Naca homesave tour

[Blackcandt]

I just wanted to pass this info on to everyone on the forum. Naca is now on tour. Going from city to city to help people get their loans modified. The major lenders are on site at these events and most do get to sit down and actually talk to your lender. It is wonderful. I cannot tell you how many people just sitting around me got 2% on their loan for the life of the loan. It will take you all day so plan on it. It is well worth it though to get some answers for once. You can get same day approval and if not then you will have an answer the next week. I didnt get the 2% I had hoped for after watching all the others but EMC did put in a proposal to the investor that will save us almost $800 a month. I cannot complain. I have a direct contact number to call on Monday to get my answer if they accepted it or not. We drove 5 hours to the event but like I said what is 1 day when you have been through all this struggle. So everyone please find the nearest city and give it a try. If you go to naca.com and watch the videos for the tour you will see what I am talking about. Its amazing.

[Evan Bedard]

Hi blackcandt,

Yes I would have to also encourage everyone who can to attend this event it is amazing!

I have personally went to two myself and it was an experience I will never forget!

[caldwellb02]

I have been working with NACA supposedly for 3 months. When I look at my file, the budget they supposedly submitted to chase (on April 24th) is nothing like what I submitted, although the proposed mod rate would be cool. When I call NACA these days they just say Chase received the paperwork, and don't call us, we'll call you. Today on a lark I signed up for the LA NACA meeting (which is a 10 hr drive from my home). When I submited, they asked if I was already working with NACA. I put in my member ID and they are asking me to submit all of my paperwork - no record that they are working on my case. I THINK THIS IS A SHAM. I THINK THEY (NACA) GET PAID PER PERSON THEY TALK TO. I HAVE NEVER NEVER HEARD OF ANYONE HAVING SUCCESS WITH THEM. Sorry for the caps, but Be Careful!

[Evan Bedard]

cadwellb02,

I THINK THIS IS A SHAM. I THINK THEY (NACA) GET PAID PER PERSON THEY TALK TO. I HAVE NEVER NEVER HEARD OF ANYONE HAVING SUCCESS WITH THEM

NACA is an awesome non-profit organization and has helped more homeowners then I can count achieve modifications. If you read around the forum you will find MANY success stories that came from NACA...

[Blackcandt]

I can honestly tell you that I seen thousands of people yesterday that were helped by NACA and some even fell to their feet in tears. It was truly amazing. The most important thing to me is being able to sit with a rep from your lender face to face that has the power to actually do something. There were plenty of reps there from all the major banks.

Caldwell,
When NACA submitted back in April did you follow up and check your submission online? You can check the status of your modification online. If you have a NACA id you should be in the system. I would suggest maybe sitting up another phone counseling appt and make sure they have everything.

[Marie T]

hmmm.....I just checked my "status" online at the NACA website...I do have a NACA ID number and password and I just get a screen that pops up about getting the paperwork submitted which I did quite some time ago. Is it actually supposed to show some kind of status? They did tell me they had submitted my file last month so I hope that is positive. I would be so happy to get a 2% for 5 years and would love to be able to talk directly to a "decisionmaker" from WAMU/Chase!!

Maxie (on another thread here) said when she talked to someone at NACA they told her they had about a 62% (I think that's the number) success rate with Chase modifications, much higher with B of A since they have some partnership with B of A.

[donnac]

who is naca

[Blackcandt]

Marie T, yes I think their number is lower for Chase than for Citi and BofA. I can tell you that Chase had a room full of reps there and ready to assist and since this tour kicked off one can only hope they will become more on board and the success rate will only grow. They told me at the event to go online and check my status and also to call on Monday. I went online and my status now says File Submitted to Servicer. You may want to check with them and ask why yours doesnt say that.

I did a little research of my own and Lasalle Bank was bought by Bank of America. My investor is Lasalle Bank. EMC rep told me that Lasalle Bank doesnt participate in the MHA program. So today I called the Hope Hotline and was told No they dont but they are under BofA and they do participate. So now I have some more questions but either way I am happy that I got to sit down and talk to someone and it really did give me hope after attending the event.

[donnac]

What website do you go on to find out the status of your modification

[caldwellb02]

Ok Evan. I hear you. I will call NACA tomorrow and set up another counseling appointment. Last I called for a status check they said not to call them - that they submitted a modification proposal to Chase on April 24th, that Chase said they were reviewing it, and that they (NACA) would contact me if there is any info. The guy was pretty discouraging but now that I think of it maybe he was having a bad day. I hope you are right Evan. I hope I get some different info tomorrow.

I would drive 10 hrs to a workshop in LA if there was any hope I could be helped. I'm going into default this month and it is totally against everything in me to do so but Chase has been a nightmare. (You might have noticed I've been posting alot this weekend. I am crazed.).

Barbara

[Blackcandt]

Barbara,
I will keep you updated on my results from the home save tour and if I get my answer this week then I would highly advise you to go and attend the tour. It would be so worth it for the peace of mind.

[cycle87]

Blackcandt,
Can you share some numbers for us if you don't mind?
How much is your DTI ratio? how much rate did you get from them?
Is the number you got is 31% of income?
thanks in advance

[Blackcandt]

Sure please read my other post entitled EMC/Chapter 13. Ill update the details there.

[caldwellb02]

Blackcandt - thank you. I have e-mailed and called NACA again. I've reserved a place on their tour in San Francisco. But I need to figure out where I am with them and they just aren't responding. It's pretty frustrating. I'll be very interested to hear your results.

Thanks again.

[Blackcandt]

donnac,
NACA is a non-profit company that works to get you a loan modification. Go to NACA.com and watch the video on the home save tour that should explain alot for you. If you click on the home save tab it will show you the process to go through them. I am trying them and going through EMC by myself. I figure it can't hurt to have two things going at once. So far no news but I will keep you posted.

[RSMMOM]

MarieT,
I had the same issue when trying to find out our status with NACA but I figured out you go to the status page, key in your ID# and password and the page with the paperwork info. will pop up (like you said) then look on the left side and click on Process and the Step 1-8or9 pops up scroll down and it should say which step you are in. When I do this I get to Step 5 and at the end of the description of the Step it says "Pending" for our file. The next Step for us is "Submitted to Servicer" and maybe we will get there someday BEFORE we are saying "Oh yea, I remember that house we used to live in!" Hope this helps!

[caldwellb02]

Has ANYONE been successful at reaching NACA via phone, leaving a message (and them returning it) or e-mail recently? If so, how did you do it? I don't understand why they aren't responding....

[RSMMOM]

I have e-mailed and left messages with NO reply! ???????

[snoop78]

Originally Posted by caldwellb02

Has ANYONE been successful at reaching NACA via phone, leaving a message (and them returning it) or e-mail recently? If so, how did you do it? I don't understand why they aren't responding....

i have been through the same thing with naca called back in march they took my info called me back and told me what to submit and when i called them they asked me if i submitted my documents i told them i did then they said wait to hear from chase they called me with the trial modification but were not to keen on giving me anything else. we were going to go to the tour but we are simply tired of chase maybe if we had a lender that would not take us around the world we would but i just don't have any confidence with naca or chase

[Blackcandt]

Right now they are swamped with the Home Save Tour. Most of the reps and counselors are out on tour. So that leaves the rest trying to handle all the phone calls and emails. From my understanding it is taking longer to get a phone counseling session as well. If you want to talk to them that would be my suggestion is to schedule a phone counseling session and when they call you can discuss whatever you need to.