Quote:
Originally Posted by *** Damiano  Hi hypertweeky,
Welcome to the forum and thank you for joining................
Before making any decisions at this time..............you should wait and see what happens at your NACA appointment to see what options you have..........and then go from there.
The NACA modification process is running around 60-90 days from start to finish...........we have just had two members in the last couple days received their approvals and the modifications are low rate and fixed. So while their process takes a while, their modifications are good fixed rates...........that may be able to help you.
Please keep us posted on your progress with NACA..........
Good Luck!! |
Hello ***,
Can you offer us any advice? I've posted in different threads out of frustration with NACA. We started the process of requesting a loan mod last March, and received a denial from Countrywide last week. We have had nothing but trouble with NACA, from them not submitting our request until 5 months after first contacting them, losing our information, giving us conflicting information, telling us only 2.5 weeks ago that our loan mod request was accepted, to now, after being told by Countrywide that the foreclosure process has re-started and that our house will be transferred to HUD in 60-90 days (we have a FHA mortgage), NACA tells us to just wait a couple of weeks and see what happens. We've only been given 20 days to request to stay in the home during the transfer process, 13 of which have already passed. We've called FHA in the past and they've told us they can't do anything because we are working with NACA, and to just be patient.
We really don't know what to do, because calling every few days and emailing everyone from the regional to the main office doesn't seem to be working for us. Any suggestions?
Thanks in advance,
Very frustrated and scared NCRaider