Published March 17, 2009
More than 20,000 homeowners came to the Save the Dream event last weekend in Columbia, according to organizers with the Neighborhood Assistance Corp. of America.
Past coverage: ‘A blessing’: Thousands flock to mortgage aid event
For four days, people lined up around the Carolina Coliseum waiting to meet with financial counselors. The group works to help homeowners get more affordable mortgages, with options that include refinancing with their current lenders at lower rates. It has legally binding agreements with many lenders that spell out refinancing options. NACA does not charge for its services.
“When I invited NACA to bring the Save the Dream tour to Columbia, I knew there was a tremendous need for their services. Yet I don’t think anyone could have anticipated the overwhelming response to this event,” U.S. Rep. James E. Clyburn, D-S.C., said in a statement. “I can’t thank the NACA staff enough for putting in long hours and lots of hard work to help so many people save their dream.”
NACA has offices in Columbia, Charleston, Charlotte and Augusta where it also offers counseling for homeowners who are worried that they will face foreclosure.