NACA'S Save the Dream Event: DAY 4 - CONVERGE ON CONGRESS

WASHINGTON, July 22 /PRNewswire-USNewswire/ -- Hundreds of homeowners will
congregate at the offices of Senate Banking and Finance Committee Chairman
Senator Christopher Dodd and Senate Majority Leader Harry Reid and the offices
of each of their own Senators and Representatives today, Tuesday, July 22, at
1:00 PM. for "aggressive advocacy."

The demand for NACA's solution has been huge, still packed with homeowners
seeking solutions as late as 11 PM Monday night - clear evidence that NACA's
services are desperately needed.

NACA has helped nearly ten thousand homeowners fashion affordable mortgage
restructures that will enable them to avoid foreclosure and save their dream
of homeownership. This unprecedented, five day long, mobile loan servicing
operation at Washington DC's Capital Hilton Hotel.

Counselors prepare customized budgets that will ensure affordability and
long-term stability. Many prominent financial institutions recognize the value
of keeping homeowners in their homes rather than having them put out on the
street. Some, however, are refusing to provide long-term affordable
restructure solutions and need to be targeted for such predatory practices.

Homeowners will visit to demand help from a Congress that has done virtually
nothing to provide relief in this mortgage crisis. The homeowners will be
requesting that their legislative representatives personally call the CEOs of
the banks and financial institutions that are refusing do the right and just
thing. They will be asked to personally demand action. Names of some
executives and institutions that have acted irresponsibly include:

John Stumpf
President and CEO
WELLS FARGO

Alvaro G. de Molina
CEO
GMAC

Stephen Feinberg
Founder and President
CERBERUS CAPITAL MANAGEMENT (owner of GMAC)

John J. Mack
President and CEO
MORGAN STANLEY (owner of Saxon Mortgage)

Larry B Litton, Sr.
LITTON LOAN SERVICING
Owned by Goldman Sachs

Lloyd C. Blankfein
Chairman and CEO
Goldman Sachs

"These executives and their companies have put tens of thousands of homeowners
under unconscionable pressure" says NACA CEO Bruce Marks. "All we are asking
members of Congress to do is to put their influence on the side of the victims
of the subprime scandal, call these executives, and press them to do the right
thing. We don't need taxpayer bailouts of irresponsible lenders. We do need
fair and affordable mortgages."

SOURCE Neighborhood Assistance Corporation of America

Darren Duarte, Cell: +1-617-947-2632, DDuarte@NACA.com, or Maxine Bender,
+1-212-737-4202, Cell: +1-917-689-6100, both of NACA