Loan Modification Forum - LoanSafe.org - View Single Post - NACA/CW/BofA June Restructure Submissions

laurap · 07-07-2009, 09:47 AM

Hi all,
Any idea NACA deals with Second if it is with a different lender.
I talked to NACA people today they were saying they only deals with the first mortgage and second with Boa. If its with a dirrent lender then they won't negotiate the second.

My NACA proposal was 2300 and i was hoping its includes both first and second.

But if they deal only with first and it makes to 2300 my actual payment goes to 2900+hoa that is 3100.

ANy help will arreciated. Is there anyway we can settle the second for less and deal with the first.

07-07-2009, 09:47 AM	#87 (permalink)
laurap Senior Member Join Date: Jun 2009 Posts: 54 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: NACA/CW/BofA June Restructure Submissions Hi all, Any idea NACA deals with Second if it is with a different lender. I talked to NACA people today they were saying they only deals with the first mortgage and second with Boa. If its with a dirrent lender then they won't negotiate the second. My NACA proposal was 2300 and i was hoping its includes both first and second. But if they deal only with first and it makes to 2300 my actual payment goes to 2900+hoa that is 3100. ANy help will arreciated. Is there anyway we can settle the second for less and deal with the first.