Power Breakfast: Long lines, audits, Coke, Cousins, Madoff

It’s a sign of the times. Long lines.

They were prevalent during the Great Depression. And they have been growing during this Great Recession.

Thousands lined up outside the Georgia World Congress Center on Tuesday seeking relief from unaffordable mortgages during the last day of a “Save the Dream” mortgage restructuring tour, AJC reporter Alyse Knorr writes.

The tour, organized by the Neighborhood Assistance Corporation of America, was originally set to end in Atlanta on Monday. But Darren Duarte, spokesman for NACA, said the Atlanta stop was extended an extra day to meet the enormous demand for help.

The tour provides free same-day mortgage modifications for some of those who attend.

Foreclosures have been one of the key problems that continue to pound the housing sector and our economy. Relief sometimes comes after long lines.

Also in the AJC:

In other media:

One comment Add your comment

jhenry

September 2nd, 2009
5:11 am

If anyone has had any luck with any of these companies, could you please post it for the ones that cannot find one to work with you. We’ve almost lost once and just got a second chance that want last long so I need to get something done now, so if anyone knows the right number to call, i am sure a lot of people that hasn’t found them would appreciate it but check out http://www.obamamortgagerelief.org/