I submitted through NACA on 4/17/09 and was never asked for bank statements? Only uploaded paystubs, mtg settlement page, home owners insurance, property tax statement and electronic signature page? I didn't even write a hardship letter outside of what I wrote on the NACA website as the reasons for my modification request: divorce, stbx's 65% reduction in salary as of 12/1/08...My NACA page says submit to servicer-restructure....so I am sitting here waiting for two weeks to pass so I can call NACA. If I have to submit bank statements for the last few months will it cause a problem if they see a large amount from tax refund? The way my stbx's pay is structured...he would receive a few bonuses during the year which are taxed heavily....so we get a lot back when we file. I have used that money to pay off cc debts, timeshare, etc. as
CW wasn't taking me seriously when I first called in October to request a loan modification. They said I would have to be 2 months behind to get a "real" loan modification. I am now two months behind and probably now only have about 1 1/2 month's of payments in the bank. Does
CW request all of the owed payments at once if they agree to NACA's proposal or do they spread it out over a certain time frame (like 5 years????).