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Old 07-06-2009, 01:09 PM   #36 (permalink)
caldwellb02
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Re: Chase/Wamu and Deutsche Bank

Just called NACA. No word. They say that (contrary to what they told me two weeks ago), they are not calling the lender anymore to find out status. The last they heard from my lender was 6/6, which was 35 days after they submitted the proposal. The guy I talked to on 6/16 said they keep calling the lender every couple of weeks. This guy said they are not doing that any more -They are simply waiting for the lender to either turn down their proposal or ask for more information. I said I had previously been told to call every couple of weeks - the guy, Carlos, at NACA said yes to call (today I waited 30 minutes on hold, which is typical), but that they would probably have no additional information. I asked if they would contact me if they heard from the lender - they said they'd try e-mail first, then a call. I told him my property was reassessed at $50,000 less than I bought it for, and asked if he needed that info. He said "probably" - just fax it to them with my member number. I'm very very discouraged. This is not the line NACA gave me while I was applying. I asked if I had a negotiator, and he said yes, gave me her name, but wouldn't let me talk with her. Wondering if NACA is just hype.
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