Save The Dream Tour Helps People Stay In Their Homes | WAMU 88.5 - American University Radio

: News

Save The Dream Tour Helps People Stay In Their Homes

Play associated audio

A free program to help homeowners struggling with their mortgages is coming back to D.C.

The Neighborhood Assistance Corporation of America’s Save the Dream Tour begins tomorrow morning at the Washington Convention Center.

People are already here, at the Washington Convention Center, to get a place in line for NACA’s round-the-clock event aimed at helping homeowners modify their mortgages.

NACA tours the country, holding these events in major cities. The last time the group was here, in 2008, demand for their help was so great, the line outside the Capital Hilton stretched for blocks. This time, NACA organizers say they will be able to work with many more people. That’s because the program at the Convention Center will be open 24 hours-a-day, for 8 days straight.

NACA director Bruce Marks says his group has legally binding contracts with all of the major lenders and investors, and says many struggling homeowners will be able to get their mortgage payments cut.

“It sounds too good to be true but it is reality for thousands of homeowners, people are saving $500 a month, a $1,000 a month, same day,” says Marks.

Today several local homeowners, including Rita Lawson gave testimony about how much money they saved with NACA’s help.

They lowered my mortgage payment from $2,600 to $1,373. The event officially begins at 9 a.m. tomorrow and ends the following Friday.

NPR

The Eye-Opening Saga Of Walter And Margaret Keane, Now On Screen

Walter Keane made his name with wistful paintings of big-eyed children — paintings actually done by his wife. Tim Burton directs and Amy Adams stars in Big Eyes, a new movie about the Keanes.
NPR

What The Change In U.S.-Cuba Relations Might Mean For Food

The decision to normalize relations is driving all kinds of speculation about American food companies opening up shop in Cuba. But analysts say: Don't expect to see McDonald's there anytime soon.
NPR

Two Of Colorado's Neighbors Sue State Over Marijuana Law

Nebraska and Oklahoma have filed a lawsuit against Colorado with the U.S. Supreme Court, saying that its law legalizing marijuana isn't constitutional.
NPR

For An Island Trapped In The '50s, An Instant Digital Revolution

Cuba is one of the least connected countries on Earth, with 5 percent of residents online. But it could become the Caribbean's largest market if the Castros open the nation up to the Internet.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.