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  1. #1
    Member thetiger's Avatar
    Join Date
    Jul 2012
    Location
    Charlotte, NC
    Posts
    8

    Working with NACA to get Bank of America to consider a modification!

    The following statement was posted in myweb file "NACA and Member please be advised file has passed income verification, now pending decision." Is this a good sign? They are still going forward with the foreclosure but I was informed that the modification process must be complete before any final decisions regarding foreclosure are made...thoughts anyone!

  2. #2
    Mortgage Wars Cat Damiano's Avatar
    Join Date
    Sep 2007
    Location
    Colorado
    Posts
    9,949
    thetiger,


    Have you been in touch with your NACA rep yet? You should contact them to go over the process and steps with you so they can let you know what comes next for your file. The steps are also outlined here;

    https://www.nacalynx.com/nacaWeb/ref...aspx?language=
    Best Regards,

    Cat Damiano
    LoanSafe.org Moderator

    The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.

  3. #3
    Senior Member lwillhite's Avatar
    Join Date
    Dec 2010
    Location
    Charlotte, NC
    Posts
    118
    The modification department will continue to work on providing you with a work out option, however the foreclosure department will continue to send you collections letters. If you receive a letter stating that you have an auction date you will need to contact NACA immediately so we can have the auction postponed.
    Tim Trumble
    Online Operations, NACA
    http://forums.naca.com

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