Thousands Getting Free Mortgage Help in Los Angeles

Los Angeles - Thousands of people who want to avoid losing their homes are expected to show up at the Shrine Auditorium over the next few days for free mortgage help at NACA's "Save the Dream" Tour event.

A nonprofit group called the Neighborhood Assistance Corporation of America is offering the chance to restructure their home loan sat lower rates.

Many people having their mortgage payment permanently reduced by over $500 and many by over a $1,000 a month often with interest rates reduced by 3% or 2% and sometimes a principal reduction. Many receive a permanent loan restructure the same day.

The event runs Thursday, June 2  throgh Monday June 6, 2011. Doors open 8 am to 8 pm.

NACA "Save the Dream" Tour
Shrine Auditorium
700 West 32nd Street
Los Angeles, CA 90007
www.naca.com