Comments on: The Neighborhood Assistance Corporation of America (”NACA”) & Countrywide’s New Deal http://loanworkout.org/2007/10/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/ Loan Modification & Home Loan News Fri, 20 Nov 2009 12:55:43 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: Terri http://loanworkout.org/2007/10/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-17788 Terri Wed, 28 Oct 2009 19:15:53 +0000 http://loanworkout.org/2007/10/29/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-17788 I received an ARM since NACA did not assist me. My loan is with US Bank I received an ARM since NACA did not assist me. My loan is with US Bank

]]> By: Jennifer http://loanworkout.org/2007/10/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-17641 Jennifer Mon, 26 Oct 2009 02:46:46 +0000 http://loanworkout.org/2007/10/29/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-17641 Sure NACA can help restructure your home loan and they maybe able to stop a foreclosure or auction. Huh! you should here some of the horror stories for the 10's of thousand who don't get help? Oh and the employee's include some people who are not qualified to counsel anyone due to lack of education, drug and/or alcohol addiction, or criminal activity. Naca doesn't screen these people and they have access to members SS #'s, address, bank accounts, credit cards, etc. Did you know that NACA's employee's are abused. They are forced to work 17 hours a day - forced to leave their families for weeks and even a month at a time. Just recently they were taken to the west coast, 3000 miles away from ther families for an estimated 30 days. Get this, they were promised $800/week but after working at the first stop in Los Angeles they were told that they'd be paid $10/hr, some didn't get paid at all, "due to payroll issues" they said. Now get this, the employee's were threatened, in writing, that if they got sick or had a family emergency they would be sent home by bus (a 3 day trip). Naca employee's were threatened by the slave master Bruce Marks. They were told, after working from 8am - 1am that they had to report to work by 7:30am the next morning or be fired and sent back to the east coast by bus. He equated the long working hours to a Beyonce tour. Exclaiming that Beyonce worked long hours while on tour. Heck if they made Beyonce money it would be worth it. Hey Bruce Beyonce doesn't work 17 hours a day four days in row even while on tour and $10/hr is unfair and can easily be considered modern slavery............ especially when most of your employee's are African Americans or hispanic. Sure NACA can help restructure your home loan and they maybe able to stop a foreclosure or auction. Huh! you should here some of the horror stories for the 10’s of thousand who don’t get help? Oh and the employee’s include some people who are not qualified to counsel anyone due to lack of education, drug and/or alcohol addiction, or criminal activity. Naca doesn’t screen these people and they have access to members SS #’s, address, bank accounts, credit cards, etc. Did you know that NACA’s employee’s are abused. They are forced to work 17 hours a day – forced to leave their families for weeks and even a month at a time. Just recently they were taken to the west coast, 3000 miles away from ther families for an estimated 30 days. Get this, they were promised $800/week but after working at the first stop in Los Angeles they were told that they’d be paid $10/hr, some didn’t get paid at all, “due to payroll issues” they said. Now get this, the employee’s were threatened, in writing, that if they got sick or had a family emergency they would be sent home by bus (a 3 day trip). Naca employee’s were threatened by the slave master Bruce Marks. They were told, after working from 8am – 1am that they had to report to work by 7:30am the next morning or be fired and sent back to the east coast by bus.

He equated the long working hours to a Beyonce tour. Exclaiming that Beyonce worked long hours while on tour. Heck if they made Beyonce money it would be worth it. Hey Bruce Beyonce doesn’t work 17 hours a day four days in row even while on tour and $10/hr is unfair and can easily be considered modern slavery………… especially when most of your employee’s are African Americans or hispanic.

]]> By: Bryan Haskin http://loanworkout.org/2007/10/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-15240 Bryan Haskin Mon, 15 Jun 2009 20:47:31 +0000 http://loanworkout.org/2007/10/29/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-15240 Barney Frank, Chris Dodd, ACORN, Greenspann, Obama, Fannie Mae, Freddie Mac, Countrywide, and AIG. These are the figure heads of this crisis. Like it or not had they not pushed for Lower standards and cost of lending Frank / Dodd, greenspann wouldn't have dropped rates so much. ACORN wouldn't be out there with Obama backing them gathering together everyone and their dog to get a house they can't afford. It's not just the payment people it's the upkeep and increased expenses like gas and utilities. Fannie and Freddie would not have any crap paper to buy up at AAA credit rating prices from AIG and CW. Everyone should have a shot to keep what they have made payments on but there is a limit. For some people, if there were no bubble, you would not have had that great job in the first place. You should have saved when times were good. Barney Frank, Chris Dodd, ACORN, Greenspann, Obama, Fannie Mae, Freddie Mac, Countrywide, and AIG. These are the figure heads of this crisis. Like it or not had they not pushed for Lower standards and cost of lending Frank / Dodd, greenspann wouldn’t have dropped rates so much. ACORN wouldn’t be out there with Obama backing them gathering together everyone and their dog to get a house they can’t afford. It’s not just the payment people it’s the upkeep and increased expenses like gas and utilities. Fannie and Freddie would not have any crap paper to buy up at AAA credit rating prices from AIG and CW. Everyone should have a shot to keep what they have made payments on but there is a limit. For some people, if there were no bubble, you would not have had that great job in the first place. You should have saved when times were good.

]]> By: Steve p. http://loanworkout.org/2007/10/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-7024 Steve p. Mon, 16 Jun 2008 17:17:56 +0000 http://loanworkout.org/2007/10/29/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-7024 There is only one way for homeowners to get out of their mortgages, vigorously and aggressively. I am a homeowner and I am currently going through foreclosure proceedings and I continue to blog what can seemingly be the best help for us homeowners in need of help now-not later... I have joined an on-line homeowners association with members dedicated to help each other to pay our mortgages and we are over 4,800 members now and growing. The on-line nationwide fundraiser that will be conducted to save all homeowners in need and who are members of OMASH.org, will save their homes and we are glad that as homeoewners helping homeowners, we found a way to get through this and save ourselves. Any homeowner who is facing default and foreclosure should review this site and become a member of homeowners helping homeowners, it's our only way out and being able to live again. Blessings. See www.OMASH.org There is only one way for homeowners to get out of their mortgages, vigorously and aggressively. I am a homeowner and I am currently going through foreclosure proceedings and I continue to blog what can seemingly be the best help for us homeowners in need of help now-not later…
I have joined an on-line homeowners association with members dedicated to help each other to pay our mortgages and we are over 4,800 members now and growing. The on-line nationwide fundraiser that will be conducted to save all homeowners in need and who are members of OMASH.org, will save their homes and we are glad that as homeoewners helping homeowners, we found a way to get through this and save ourselves.
Any homeowner who is facing default and foreclosure should review this site and become a member of homeowners helping homeowners, it’s our only way out and being able to live again.
Blessings.

See http://www.OMASH.org

]]> By: tim http://loanworkout.org/2007/10/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-1205 tim Sat, 10 May 2008 14:52:24 +0000 http://loanworkout.org/2007/10/29/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-1205 You have one year from the date of rescission notice to file a lawsuit in the courts to enforce the rescission but, if you are under foreclosure now, you must move fast! If you have received the notice of sale, you must consult your local court law library for the laws, talking with the law clerks who should be able point you to your local laws. Then contact the courts and notify them immediately of your intent to defend against the action and at that time, present the complaint onto the court as your defense or file the complaint as soon and as quick as you can. I am not a lawyer but am suing my lender for mortgage loan document forgery and mortgage fraud, the dirty rotten sobs have perpetrated against my once very good credit. RESPA & TILA laws are very complex, you really should try to find an honest lawyer, though, we have had no luck here in Maryland because most are corrupt or work for the creditor behind your back or want to lend you the same creditors money or, if they are not currently working for the creditor, they will be by the time it is all over so be careful if the lawyer takes your case and then does nothing, this is what they do, the corrupt lawyer usually will fleece you for every penny you have so you then have no….money and then, after he strips you of the money, he allow the trustee to sell the property or, encourages you to refinance, never assisting you with the RESA and TILA lawsuit, or, this is what has happened to us! Be careful of corrupt bankruptcy judges and trustees if you are thinking about going this way. There is a more sophisticated consumer scam known as the bankruptcy foreclosure scam wherein your lawyer, the bk trustee and judge conspire to steal your property and force you into a life of high cost credit! How the scam works, you innocently find one of these corrupt lawyers for whom most practicing bk in our area are dirty, rotten and corrupt sobs because they must join the corrupt thing known as the “bankruptcy club”,(do your research, this is a club of corrupt judges, trustees and outside lawyers who serve victims up to these clubs); the would be consumer lawyer generally lends money for your….lender with the lawyer failing to ever tell the consumer they have a conflict of interest. Once the corrupt lawyer files the stay for you the victim, he then does nothing…..tells you nothing, does not assist with the schedules, files nothing but begins to work with the corrupt trustee wherein they both collude together to harm you under the courts eyes with the corrupt judge presiding over the whole thing but, essentially, they collude to have the case dismissed making you out to be the villain so they have scared you in the judicial eyes of all courts. If you make to the 341 meeting, you are then met by the corrupt trustee who also, without you knowing, works for your same lender or most of your creditors, and this corrupt trustee ignores your TILA and RESPA claims; and, the screwed up BK draconic laws, essentially allow him to ignore your claims; he will have no part of litigating your claim and will shut you up but quick! The lender now has you where he wants you, in the bk club…..with the judge being placed there to hear a particular lender/investment banks cases exclusively. The corrupt judge, then works in tandem with your lawyer who is to first get you to refi the loan in order to cause you to waive your legal recourses; should you have figured out what is going on, and refuse the refi, then the lender seeks the lift stay, your lawyer may appoint himself as special counsel to the trustee, to make sure you are silenced, and then the judge orders the property sold; be very, very, very careful because you are dealing with the mafia and consumers and honest lawyers have been killed! If you are already there, or in bk and this is happening, motion to dismiss your case and file lawsuit in your circuit court; the courts cannot force a discharge on you. Good luck, Best R, k You have one year from the date of rescission notice to file a lawsuit in the courts to enforce the rescission but, if you are under foreclosure now, you must move fast! If you have received the notice of sale, you must consult your local court law library for the laws, talking with the law clerks who should be able point you to your local laws. Then contact the courts and notify them immediately of your intent to defend against the action and at that time, present the complaint onto the court as your defense or file the complaint as soon and as quick as you can. I am not a lawyer but am suing my lender for mortgage loan document forgery and mortgage fraud, the dirty rotten sobs have perpetrated against my once very good credit. RESPA & TILA laws are very complex, you really should try to find an honest lawyer, though, we have had no luck here in Maryland because most are corrupt or work for the creditor behind your back or want to lend you the same creditors money or, if they are not currently working for the creditor, they will be by the time it is all over so be careful if the lawyer takes your case and then does nothing, this is what they do, the corrupt lawyer usually will fleece you for every penny you have so you then have no….money and then, after he strips you of the money, he allow the trustee to sell the property or, encourages you to refinance, never assisting you with the RESA and TILA lawsuit, or, this is what has happened to us! Be careful of corrupt bankruptcy judges and trustees if you are thinking about going this way. There is a more sophisticated consumer scam known as the bankruptcy foreclosure scam wherein your lawyer, the bk trustee and judge conspire to steal your property and force you into a life of high cost credit! How the scam works, you innocently find one of these corrupt lawyers for whom most practicing bk in our area are dirty, rotten and corrupt sobs because they must join the corrupt thing known as the “bankruptcy club”,(do your research, this is a club of corrupt judges, trustees and outside lawyers who serve victims up to these clubs); the would be consumer lawyer generally lends money for your….lender with the lawyer failing to ever tell the consumer they have a conflict of interest. Once the corrupt lawyer files the stay for you the victim, he then does nothing…..tells you nothing, does not assist with the schedules, files nothing but begins to work with the corrupt trustee wherein they both collude together to harm you under the courts eyes with the corrupt judge presiding over the whole thing but, essentially, they collude to have the case dismissed making you out to be the villain so they have scared you in the judicial eyes of all courts. If you make to the 341 meeting, you are then met by the corrupt trustee who also, without you knowing, works for your same lender or most of your creditors, and this corrupt trustee ignores your TILA and RESPA claims; and, the screwed up BK draconic laws, essentially allow him to ignore your claims; he will have no part of litigating your claim and will shut you up but quick! The lender now has you where he wants you, in the bk club…..with the judge being placed there to hear a particular lender/investment banks cases exclusively. The corrupt judge, then works in tandem with your lawyer who is to first get you to refi the loan in order to cause you to waive your legal recourses; should you have figured out what is going on, and refuse the refi, then the lender seeks the lift stay, your lawyer may appoint himself as special counsel to the trustee, to make sure you are silenced, and then the judge orders the property sold; be very, very, very careful because you are dealing with the mafia and consumers and honest lawyers have been killed! If you are already there, or in bk and this is happening, motion to dismiss your case and file lawsuit in your circuit court; the courts cannot force a discharge on you. Good luck, Best R, k

]]> By: turkadult http://loanworkout.org/2007/10/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-7023 turkadult Tue, 04 Dec 2007 16:08:39 +0000 http://loanworkout.org/2007/10/29/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-7023 <strong>Alan Keyes shines at Values...</strong> Alan Keyes shines at Values Voter Debaterenewamerica.us, DC -3 hours agoAt that time, in an interview on MSNBC Barack Obama was asked... Alan Keyes shines at Values…

Alan Keyes shines at Values Voter Debaterenewamerica.us, DC -3 hours agoAt that time, in an interview on MSNBC Barack Obama was asked…

]]> By: Ginny http://loanworkout.org/2007/10/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-7020 Ginny Fri, 16 Nov 2007 03:31:28 +0000 http://loanworkout.org/2007/10/29/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-7020 Dear Joseph, You need to understand that if there was no place to sell the risky loans, then the loans would have never been made abailable. Greed is what has cause all of the mess, not loan brokers, or borrowers who purchased homes, or even companies like Countrywide. I am a loan underwriter with 17 years expereince. I am now unemployed because stupid programs were created where people could use "stated income" and some times "stated assets" to buy pricple residences and even investment properties. Then 100% 80/20 programs came into play... no money down, what a risk. Then the fico scores for the programs got lower and lower. Underwriters like myself were outraged yet could not do anything about it because those were the "guidelines" and loans would be purchased by companies that sold to Wall Street, mortgage backed sedurities, all fueled by GREED ! Now there is a good chance I will lose 2 homes, yes I have 2, I saved and bought a home where I hoped to retire some day. I lived well within my means and now luckily I have saivings, but when it runs out I will be screwed as I will not be able to get a job in my industry for years. I have no degree and my resume says MORTGAGE UNDERWRITER, 17 years experience.. I am now clening houses to supplement my unemployment. So please understand this was all caused by GREED with Angelo types fueling and profiting by it. I was an employee of CFC for over 8 years ad know Mr. M and his bow tie personally. Greed and people who want it all and can not afford it. Our society has created way too much credit over the last 10 years. Look at the deficti. Please say a prayer for all these people inclding myself that we will find somewhere to live, there are thousands like me out of work underwriters with kids and pets where are we to go ????? Dear Joseph, You need to understand that if there was no place to sell the risky loans, then the loans would have never been made abailable. Greed is what has cause all of the mess, not loan brokers, or borrowers who purchased homes, or even companies like Countrywide. I am a loan underwriter with 17 years expereince. I am now unemployed because stupid programs were created where people could use “stated income” and some times “stated assets” to buy pricple residences and even investment properties. Then 100% 80/20 programs came into play… no money down, what a risk. Then the fico scores for the programs got lower and lower. Underwriters like myself were outraged yet could not do anything about it because those were the “guidelines” and loans would be purchased by companies that sold to Wall Street, mortgage backed sedurities, all fueled by GREED ! Now there is a good chance I will lose 2 homes, yes I have 2, I saved and bought a home where I hoped to retire some day. I lived well within my means and now luckily I have saivings, but when it runs out I will be screwed as I will not be able to get a job in my industry for years. I have no degree and my resume says MORTGAGE UNDERWRITER, 17 years experience.. I am now clening houses to supplement my unemployment. So please understand this was all caused by GREED with Angelo types fueling and profiting by it. I was an employee of CFC for over 8 years ad know Mr. M and his bow tie personally. Greed and people who want it all and can not afford it. Our society has created way too much credit over the last 10 years. Look at the deficti. Please say a prayer for all these people inclding myself that we will find somewhere to live, there are thousands like me out of work underwriters with kids and pets where are we to go ?????

]]> By: juzlfpok http://loanworkout.org/2007/10/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-7019 juzlfpok Sat, 10 Nov 2007 01:58:25 +0000 http://loanworkout.org/2007/10/29/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-7019 bobdwibo [URL=<a href="http://hyrctrhu.com]adtionhv[/URL" rel="nofollow">http://hyrctrhu.com]adtionhv[/URL</a>] tkehxmqm <a href="http://patxdhdk.com" rel="nofollow">http://patxdhdk.com</a> fmndgieb kqjgnojo bobdwibo [URL=http://hyrctrhu.comadtionhv/URL] tkehxmqm http://patxdhdk.com fmndgieb kqjgnojo

]]> By: Joseph http://loanworkout.org/2007/10/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-7018 Joseph Sat, 10 Nov 2007 01:34:59 +0000 http://loanworkout.org/2007/10/29/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-7018 As a Countrywide customer, I had read something about this NACA...well, I certainly understand why an organization would exist to help folks out...but I just read your 10/29 entry above and I am disgusted by it. Why don't people feel accountable for what they do? Yes, I'm sure there are instances where loan brokers force a loan on folks, but most of these loans were done by people who wanted the home they were purchasing, or needed cash out to consolidated credit cards and the like. Americans need to take responsibility for their own actions and not bank on some organization to bail them out. As a Countrywide customer, I had read something about this NACA…well, I certainly understand why an organization would exist to help folks out…but I just read your 10/29 entry above and I am disgusted by it. Why don’t people feel accountable for what they do? Yes, I’m sure there are instances where loan brokers force a loan on folks, but most of these loans were done by people who wanted the home they were purchasing, or needed cash out to consolidated credit cards and the like. Americans need to take responsibility for their own actions and not bank on some organization to bail them out.

]]> By: yukkdmat http://loanworkout.org/2007/10/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-7017 yukkdmat Fri, 09 Nov 2007 01:43:11 +0000 http://loanworkout.org/2007/10/29/the-neighborhood-assistance-corporation-of-america-naca-countrywides-new-deal/#comment-7017 cjtwrqdr <a href="http://shkwtrnb.com" rel="nofollow">http://shkwtrnb.com</a> hsszwers lpeqpilu zgitzgra [URL=<a href="http://qhvjplbe.com]olalefvs[/URL" rel="nofollow">http://qhvjplbe.com]olalefvs[/URL</a>] cjtwrqdr http://shkwtrnb.com hsszwers lpeqpilu zgitzgra [URL=http://qhvjplbe.comolalefvs/URL]

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