UPDATE:
Received a loan mod from
CW on 4-1 simply adding my missed payments
($12,000) to the end of the loan. No reduction in interest rate or lower payment. I have until the end of April to return it if I want to go with it.
It is not a good deal. Really not a loan mod just adding the missed payments to the end of the mortgage.
Then on 4-9 NACA submitted a restructure proposal to
CW for me.
I called
CW on 4-23 to see what was happening and the Advocacy Dept. says they have no record of my file coming from NACA but admitted they are 3 weeks behind in "processing".
I have called NACA today and the nice lady emailed the NACA contact at
CW to make sure my information was there. I'm still not sure.
CW did tell me that once NACA is representing you that
CW cannot talk to you and will refer you to NACA. Thats fine with me, I just need to know my file is at
CW and not lost.
Still waiting.......Cobra