The Neighborhood Assistance Corporation of America, NACA, a not-for-profit organization that brings lenders and homeowners together to restructure unaffordable mortgages, will be in Chicago May 13 through May 17 at McCormick Place providing mediation services 24 hours a day. This service is being offered free to persons who pre-register and attend a preliminary workshop. All major lenders will on hand to renegotiate terms and rates, including Fannie Mae and Freddie Mac. It is expected that more than 20,000 homeowners will attend.
A preliminary workshop is being held Tuesday, May 11, 4:00-6:00 PM and 7:00-9:00 PM, at Allison United Foundation for Better Living, Inc., 4540 West Washington Boulevard. Persons attending this workshop will be told what documents to bring with them and will be given priority service at McCormick Place.
To register, sign up online at www.naca.com or call 888-499-6222. Note: Attending a preliminary workshop is mandatory prior to the main event.