Documentary: NACA's "Save the Dream" - Mortgage Restructuring and Renegotiation Rescues Homeowners

Background on NACA's "Save the Dream" program, which has helped homeowners across America restructure and renegotiate home mortgages and home loans they can no longer afford.

For more information, please go to www.naca.com

Category:

Nonprofits & Activism

Tags:

• mortgage
• restructure
• renegotiate
• banks
• refinance
• foreclosure
• bankruptcy
• NACA
• neighborhood
• assistance
• home
• loan
• unaffordable

[DRTomater]

I was prepared but the bank said no even though I qualified. So Nacca said we can't make them do anything,sorry we can help you.I did this for 3 years,still same crap!

[DRTomater]

Save the dream program is a joke. I was not behind on my mortgage. I called them ,they told me all the paper work they needed. I got that ,drove 100 miles to meet them. They went over my paper work and told me I qualify. They called my bank and asked them to modify my loan.The bank said no so Nacca said sorry we can't make them do anything.So guess what no mortgage mod. So this program should me called lets make a joke! Email me if you can prove me wrong!

[optionsupdate]

is there any principle reduction involved

[optionsupdate]

is this greed and stupidity?

[Sooner2011Girl]

NACA Is the worst organization EVERY! I work for FHA and they have borrowers calling for assistance who have NO hope. Borrower are 40 plus months delinquent and expecting a miracle. NACA is NOT GOD!! … The HOPE that Borrowers need is JOBS!!! When Borrowers call and say they have not worked in 3 years, but want to stay in 300K homes????.... The entire system is a JOKE…

[lanegramiri4347]

hola me gustaria saber donde y cuando sera la proxima reunion

[joelsdaddy]

@ime916 Chase has started working with NACA again, and homeowners are getting solutions.

[ime916]

Hello....anybody knows if Chase is helping homeowners?????

[happyhappygirl7]

NACA does work IF you are prepared. You must follow their processes and be patient. Do not bring your children! This is a business transaction that will require 110 % of your attention to be successful. When you get to step 3 (sitting with banker) remember to stay calm, be nice but remember you are negotiating and you might need to fight (i.e. don't accept a crappy offer). We were successful, it took almost 3 days but now have a fixed 2 percent (P and I) payment. Saving us $500 per mth.

[lakerland42]

Naca is effective they were in los angeles this past weekend and got my mortgage knocked down by $600 i was there 51 hours but im up 6 bills!!!! good lookin naca!