NACA And CRA Housing Agencies Shafted Homeowners

During the housing crisis, many homeowners went to CRA Housing Agencies seeking help to modify their loans. CRA Housing Agencies offered services for free and were the beneficiaries of free advertising from clueless politicians and their banking benefactors. Yet, many homeowners who went to CRAs for help ended up losing their homes. The few homeowners who did receive modifications are in a worse position than they were before getting the modification. Homeowners who did get modifications are now heading back into foreclosure.