Neighborhood Assistance Corporation of America ("NACA") Mortgage Complaint

Other mortgage Loan servicing, payments, escrow account

Neighborhood Assistance Corporation of America ("NACA") Mortgage department,

Other mortgage Loan servicing, payments, escrow account Arizona

I closed a NACA home loan in - of 2015. Because the seller was not willing to make repairs to items a NACA certified home inspector required to be fixed, NACA impounded or held back - dollars for these repairs after closing. These reapairs must be made by NACA certified contractors. After repeated requests to NACA for NACA certified contractors, they have ignored my requests after providing me with contacts that either do not do business with NACA anymore due to non payment or do not work in the specific trades needed to make the repairs. This has left my home unsafe for many months including exposed electrical and improper plumbing. I do not feel safe in my home and am fearful failures in my home based on the home inspector 's report will lead to additional issues that I can not be financially responsible for. Additionally, I am paying interest on these funds that have not been utilized for my benefit in the meantime. I alerted NACA last week or so that I would be reporting them to the CFPB if they ignored my request which they have.

Neighborhood Assistance Corporation of America ("NACA") customer in Arizona
Sep 27, 2015

* Source: CFPB Complaint Database

Neighborhood Assistance Corporation of America ("NACA") response to complaint:
Untimely response

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