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Yesterday, Bruce Marks, the Chief Executive Officer of Neighborhood Assistance Corp. announced that more than 17,000 people had been through the doors at its marathon mortgage modification event in West Palm Beach.
That was a smaller number than he originally expected, however Mr. Marks said he expected more than 20,000 borrowers. He stated: “We’ve been here for five days straight, 24-hours a day and people are still coming in.”
NACA isn’t entirely going away after the doors close at 8 p.m. Marks promised that the organization, which acts as a not-for-profit mortgage broker, will open a South Florida office shortly. There are already 38 other offices and two call centers.
NACA says it has modified thousands of mortgages for South Floridians, at three events here since last year.
Borrowers facing foreclosure or seeking loan modifications can still get counseling and information on mortgage modifications at Naca.com.
They can also turn to the Homeowners Hope hotline, 1-888-995-HOPE, to find counseling and assistance.
In South Florida, the Urban League of Palm Beach County also is a Department of Housing and Urban Development-certified foreclosure mitigation counseling agency. The service is free.
Counselors are available Monday through Friday 9 am to 5 pm at 561.833.1461 ext 3000.
Forms and paperwork needed for the service are available at www.ULPBC.org.
The Broward County Housing Authority also offers foreclosure counseling at 954-739-1114, or www.bchafl.org.
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