giant lenders. Moe, you are doing an amazing job! Keep up the fine work and I'll be watching the news and looking for you in the massive crowd that is going to march.

All I can say is WOW!!!! We are truly blessed to have you around here.

Thank you for your hard work, Moe, I'm speaking for all of us, we are grateful for you and this forum.

Now go get em!!!!!

[RefusetobeStressed]

Moe,

I work in Alexandria, VA . I am not far from D.C. at all. So Wednesday is the last day? I need to attend!!!!!!

Refuse

[myhouseismine]

Moe,

Thank God for you!! I saved my house and modified both my mortgages (Homeq and Ocwen) just from information on your site. I smiled as I drove home from work today because the local gospel radio station (I live in the DC/MD/VA area) was talking to someone who had been down to the event and got help. I am so happy that there is someone to help us. I know I was a victim of predatory lending as were many of my "neighbors". I am not happy with the modification, but it is a "help" from where I would've been had I not searched on the internet a few months ago for loan modification. That's how I found Loan Safe.

Thanks again for helping.

Bless you, Moe. Really.

-My House Is Mine.

[myhouseismine]

Oh, I fogot to add, if you need help with anything-even if it is with passing out pencils - anything. Let me know. I will take off from work to help out.

To those who much is given, much is required.

[RefusetobeStressed]

Moe,

I am here also if you need assistance. I'll call in sick

RefusetobeStressed

[evel1999]

Great to see homeowners speaking out about this mess on our homes.

NACA helped in the 90's to bring down Fleet Finance by doing some of these same things. Homeowners won and saved their homes from Fleet Finance with NACA's help and help from attorney's fighting Fleet Financve. Homeowners can win this time also with all the good help and the march on Washington will bring the attention needed.

[scarednmontana]

WOW!!! This is great news..wish i was there....Boy did i need something like this to bring it up a notch...Amazing job.....sooo when do we start by State level???