NACA Leads Fight to Save Homes

Millions of people are losing their homes in America. Now, there's a non-profit organization fighting to save you from losing your home.

NACA has been in the forefront of attacking predatory lending. The lack of affordable credit to working people creates opportunities for predatory lenders to move in with their high-priced abusive loans. A priority in all of NACA’s campaigns has therefore been to expand the reach of affordable lending. Indeed, NACA’s predatory lending campaigns have all resulted in expanding access to affordable credit to working people and low- and moderate-income communities. In 1991 NACA (previously UNAC) was the first organization to expose the issues of predatory lending.

NACA’s history of aggressive, confrontational advocacy is essential to understanding its current success and to answer the question, “How is NACA able to provide a program that sounds too good to be true?” NACA was established in 1988 as a non-profit community advocacy and homeownership organization. Since then, NACA has developed a tremendous track record of accomplishments, documented in over seven hundred press clips.

NACA’s victories have been against some of the country’s largest and most powerful financial institutions. NACA’s aggressive confrontation advocacy has yielded remarkable successes with tremendous benefits for homeowners and communities.

NACA continues its fierce battle against predatory lenders who are foreclosing on thousands of homeowners, and threaten to push millions more Americans to the brink of losing their homes. NACA has sounded the call to action, and is putting lenders on notice. They are pushing lenders to renegotiate predatory subprime loans and they have committed a billion dollars to refinancing. They encourage people to participate in our Predator Watch to guard against unscrupulous lenders. Their Predatory Lending Forum is an active community of advocates and victims sharing information and strategies. They are moving toward Predatory Lending Legislation to work to prevent victimization, and they are also establishing a Report Card for Politicians to expose their stands on the issue of predatory lending and economic justice issues.

NACA’s Neighborhood Stabilization Committees (“NSC”) are the grassroots foundation for NACA’s neighborhood and organizing activities on both the local and national level. Once Members are settled into their own home, they can help build their neighborhood. NACA helps make connections with other NACA homeowners in communities of all kinds. They meet on a regular basis to address neighborhood issues and to connect to NACA nationwide. Thousands of Members work together to improve school systems, take control of abandoned lots, and fight against gangs, drugs and violence. Starting locally, NACA Members are also perfectly situated to connect with others in their state and throughout the country to create change. Together, they can demand and succeed to achieving economic justice for working people and our communities.

As its Membership continues to build, NACA’s power and ability to demand more economic justice only increases. As a NACA Member or a NACA activist, homeowners can become part of the fight. The aim is to not only fight predatory lenders, but to hold our elected leaders responsible to working people’s needs. As NACA expands with hundreds of thousands of members nationwide, NACA claims they will have a major impact on the nation’s lending and economic justice issues.

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