Small long term loans

Back in 2011 my mortgage was modified and ended up with a balloon payment. I have been battling with Fay Serving to get a modification on the balloon balance with no luck. They say Citi would rather foreclose and is not entertaining any new mortgage activity at this time. Due to issues with a failed business in 2009 and an uncleared document from SBA coupled with Covid, a modification is the only way I can keep the house. I have always paid on time, have great credit and can afford to continue paying.

I find it very interesting that we are amidst a mortgage and real estate crisis but there is very little news or information about how mortgage servicers are going to assist borrowers with loan workouts and modifications. What do you mean that Citi has no customer service anymore? There is no customer service department or representatives who assist borrowers? The comments payday loans in delaware loans for bad credit by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney.

Please Read our I cannot figure out how to get ahold of Deutsche Bank either. My only suggestion is to place the (rejected) payments into savings so you have something for negotiations, settlement or refi with a different lender. I would not disclose such to the servicer or they will proportionately seek to claim it as fees. I would also compose a letter legally requesting the lender aka Citi continue to accept same payments as an alternative to foreclosure where you intend to refinance. Maybe offer to extend the payment proposal for one more year? If they reject your money, proceed to foreclose, and you proposed an alternative that is quite telling to the court. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages.

I have a 2nd mortgage with CitiMortgage that was charged off in 2011.

It has been removed from my credit report, but their is still a lien on my property. I have tried EVERY phone number with CitiMortgage to talk to someone about this but every person I connect with cannot find the mortgage in their system. Does anyone know if there is any other contact info I can try? You can usually find out for free by visiting your county register of deeds and some counties have free online search. No matter which number I good payday loans online call they cannot find any record of my mortgage.


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No matter which number I call they cannot find any record of my mortgage. Charge off is simply an accounting term for the bank and really means nothing to the customer. However, check your statue of limitations in your state for collecting on a lien. I believe its all under Citi bank now, but that didnt happen until around 2018. On my loan Citi bank had the mortgage but CitiMortgage was the servicer. Citi Mortgage was listed as my 2nd mortgage lien holder when I went through bankruptcy. The last contact number I used for them was 1-800-283-7918. I would get copy of the lien from your county clerks office. Send a copy to Citi and request a lien release or verification letter that they do not hold the lien anymore. Then you may have to pay a title company to do a title search for you. If it still shows Citi as the holder of the lien and they have no small long term loans record, you could move forward with a proceeding you are asking a judge to quiet any claims that others may have in your property.

All possible lien holders are to appear in court or be represented to state their claim. The process takes about 6 months then a judge looks at all available documents and decides who has legal small long term loans ownership of the property. This judgement is then attached to your property and a clean title is issued. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. First was with BofA for 240k, 2nd was citi 44k, both were not reaffirmed. I kept paying on the first to stay in the house but stopped paying the 2nd in 2011. First is now in the 230 range and zillow says home is worth 249. Id like to settle with citi but after all of these yrs not sure how to approach them.

Thanks First bad credit loans az thing is to check with your county clerk or register of deeds and see who has the lien on the property for the 2nd mortgage. Basically, since the debt has been discharged, no one can collect on the debt but there still is a lien on the property. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. And now I would like to settle with my second mortgage Citibank. Yes, your mortgage is still with Citi, but it has been sent to a collections law firm. You need to contact the law firm and tell them you would like to settle. You will need to come up with a fair price to offer your lender when applying, and this will need to be included in your hardship letter you send in. The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice.

Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Yes, your mortgage is quick cash now still with Citi, but it has been sent to a collections law firm. You need to contact the law firm and tell them you would like to settle. You will need to come up with a fair price to offer small long term loans your lender when applying, and this will need to be included in your hardship letter you send in. The small long term loans comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. I have a BOA (formerly CW) the loan store loan which has always been serviced by them. Although the loan is securitized, it is in a pool with nothing but CW loans, i. I recommend you write a letter to CitiMortgage demanding they inform you. Per the terms of the settlement agreement, Citi is obligated to tell you. REMIC refers to Real Estate Mortgage Investment Conduit. CMALT (CitiMortage Alternative Loan Trust) is the shelf registration under which a Citi subsidiary securitizes the loans. Per my previous post, these loans were in fact sold to private investors in 2007 and are not owned by Citi or any of its legal entities. However, CitiMortgage is responsible for servicing the loans for investors, which includes working with homeowners on any modifications or other options for which they may qualify (including principal reductions in accordance with HAMP), based on what the REMIC securitization documents permit. Bank National Association, as Trustee, and Citibank, N. The Pooling and Servicing payday services Agreement governs the CMALT (CitiMortgage Alternative Loan Trust), Series 2007-A8 REMIC Pass-Through Certificates issued on small long term loans October 29, 2007.

The Offered Certificates (other than Classes A-IO, B-1, B-2 and B-3) were sold to Credit Suisse Securities (USA) LLC pursuant to an underwriting agreement, dated September 24, 2007, among Citicorp Mortgage Securities, Inc.


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A copy of the Underwriting Agreement is attached as Exhibit 1. The mortgage loans underlying the Certificates were purchased by Citicorp Mortgage Securities, Inc. A copy of the form of Mortgage Loan Purchase Agreement is attached as Exhibit 10. BTW, I have not heard from citimortgage on who owns my loans yet. I am on my preliminary learning curve on all these mortgage security stuff.... Hi, Never posted before and want to first say thanks as read countless pages of posts, advice etc. I understand from recent reading that I am far under water and heloc will not foreclose in this case as long as current on 1st.

Then found the blog afterwards and many kudos to Tom for what sounds like excellent advise on the Settling Your Second Strategy and wish I found it sooner. I received from neighbor letter for national mortgage settlement which neighbor lost for months. It said congratulations, you may be eligible for a principle reduction... I was in tears (also not good for Strategy I know if settling) but they spoke to recovery dept to see if they could put it back on the books but came back to say not possible and confirmed Real Time Resolutions is the 3rd party. They said they need my financials to determine if I qualify for that or any other modifiation.

We are trying to finish late fast loans no credit check 2011 tax returns quickly which we know are needed to reqst mod as I know we should ideally firm up 1st mort before dealing with 2nd (however we could live iwth current 1st if had to) so working on both at once. Here are my questions and any input is appreciated 1) I read that some 2nds were extinguished by National Mortgage Settlement so wondering if I missed out on best case scenario. There may be some things I could try to get them to reconsider putting me back on the books (Citi contacts, DOJ, AG) or do I give up on what might have just been a reduction and instead follow the Settleing 2nd strategy aiming for best case there? I apologize if I was supposed to put separate questions in different logs or places as I have never posted anywhere before.

Thanks Tom, I was pretty confident of the no forclosure as long as I can keep up on the 1st mortgage. My husband was talking about hiring a lawyer even though I told him we are just going to wait for an offer and then let the countering begin. Since I will likely be waiting a long time anyway to hope to get to settlement, I really hope they extend it as it would affect how much we (and others) are small long term loans able to pay for settlement.

I thought I read somehwere there is some timing that is counted from last payment...