tag:blogger.com,1999:blog-12897315.post1163600974772629944..comments2024-03-28T09:54:55.115-05:00Comments on Dad29: Mutual Admiration: Fannie, Freddie, Obama, ACORN, and NACADad29http://www.blogger.com/profile/08554276286736923821noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-12897315.post-29236224663171996612009-09-30T13:35:01.740-05:002009-09-30T13:35:01.740-05:00I have a NACA assisted mortgage.
It was the best t...I have a NACA assisted mortgage.<br />It was the best thing ever. below prime intrest rate, no PMI, No down Payment, No closing cost! <br />You people complaining about registered voters? How assinine of you. As for the agreed participation, they can't take the loan back, give me a break! They can't make you do it. It is a contribution that I have not gotten around to yet after 3 years. On another note, Contractors rip people off all the time, I am sorry for you, my rehab was crazy too, but you are responsible for your contractor.<br />You guys sound like morons. Banks sell Loans not NACA. there is no connection between them and fannie mae, besides naca protesting their practices before this whole bubble burst in the first place.Jet Blachttps://www.blogger.com/profile/17826604071173686649noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-81730944376210418292009-08-13T09:36:14.617-05:002009-08-13T09:36:14.617-05:00I just recently saw something on NACA on the local...I just recently saw something on NACA on the local Atlanta news station. You are dead right in your post.<br /><br />In fact, its even worse. In order to get a NACA loan, all participants have to agree to participate in at least 5 protests, actions, or even litigation efforts per YEAR for the life of the loan to receive the loan restructuring.<br /><br />Additionally, every member of the receiving loans family must sign the agreement and all who are eligible must present their voter registration cards.<br /><br />I'm amazed at the brashness of this program.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12897315.post-15297266985310511122008-10-19T12:58:00.000-05:002008-10-19T12:58:00.000-05:00I went through NACA 8 years ago - I had trouble wi...I went through NACA 8 years ago - I had trouble with my mortgage due to divorce.<BR/>I eneded up being ripped off by the contractor that they pressured me to hire for rehab of my home. Found out much later that the "contractor" was working under a dead person's contracting liscense and the "contractor" was the son of my loan counseler at NACA.<BR/>Not one single person at NACA would help me or even return my calls. All the way to the top I tried to go and got no help with the corrupt office in Charleston SCAnonymousnoreply@blogger.com