a question about NACA - Loan Modification Forum

pdsfoley · 04-06-2009, 08:13 AM

had a phone appt set for this A.M. they did not call....Is that typical? What next? Thanks for any info.

dthom · 04-06-2009, 08:17 AM

They called me about a half hour late for one appt. but never missed altogether, but I have read some other threads where they didn't get the call,but I don't think it is routine. i would try calling them. You may have to be on hold for a while so be patient.

pdsfoley · 04-06-2009, 08:19 AM

Thanks......I assume the # is on the website?...

denised · 04-06-2009, 08:23 AM

One of my calls was even an hour late. Also they are east coast I think.
The first time I scheduled my appointment (we are on west coast) they called 3 hours early then I figured out that the appointment set on web is East Coast.

dthom · 04-06-2009, 09:30 AM

pdsfoley

You can call NACA at 1-888-302-6222. Be sure to have your NACA ID number handy.

hockey17 · 04-06-2009, 10:53 AM

I am sure you got an e-mail but due to technical difficulties all phone appt were canceled today.

CW California · 04-06-2009, 11:11 AM

I have a phone appointment scheduled today too but I didn't get an email.

tobias030 · 04-06-2009, 02:41 PM

hi, they did send an e mail, i had an appt for this morning and had to re-schedule, they said they had tech difficulties

good luck

pavon4 · 04-06-2009, 02:52 PM

hi, how do you get a naca id number is there a fee to pay?

sarge · 04-06-2009, 03:04 PM

Go here and start the process. Its free.

https://www.naca.com/refinance/refinanceTenStep.jsp

FLgata · 04-06-2009, 03:21 PM

Hi Pdsfoley,

After you fill out the online submission, they will email you your NACA ID#. If you fax all the requested documents, you will be able to print out a prepared fax cover sheet from their site which will also have your ID# on it.

pavon4 · 04-06-2009, 03:28 PM

thank you so much because my brain is soooo tired of thinking on its own

pdsfoley · 04-08-2009, 02:49 PM

OK I had another phone appt set for this morning NO call...wonder whats up??

teenut · 04-08-2009, 03:36 PM

I was advised to set up 3 appt. 1st 2nd and 3rd choice. Did you set up 3 or just 1?? I know they are extremely overwhelmed right now so dont give up. It took me several weeks for the phone appt, but they did always call.

FLgata · 04-09-2009, 02:43 AM

When I was scheduling my phone appointments, I always entered the date/time I wanted as my FIRST and SECOND choice. Then for my third choice, I picked the next avaiable appointment. I never had any problems, although I'm sure they weren't as busy then as they are now.

pdsfoley · 05-29-2009, 08:42 AM

Has anyone gone through the NACA process and been denied?? Or is everyone eventually getting the restructure? It crossed my mind last night....Like I said...I'm not really sure I want to know the answer to my question...

Rumor · 05-29-2009, 08:56 AM

Would you believe that the same question has been on my mind for the past couple of days....CW updated Naca and said that CW will review if eligible for modification and that scared me. Do they deny everyone the way they have a tendency to do while trying to get a modification thru CW or are they pretty much obligitated to help out in some way.

dthom · 05-29-2009, 09:56 AM

That same question has crossed my mind many times over the last 4 months. But I have not seen anyone here who was denied when going thru NACA. But still when it takes so long you can't help but wonder.............
I know my file is being reviewed at CW,as investor wanted to review and so did mortgage insurer, but it was sent to them on the 15th and as of yesterday still no word.

tandm · 05-29-2009, 10:01 AM

I haven't seen anyone denied either. No one's ever written NACA hasn't helped them that I've seen and I've been pretty diligent about looking. Knock on wood. Let's hope it doesn't start with our batch!

Cassietw · 05-29-2009, 10:04 AM

I think the only one's I have seen where someone stated they couldn't help was because they could actually afford the payment and it appeared they were only doing it in hopes of a principal reduction as they felt cheated having a mortgage higher than the value.

Or that they had investment property....Other than that, I haven't seen one where the lender did not do some sort of restructure using NACA.

Good luck everyone! Knocking on wood too!!!

tandm · 05-29-2009, 10:14 AM

Yes - I've seen a few people be told NACA can't help them if they have another property - but I've not seen anyone actually not get a good offer after NACA said they could help them.

Our neighbor is also going through NACA and she was told that they are bringing in quite a few new loans to BofA and that is also helping them to get our loans restructured - they are giving business to them as well.

denised · 05-29-2009, 07:40 PM

knock knock knock
on wood for all!

04-06-2009, 08:13 AM	#1 (permalink)
pdsfoley Senior Member Join Date: Feb 2009 Posts: 403	a question about NACA had a phone appt set for this A.M. they did not call....Is that typical? What next? Thanks for any info.

04-06-2009, 08:17 AM	#2 (permalink)
dthom Senior Member Join Date: Oct 2008 Location: St.Clair Shores,Michigan Posts: 696	Re: a question about NACA They called me about a half hour late for one appt. but never missed altogether, but I have read some other threads where they didn't get the call,but I don't think it is routine. i would try calling them. You may have to be on hold for a while so be patient.

04-06-2009, 08:19 AM	#3 (permalink)
pdsfoley Senior Member Join Date: Feb 2009 Posts: 403	Re: a question about NACA Thanks......I assume the # is on the website?...

04-06-2009, 08:23 AM	#4 (permalink)
denised Senior Member Join Date: Jan 2009 Location: Santa Cruz County, California Posts: 387	Re: a question about NACA One of my calls was even an hour late. Also they are east coast I think. The first time I scheduled my appointment (we are on west coast) they called 3 hours early then I figured out that the appointment set on web is East Coast.

04-06-2009, 09:30 AM	#5 (permalink)
dthom Senior Member Join Date: Oct 2008 Location: St.Clair Shores,Michigan Posts: 696	Re: a question about NACA pdsfoley You can call NACA at 1-888-302-6222. Be sure to have your NACA ID number handy.

04-06-2009, 10:53 AM	#6 (permalink)
hockey17 Senior Member Join Date: Feb 2009 Posts: 36	Re: a question about NACA I am sure you got an e-mail but due to technical difficulties all phone appt were canceled today.

04-06-2009, 11:11 AM	#7 (permalink)
CW California Senior Member Join Date: Feb 2009 Location: SoCal Posts: 1,124	Re: a question about NACA I have a phone appointment scheduled today too but I didn't get an email.

04-06-2009, 02:41 PM	#8 (permalink)
tobias030 Member Join Date: Mar 2009 Posts: 21	Re: a question about NACA hi, they did send an e mail, i had an appt for this morning and had to re-schedule, they said they had tech difficulties good luck

04-06-2009, 02:52 PM	#9 (permalink)
pavon4 Junior Member Join Date: Apr 2009 Posts: 2	Re: a question about NACA hi, how do you get a naca id number is there a fee to pay?

04-06-2009, 03:04 PM	#10 (permalink)
sarge Senior Member Join Date: Mar 2009 Location: Coastal NC Posts: 307	Re: a question about NACA Go here and start the process. Its free. https://www.naca.com/refinance/refinanceTenStep.jsp

04-06-2009, 03:21 PM	#11 (permalink)
FLgata Senior Member Join Date: Oct 2008 Location: Bonita Springs, Florida Posts: 321	Re: a question about NACA Hi Pdsfoley, After you fill out the online submission, they will email you your NACA ID#. If you fax all the requested documents, you will be able to print out a prepared fax cover sheet from their site which will also have your ID# on it.

04-06-2009, 03:28 PM	#12 (permalink)
pavon4 Junior Member Join Date: Apr 2009 Posts: 2	Re: a question about NACA thank you so much because my brain is soooo tired of thinking on its own

04-08-2009, 02:49 PM	#13 (permalink)
pdsfoley Senior Member Join Date: Feb 2009 Posts: 403	Re: a question about NACA OK I had another phone appt set for this morning NO call...wonder whats up??

04-08-2009, 03:36 PM	#14 (permalink)
teenut Senior Member Join Date: Feb 2009 Posts: 261	Re: a question about NACA I was advised to set up 3 appt. 1st 2nd and 3rd choice. Did you set up 3 or just 1?? I know they are extremely overwhelmed right now so dont give up. It took me several weeks for the phone appt, but they did always call.

04-09-2009, 02:43 AM	#15 (permalink)
FLgata Senior Member Join Date: Oct 2008 Location: Bonita Springs, Florida Posts: 321	Re: a question about NACA When I was scheduling my phone appointments, I always entered the date/time I wanted as my FIRST and SECOND choice. Then for my third choice, I picked the next avaiable appointment. I never had any problems, although I'm sure they weren't as busy then as they are now.

05-29-2009, 08:42 AM	#16 (permalink)
pdsfoley Senior Member Join Date: Feb 2009 Posts: 403	Not sure I want to know... Has anyone gone through the NACA process and been denied?? Or is everyone eventually getting the restructure? It crossed my mind last night....Like I said...I'm not really sure I want to know the answer to my question...

05-29-2009, 08:56 AM	#17 (permalink)
Rumor Senior Member Join Date: Feb 2009 Posts: 442	Re: a question about NACA Would you believe that the same question has been on my mind for the past couple of days....CW updated Naca and said that CW will review if eligible for modification and that scared me. Do they deny everyone the way they have a tendency to do while trying to get a modification thru CW or are they pretty much obligitated to help out in some way.

05-29-2009, 09:56 AM	#18 (permalink)
dthom Senior Member Join Date: Oct 2008 Location: St.Clair Shores,Michigan Posts: 696	Re: a question about NACA That same question has crossed my mind many times over the last 4 months. But I have not seen anyone here who was denied when going thru NACA. But still when it takes so long you can't help but wonder............. I know my file is being reviewed at CW,as investor wanted to review and so did mortgage insurer, but it was sent to them on the 15th and as of yesterday still no word.

05-29-2009, 10:01 AM	#19 (permalink)
tandm Senior Member Join Date: Jan 2009 Location: Orange County, CA Posts: 163	Re: a question about NACA I haven't seen anyone denied either. No one's ever written NACA hasn't helped them that I've seen and I've been pretty diligent about looking. Knock on wood. Let's hope it doesn't start with our batch!

05-29-2009, 10:04 AM	#20 (permalink)
Cassietw Senior Member Join Date: Feb 2009 Location: Foothills-Los Angeles Posts: 481	Re: a question about NACA I think the only one's I have seen where someone stated they couldn't help was because they could actually afford the payment and it appeared they were only doing it in hopes of a principal reduction as they felt cheated having a mortgage higher than the value. Or that they had investment property....Other than that, I haven't seen one where the lender did not do some sort of restructure using NACA. Good luck everyone! Knocking on wood too!!!

05-29-2009, 10:14 AM	#21 (permalink)
tandm Senior Member Join Date: Jan 2009 Location: Orange County, CA Posts: 163	Re: a question about NACA Yes - I've seen a few people be told NACA can't help them if they have another property - but I've not seen anyone actually not get a good offer after NACA said they could help them. Our neighbor is also going through NACA and she was told that they are bringing in quite a few new loans to BofA and that is also helping them to get our loans restructured - they are giving business to them as well.

05-29-2009, 07:40 PM	#22 (permalink)
denised Senior Member Join Date: Jan 2009 Location: Santa Cruz County, California Posts: 387	Re: a question about NACA knock knock knock on wood for all!

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