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Public Statements

Congressman Gregory W. Meeks Statement on Save the Dream Coming to New York City

Statement

By:
Date:
Location: Washington, DC

Congressman Gregory W. Meeks (NY-6), senior member of the Financial Services Committee and House Foreign Affairs Committee release the following statement about Neighborhood Assistance Corporation of America (NACA) New York's Save The Dream Event:

"The Sixth Congressional District has been at the epicenter of the foreclosure crisis. It is one of the hardest hit areas in the country. When the crisis first began in 2008 I recognized so many of our homeowners were letting their homes go into foreclosure and be auctioned off without once calling the bank or seeking expert assistance. They just did not know what to do or where to go for help.

"I partnered with local groups and even expanded my office hours and allowed mortgage foreclosures counselors to come in to assist constituents. In a number of instances we successfully negotiated with banks and quite a few families who went through this were able to keep their homes.

"I could have not done this without the involvement of my colleagues in government and members of the clergy. Although foreclosures in Southeast Queens have begun to level out, we still have historic levels of foreclosures and families in distress. I think all of us recognize that much larger numbers of homeowners in jeopardy needed to be reached. Something far more wide-ranging than the help my office could provide is necessary. Greater expertise needs to be made available to not to dozens or scores of homeowners who are struggling to pay their mortgage when hundreds, if not thousands of families need help.

"So, at my invitation, the Neighborhood Assistance Corporation of America (NACA) is bringing its "Save the Dream Event" to New York's Jacobs Javits Convention Center on April 26-30, 2012 where families city-wide facing foreclosure will be able to meet with their lenders face-to-face to obtain a decision and possibly reduce their mortgage payments and interest rates.

"All of NACA's services are free and the event is open to the public to homeowners in financial difficulty who own only one property and occupy that home. They will need to bring their mortgage statement and their most recent 30 days of paystubs to event. Pre-registration is encouraged, and can be done online at to register log onto www.naca.com or call 1-888-499-6222. Walk-ins are Welcome!" [End]


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