Comments on: Does NACA lie to homeowners and the media? YES! http://loanworkout.org/2009/10/does-naca-lie-to-homeowners-and-the-media-yes/ - Free Mortgage, Auto and Student loan Calculators by LoanWorkout.org Tue, 18 Oct 2011 02:57:27 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: pattie http://loanworkout.org/2009/10/does-naca-lie-to-homeowners-and-the-media-yes/#comment-31509 pattie Fri, 03 Jun 2011 18:04:20 +0000 http://loanworkout.org/?p=6350#comment-31509 NACA is back in LA June 2-6. We went to try and get help numerous times last time they were in LA. But received no assistance at all. Seems that they only help people that are behind on their loans. Not those who have tried to keep current on their loans from barowing from family, draining savings, selling everything they have, doing without food and medical necessities..... Just to keep current on their mortgage. We definitely can not keep up with our bills and mortgage due to pay and hour cuts and high medical costs. Yet we were told by Naca, the only way they could help us is if we stop paying our mortgage. On top of everything else, we do not want to take a chance in loosing our home. But that is what NACA is asking to MAYBE help us get a lower interest rate and lower the payment. Can this deceptive practice be looked into? Shouldn't they also be helping the people who are "trying to do the right thing" and pay the people they owe? Is it right for them to ask you to stop paying creditors just to get help from them? Thank you so much for your time, Patricia R Its not about buying more than you can afford. Its about pay cuts, hour cuts, and just plain layoffs. Who can plan for that? If you plan to be jobless……then your mortgage should be zero dollars a month. Is that possible? Our mortgage was only 20% of our income until my husband experienced pay and hour cuts and I got a cut in disability payments. I cant work and my husband took on a second job. We are trying…..but still not making ends meet. Definitely NO money for much needed medical care. Is this OUR fault? NACA is back in LA June 2-6. We went to try and get help numerous times last time they were in LA. But received no assistance at all. Seems that they only help people that are behind on their loans. Not those who have tried to keep current on their loans from barowing from family, draining savings, selling everything they have, doing without food and medical necessities….. Just to keep current on their mortgage.

We definitely can not keep up with our bills and mortgage due to pay and hour cuts and high medical costs. Yet we were told by Naca, the only way they could help us is if we stop paying our mortgage. On top of everything else, we do not want to take a chance in loosing our home. But that is what NACA is asking to MAYBE help us get a lower interest rate and lower the payment.

Can this deceptive practice be looked into? Shouldn’t they also be helping the people who are “trying to do the right thing” and pay the people they owe? Is it right for them to ask you to stop paying creditors just to get help from them?

Thank you so much for your time,
Patricia R
Its not about buying more than you can afford. Its about pay cuts, hour cuts, and just plain layoffs. Who can plan for that? If you plan to be jobless……then your mortgage should be zero dollars a month. Is that possible? Our mortgage was only 20% of our income until my husband experienced pay and hour cuts and I got a cut in disability payments. I cant work and my husband took on a second job. We are trying…..but still not making ends meet. Definitely NO money for much needed medical care. Is this OUR fault?

]]> By: Nora Claypool http://loanworkout.org/2009/10/does-naca-lie-to-homeowners-and-the-media-yes/#comment-31099 Nora Claypool Thu, 12 May 2011 17:24:41 +0000 http://loanworkout.org/?p=6350#comment-31099 We've had no results with NACA, other than wasting a lot of time and gas driving to events where we were supposedly going to be able to sit down with our lender, face to face and work out a loan mod. After spending $70 on gas, we waited 12 hours at a Nashville event, only to find when we finally got to speak with a NACA counselor, THAT CHASE DIDN'T ATTEND! Would of been nice if they'd told us that before we bothered to drive four hours, and miss a day of work. I've come to the conclusion that NACA is far better at self-promotion than they are at actually helping people, and shame on you NACA for giving us false hope. You did nothing for us, after almost two years the bank foreclosed. I don't care if you are very busy--don't claim you help people when you really don't. Your services are free because they are worthless, you scoundrels. You get paid handsomely by the U.S. government for every loan you save, you collect membership fees and bond your participants to slavery...very bad stuff. If you ask me, you're just about as bad as the big banks who've stolen everyone's homes through fraudulent foreclosures. I am suing my bank, JP Whoregan Chase, and everyone else should too. If we all just grew a big set of brass ones and stopped making our payments, the lawsuits and lack of income will eventually bring the big banks to their collective knees. I don't feel like being a cow anymore, I'm gonna be out for punitive damages, Jamie Dimon. NACA is worse than a waste of time, it is a glimmer of hope to anxiety ridden borrowers which is then dashed on the rocks when we find their false promises of low interest rates and good term loan mods are complete baloney, and that we can't even get them on the phone, or get a scheduled call because their promises are worthless PR. Educate yourself, America: SUE! We’ve had no results with NACA, other than wasting a lot of time and gas driving to events where we were supposedly going to be able to sit down with our lender, face to face and work out a loan mod. After spending $70 on gas, we waited 12 hours at a Nashville event, only to find when we finally got to speak with a NACA counselor, THAT CHASE DIDN’T ATTEND! Would of been nice if they’d told us that before we bothered to drive four hours, and miss a day of work. I’ve come to the conclusion that NACA is far better at self-promotion than they are at actually helping people, and shame on you NACA for giving us false hope. You did nothing for us, after almost two years the bank foreclosed. I don’t care if you are very busy–don’t claim you help people when you really don’t. Your services are free because they are worthless, you scoundrels. You get paid handsomely by the U.S. government for every loan you save, you collect membership fees and bond your participants to slavery…very bad stuff. If you ask me, you’re just about as bad as the big banks who’ve stolen everyone’s homes through fraudulent foreclosures. I am suing my bank, JP Whoregan Chase, and everyone else should too. If we all just grew a big set of brass ones and stopped making our payments, the lawsuits and lack of income will eventually bring the big banks to their collective knees. I don’t feel like being a cow anymore, I’m gonna be out for punitive damages, Jamie Dimon. NACA is worse than a waste of time, it is a glimmer of hope to anxiety ridden borrowers which is then dashed on the rocks when we find their false promises of low interest rates and good term loan mods are complete baloney, and that we can’t even get them on the phone, or get a scheduled call because their promises are worthless PR. Educate yourself, America: SUE!

]]> By: Natti http://loanworkout.org/2009/10/does-naca-lie-to-homeowners-and-the-media-yes/#comment-30955 Natti Tue, 03 May 2011 19:00:58 +0000 http://loanworkout.org/?p=6350#comment-30955 Send me an email if you live in NYC and need help with NACA. I purchased a home with NACA and although I know the process can be a pain, the reward at the end is really good. For anyone in New York area, send me an email and I'll help you. I became a real estate agent recently because I wanted to help others through the NACA process.I'm really sorry so many people are getting stuck in the NACA system. mzsherwood@hotmail. Send me an email if you live in NYC and need help with NACA. I purchased a home with NACA and although I know the process can be a pain, the reward at the end is really good. For anyone in New York area, send me an email and I’ll help you. I became a real estate agent recently because I wanted to help others through the NACA process.I’m really sorry so many people are getting stuck in the NACA system. mzsherwood@hotmail.

]]> By: Diana http://loanworkout.org/2009/10/does-naca-lie-to-homeowners-and-the-media-yes/#comment-30388 Diana Wed, 30 Mar 2011 13:39:38 +0000 http://loanworkout.org/?p=6350#comment-30388 I have been with NACA since 7/2010 yes there as been ups & downs even frustrations, in the purchase program, however, the counselor I am working with is doing her best to assist me. Even with the rocky start that we had. Being in this purchase program with NACA is teaching one thing PATIENCE IS A VIRTUE. If given a chance and having patience good things will happen. Now I understand everyones frustration but it seems as if you all that have nothing good to say about NACA s because you 1. dont have patience. 2. was not organized 3. did not complete the requirements they requested which again I totally understand your frustration. The workers at NACA needs to be retrained in their customer service skills. But all in all they help on so many levels 1. Teach us patience 2. helps us get our credit straightened out. 3. keeps us on our knees praying that we dont reach over the phone or counter and touch them/ or cuss them out. But what do you expect from free service? I believe that NACA can do only but so much and yet their best is still not good enough for those that do nothing but complain about how bad NACA is because you did not have your stuff together. All I know is it sounds to me as if no one on this forum wants to be accountable for their own actions. I have been with NACA since 7/2010 yes there as been ups & downs even frustrations, in the purchase program, however, the counselor I am working with is doing her best to assist me. Even with the rocky start that we had. Being in this purchase program with NACA is teaching one thing PATIENCE IS A VIRTUE. If given a chance and having patience good things will happen. Now I understand everyones frustration but it seems as if you all that have nothing good to say about NACA s because you 1. dont have patience. 2. was not organized 3. did not complete the requirements they requested which again I totally understand your frustration. The workers at NACA needs to be retrained in their customer service skills. But all in all they help on so many levels 1. Teach us patience 2. helps us get our credit straightened out. 3. keeps us on our knees praying that we dont reach over the phone or counter and touch them/ or cuss them out. But what do you expect from free service? I believe that NACA can do only but so much and yet their best is still not good enough for those that do nothing but complain about how bad NACA is because you did not have your stuff together. All I know is it sounds to me as if no one on this forum wants to be accountable for their own actions.

]]> By: Janice http://loanworkout.org/2009/10/does-naca-lie-to-homeowners-and-the-media-yes/#comment-29800 Janice Wed, 02 Mar 2011 15:56:34 +0000 http://loanworkout.org/?p=6350#comment-29800 I am one of those who searched for, copied and sent in my paperwork for a loan modification and a forensic review of my loan w/ CHASE. I couldn't even leave a voicemail for my recruiter. I'm sure they have some other title, but I get the feeling that they're paid by the suckers they get to waste their time (and hopes) buy coming to their offices and just to end up paying the say inflated mortage as always. Oh, Jasmine in the OH office said in her pitch that CHASE is really working to make deals with us...right! I am one of those who searched for, copied and sent in my paperwork for a loan modification and a forensic review of my loan w/ CHASE. I couldn’t even leave a voicemail for my recruiter. I’m sure they have some other title, but I get the feeling that they’re paid by the suckers they get to waste their time (and hopes) buy coming to their offices and just to end up paying the say inflated mortage as always. Oh, Jasmine in the OH office said in her pitch that CHASE is really working to make deals with us…right!

]]> By: johnny coronado http://loanworkout.org/2009/10/does-naca-lie-to-homeowners-and-the-media-yes/#comment-29776 johnny coronado Tue, 01 Mar 2011 02:40:54 +0000 http://loanworkout.org/?p=6350#comment-29776 Well,I save my home because naca help me.I was trying from 2009,take me 2 years working on the modification,but in january finaly y did,after 3 days in LA was worth being patient. . Well,I save my home because naca help me.I was trying from 2009,take me 2 years working on the modification,but in january finaly y did,after 3 days in LA was worth being patient.
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]]> By: Cal Tal http://loanworkout.org/2009/10/does-naca-lie-to-homeowners-and-the-media-yes/#comment-29770 Cal Tal Mon, 28 Feb 2011 22:19:43 +0000 http://loanworkout.org/?p=6350#comment-29770 N.A.C.A. SUCKS! N.A.C.A. SUCKS!

]]> By: Elizabeth http://loanworkout.org/2009/10/does-naca-lie-to-homeowners-and-the-media-yes/#comment-29728 Elizabeth Sun, 27 Feb 2011 06:53:40 +0000 http://loanworkout.org/?p=6350#comment-29728 Does anyone have anything positive to say about the purchase program? I just attended a NACA event today and I have already been pre approved for an FHA mortgage... Is the purchase program just a waste of time if my home is scheduled to be finished in May? I am scared that if I attempt to go with NACA I may not be approved in time even though all financials and credit are in order. Does anyone have anything positive to say about the purchase program? I just attended a NACA event today and I have already been pre approved for an FHA mortgage… Is the purchase program just a waste of time if my home is scheduled to be finished in May? I am scared that if I attempt to go with NACA I may not be approved in time even though all financials and credit are in order.

]]> By: Luis http://loanworkout.org/2009/10/does-naca-lie-to-homeowners-and-the-media-yes/#comment-29194 Luis Wed, 02 Feb 2011 23:39:41 +0000 http://loanworkout.org/?p=6350#comment-29194 I have been a Naca client and there lousy they promise to help, they talk tough but in the end they do nothing. Some employees seem like they want to help and some are lazy and just point their finger to go to someone else. I have been a Naca client and there lousy they promise to help, they talk tough but in the end they do nothing. Some employees seem like they want to help and some are lazy and just point their finger to go to someone else.

]]> By: Freezel Knox http://loanworkout.org/2009/10/does-naca-lie-to-homeowners-and-the-media-yes/#comment-29191 Freezel Knox Wed, 02 Feb 2011 16:00:23 +0000 http://loanworkout.org/?p=6350#comment-29191 I agree with all of the previous comments regarding NACA. I have been with NACA for 2 years, since 2009, and I still have not received any help, just the run-around. My servicer, Bank of America is non the better. Both NACA and Bank of America representatives and officials are products of "greed". I agree with all of the previous comments regarding NACA. I have been with NACA for 2 years, since 2009, and I still have not received any help, just the run-around. My servicer, Bank of America is non the better. Both NACA and Bank of America representatives and officials are products of “greed”.

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