Wit's End - Page 2 - Loan Modification Forum

Sunbeam · 08-05-2009, 05:08 PM

I just wanted to give an update. I mailed the letter to my congressperson just about ten days ago. This past Monday I got a call from Sergio at Citi and also from a fellow from Freddie Mac. The guy from Freddie Mac told me they were doing an internal investigagation, but I would hear the result through Citimortgage. He did assure me it would be completely reviewed by Freddie Mac to make sure their rules were being followed. Sergio told me it was being followed up on through Citi and that they would ensure Freddie Mac's rules were followed. Today (Wednesday) Sergio called to ask that I fax our last 30 days of pay stubs and to tell me there would be a charge for BPO and title search; also that as we did not have an escrow account for property tax or insurance that under the rules one would need to be established.

I will update as things progress.

SillyWorld · 08-05-2009, 07:34 PM

Wow sounds like your getting someplace, I hope it was the letter cause all this starting from Citi is a Large Joking Lie at least the last 6 months have been...

Good Luck! Keep us updated Please

Sunbeam · 08-06-2009, 08:01 PM

Oh yes, it was the letter to my congressperson that got the ball rolling. I even asked Sergio and the guy from Freddie Mac if the letter was why I was getting attention. Both said yes. There is a woman who works for my congressperson who is checking into this situation on my behalf on a regular basis now.

SillyWorld · 08-06-2009, 08:39 PM

It is a Real shame it has to leed to making a letter to the GOV if they were doing there job from the get go things may all be better than they are

Sunbeam · 08-06-2009, 09:53 PM

I just went to my citi account and this is what I found when I signed in:

08/04/2009 Your mortgage assistance request is in review for final approval. We're here to help and expect your mortgage solution will be approved within the next 3 business days.

We appreciate your patience during this time and look forward to helping you find a mortgage solution to manage your financial needs.

SillyWorld · 08-06-2009, 09:58 PM

Yea I had that once back in March, then when they called me they wanted me to agree to a MOD for 3 months and at the end if they did not qulify me I would Owe a Balloon Payment for the difference so I declined the Offer, I can live without a direct answer and just a maybe

Sunbeam · 08-11-2009, 10:08 PM

Today I received a letter in the mail from Citimortgage indicating I should hear something in 30 days. The date of the letter is the same as the above posting; August 4th. So in one breath they tell me I will have a solution in three days and also to be patient and wait 30 days. OMG, they cannot get anything right.

SillyWorld · 08-12-2009, 05:45 PM

Quote:

Originally Posted by Sunbeam

Today I received a letter in the mail from Citimortgage indicating I should hear something in 30 days. The date of the letter is the same as the above posting; August 4th. So in one breath they tell me I will have a solution in three days and also to be patient and wait 30 days. OMG, they cannot get anything right.

Thats why most of us went to www.naca.com they at least give realistic answers and no lies

Sunbeam · 09-21-2009, 05:29 PM

Update: Last Monday, I get a call from Citi; a Miss Duncan. I call her and leave a message. No call back. But, the same day I get a call from the appraiser who tells me they need to come by and inspect the outside. He came same day and told me he had to get his appraisal back to Citi by the next day.

Fast forward to today, a week later. I called Miss Duncan again (I called her every day last week with no response). Her voicemail is full. I call Sergio who informs me they are waiting for the broker's price. Okay, I say...when will I get an answer? Hmmmm.........

Sunbeam · 09-26-2009, 11:23 AM

Still no call back from Ms. Duncan, 2 weeks after the appraiser came to do a walk through....any suggestions? I called Sergio last week and he said he would email her and they are waiting for the value to come back from the appraiser...this is odd because the appraiser told me that he needed to submit his appraisal to Citi by the next day! Someone is avoiding me it seems.....

Suggestions?

SillyWorld · 09-26-2009, 11:33 AM

Quote:

Originally Posted by Sunbeam

Still no call back from Ms. Duncan, 2 weeks after the appraiser came to do a walk through....any suggestions? I called Sergio last week and he said he would email her and they are waiting for the value to come back from the appraiser...this is odd because the appraiser told me that he needed to submit his appraisal to Citi by the next day! Someone is avoiding me it seems.....

Suggestions?

All you can do is sign up for NACA, for now until we and all of us Hit Citimortgage up in a few weeks

Sunbeam · 09-26-2009, 11:42 AM

Quote:

Originally Posted by SillyWorld

All you can do is sign up for NACA, for now until we and all of us Hit Citimortgage up in a few weeks

Okey dokey, you sold me SillyWorld...I am signing up for NACA. Today is the day. I'm completely sick of this you know what.

aubie37 · 09-26-2009, 12:34 PM

Quote:

Originally Posted by Sunbeam

Okey dokey, you sold me SillyWorld...I am signing up for NACA. Today is the day. I'm completely sick of this you know what.

Do it Sunbeam. Citi has run me ragged and run my blood pressure up more dealing with their crap. I finally heard back from Lauren Jefferson at NACA yesterday as I was concerned this "rep" from Citi was going to close my file again. Lauren left a message back for me and also emailed me that they followed up on this CitiMortgage Agent's comments, etc. on 9/16 and are awaiting a response.

SillyWorld · 09-26-2009, 01:56 PM

Quote:

Originally Posted by aubie37

Do it Sunbeam. Citi has run me ragged and run my blood pressure up more dealing with their crap. I finally heard back from Lauren Jefferson at NACA yesterday as I was concerned this "rep" from Citi was going to close my file again. Lauren left a message back for me and also emailed me that they followed up on this CitiMortgage Agent's comments, etc. on 9/16 and are awaiting a response.

Be glad you had that much of a reply, NACA told me in the last 4 weeks or every 2 weeks to be exact they can only resubmit at this time takes to be 120 days till they begin to get nasty so they told me

inmyview · 09-26-2009, 02:12 PM

Wow! I just found this site a few days ago and have been pouring through it ever since. I started my mod request with WFB back in Feb and have been going through this same bull since. Lies, fabrication of figures left and right - nothing but the run around.

It seems to me that this situation is ripe for a class action law suit. We have thousands of people with detailed notes of how these lenders are operating in bad faith, falsifying documente to skew income and debt ratios and the list goes on.

Why cant we all ban together and bring suit for this harassment!

caldwellb02 · 09-26-2009, 02:22 PM

inmyview - nice to have you here. We ARE banding together. The first was a mass e-mail to B of A that seems to have gotten some movement (I'm not with B of A, so keep an eye on those threads). Chase is next. The banks are all pretty much doing the same thing..... the Chase e-mails will be Monday.

Moe Bedard is also looking at the legal end.

I never intended to get radical with this. I was just looking at my life and my home and trying to get the modification I thought the "system" was offering after the market tanked and people lost their jobs et. al. I still want my life and my home. But I'm mad as well. I treat people with respect and absolutely expect that from people. It's okay to disagree. But being lied to and strung along and stressed out all for the sake of keeping the upper class "upper" is nonsense and is not my American heritage, and I am tired of it!

inmyview · 09-26-2009, 02:29 PM

On the one hand it is comforting to know that I am not alone in my misery, but on the other hand I too am mad as hell knowing that these fat *** sob's are putting all of us through this. WE DID NOT CREATE THIS MESS!

davephx · 09-26-2009, 02:30 PM

I wonder why the appraisal at least if its HAMP or maybe its not. When I was approved for trial for Citi they did the automated appraisal thing. At least I assume it was since someone told me my value was fine (not too high so lots underwater).

Sunbeam · 09-26-2009, 11:31 PM

At this point, Citi says we are not eligible for HAMP, hence the appraisal. We are less than 31%. However, we had to do some unexpected and necessary repairs to our property, putting us in 50K cc debt. This is what caused us to be in financial difficulty. We are not late on our mortgage or anything else, but we are hurting big time. So, I will wait and see, but am also contacting NACA for assitance in getting through the red tape. Our loan is 5.65%, but it will adjust and we are pretty much in the hole.....

SillyWorld · 09-27-2009, 09:37 PM

Quote:

Originally Posted by inmyview

Wow! I just found this site a few days ago and have been pouring through it ever since. I started my mod request with WFB back in Feb and have been going through this same bull since. Lies, fabrication of figures left and right - nothing but the run around.

It seems to me that this situation is ripe for a class action law suit. We have thousands of people with detailed notes of how these lenders are operating in bad faith, falsifying documente to skew income and debt ratios and the list goes on.

Why cant we all ban together and bring suit for this harassment!

http://www.loansafe.org/forum/we-mus...servicers.html

Sunbeam · 10-11-2009, 04:43 PM

New information:

Appraisal: Done
All required documentation: Done

New twist: Freddie Mac is requiring that Citi ask me to submit documentation showing that I have contaced ALL of my creditors and request payment assistance. OMG, I can't believe they are doing this. So, I have DONE this already, but did not keep documentation on all of my requests to cc companies to lower our interest rates, so I have to get them (the credit card companies) to resend anything they had sent me.

I have applied through NACA because quite frankly I think the closer we get, the more "requirements" will be made to qualify. I think they are just trying to wear me down.

SillyWorld · 10-11-2009, 07:37 PM

Yep, They want you to GIVE UP...Do not follow it to the end

Sunbeam · 10-12-2009, 06:28 PM

Thanks Sillyworld. I will fax them all the information they are requesting. In the meantime I have applied through NACA and will work that angle as well. I wonder if anyone else is running into this new "requirement". The person responsible for this new requirement is a person named Elaine Llewylln with Freddie Mac. Beware.

SillyWorld · 10-12-2009, 06:52 PM

They just say that to calm you down, it is just another Stall tactic, read around we all been on Stall mode from any of the Bankers...

Sunbeam · 10-15-2009, 12:06 AM

Well, I just got home from faxing 33 pages of documentation showing I have requested interest rate reductions from ALL of my creditors. I think they thought I would not do it. It is done....I'm ready for the next thing, and the next and the next.....

08-05-2009, 05:08 PM	#26 (permalink)
Sunbeam Senior Member Join Date: Feb 2009 Location: N. California Posts: 312 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End I just wanted to give an update. I mailed the letter to my congressperson just about ten days ago. This past Monday I got a call from Sergio at Citi and also from a fellow from Freddie Mac. The guy from Freddie Mac told me they were doing an internal investigagation, but I would hear the result through Citimortgage. He did assure me it would be completely reviewed by Freddie Mac to make sure their rules were being followed. Sergio told me it was being followed up on through Citi and that they would ensure Freddie Mac's rules were followed. Today (Wednesday) Sergio called to ask that I fax our last 30 days of pay stubs and to tell me there would be a charge for BPO and title search; also that as we did not have an escrow account for property tax or insurance that under the rules one would need to be established. I will update as things progress.

08-05-2009, 07:34 PM	#27 (permalink)
SillyWorld Senior Member Join Date: Apr 2009 Location: Central Pennsylvania Posts: 1,140 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End Wow sounds like your getting someplace, I hope it was the letter cause all this starting from Citi is a Large Joking Lie at least the last 6 months have been... Good Luck! Keep us updated Please __________________ Central PA, USA Waiting NACA Approval With Citi ON FHA MORTGAGE 05/18/2009 Ginnie Mae investor Is NACA Becomming a SCAM..?

08-06-2009, 08:01 PM	#28 (permalink)
Sunbeam Senior Member Join Date: Feb 2009 Location: N. California Posts: 312 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End Oh yes, it was the letter to my congressperson that got the ball rolling. I even asked Sergio and the guy from Freddie Mac if the letter was why I was getting attention. Both said yes. There is a woman who works for my congressperson who is checking into this situation on my behalf on a regular basis now.

08-06-2009, 08:39 PM	#29 (permalink)
SillyWorld Senior Member Join Date: Apr 2009 Location: Central Pennsylvania Posts: 1,140 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End It is a Real shame it has to leed to making a letter to the GOV if they were doing there job from the get go things may all be better than they are __________________ Central PA, USA Waiting NACA Approval With Citi ON FHA MORTGAGE 05/18/2009 Ginnie Mae investor Is NACA Becomming a SCAM..?

08-06-2009, 09:53 PM	#30 (permalink)
Sunbeam Senior Member Join Date: Feb 2009 Location: N. California Posts: 312 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End I just went to my citi account and this is what I found when I signed in: 08/04/2009 Your mortgage assistance request is in review for final approval. We're here to help and expect your mortgage solution will be approved within the next 3 business days. We appreciate your patience during this time and look forward to helping you find a mortgage solution to manage your financial needs.

08-06-2009, 09:58 PM	#31 (permalink)
SillyWorld Senior Member Join Date: Apr 2009 Location: Central Pennsylvania Posts: 1,140 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End Yea I had that once back in March, then when they called me they wanted me to agree to a MOD for 3 months and at the end if they did not qulify me I would Owe a Balloon Payment for the difference so I declined the Offer, I can live without a direct answer and just a maybe __________________ Central PA, USA Waiting NACA Approval With Citi ON FHA MORTGAGE 05/18/2009 Ginnie Mae investor Is NACA Becomming a SCAM..?

08-11-2009, 10:08 PM	#32 (permalink)
Sunbeam Senior Member Join Date: Feb 2009 Location: N. California Posts: 312 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End Today I received a letter in the mail from Citimortgage indicating I should hear something in 30 days. The date of the letter is the same as the above posting; August 4th. So in one breath they tell me I will have a solution in three days and also to be patient and wait 30 days. OMG, they cannot get anything right.

09-21-2009, 05:29 PM	#34 (permalink)
Sunbeam Senior Member Join Date: Feb 2009 Location: N. California Posts: 312 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End Update: Last Monday, I get a call from Citi; a Miss Duncan. I call her and leave a message. No call back. But, the same day I get a call from the appraiser who tells me they need to come by and inspect the outside. He came same day and told me he had to get his appraisal back to Citi by the next day. Fast forward to today, a week later. I called Miss Duncan again (I called her every day last week with no response). Her voicemail is full. I call Sergio who informs me they are waiting for the broker's price. Okay, I say...when will I get an answer? Hmmmm.........

09-26-2009, 11:23 AM	#35 (permalink)
Sunbeam Senior Member Join Date: Feb 2009 Location: N. California Posts: 312 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End Still no call back from Ms. Duncan, 2 weeks after the appraiser came to do a walk through....any suggestions? I called Sergio last week and he said he would email her and they are waiting for the value to come back from the appraiser...this is odd because the appraiser told me that he needed to submit his appraisal to Citi by the next day! Someone is avoiding me it seems..... Suggestions?

09-26-2009, 02:12 PM	#40 (permalink)
inmyview Senior Member Join Date: Sep 2009 Location: Petaluma, ca Posts: 55 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End Wow! I just found this site a few days ago and have been pouring through it ever since. I started my mod request with WFB back in Feb and have been going through this same bull since. Lies, fabrication of figures left and right - nothing but the run around. It seems to me that this situation is ripe for a class action law suit. We have thousands of people with detailed notes of how these lenders are operating in bad faith, falsifying documente to skew income and debt ratios and the list goes on. Why cant we all ban together and bring suit for this harassment!

09-26-2009, 02:22 PM	#41 (permalink)
caldwellb02 Senior Member Join Date: Nov 2008 Location: Northern CA Posts: 1,785 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End inmyview - nice to have you here. We ARE banding together. The first was a mass e-mail to B of A that seems to have gotten some movement (I'm not with B of A, so keep an eye on those threads). Chase is next. The banks are all pretty much doing the same thing..... the Chase e-mails will be Monday. Moe Bedard is also looking at the legal end. I never intended to get radical with this. I was just looking at my life and my home and trying to get the modification I thought the "system" was offering after the market tanked and people lost their jobs et. al. I still want my life and my home. But I'm mad as well. I treat people with respect and absolutely expect that from people. It's okay to disagree. But being lied to and strung along and stressed out all for the sake of keeping the upper class "upper" is nonsense and is not my American heritage, and I am tired of it!

09-26-2009, 02:29 PM	#42 (permalink)
inmyview Senior Member Join Date: Sep 2009 Location: Petaluma, ca Posts: 55 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End On the one hand it is comforting to know that I am not alone in my misery, but on the other hand I too am mad as hell knowing that these fat *** sob's are putting all of us through this. WE DID NOT CREATE THIS MESS!

09-26-2009, 02:30 PM	#43 (permalink)
davephx Senior Member Join Date: Jul 2009 Posts: 1,175 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End I wonder why the appraisal at least if its HAMP or maybe its not. When I was approved for trial for Citi they did the automated appraisal thing. At least I assume it was since someone told me my value was fine (not too high so lots underwater).

09-26-2009, 11:31 PM	#44 (permalink)
Sunbeam Senior Member Join Date: Feb 2009 Location: N. California Posts: 312 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End At this point, Citi says we are not eligible for HAMP, hence the appraisal. We are less than 31%. However, we had to do some unexpected and necessary repairs to our property, putting us in 50K cc debt. This is what caused us to be in financial difficulty. We are not late on our mortgage or anything else, but we are hurting big time. So, I will wait and see, but am also contacting NACA for assitance in getting through the red tape. Our loan is 5.65%, but it will adjust and we are pretty much in the hole.....

10-11-2009, 04:43 PM	#46 (permalink)
Sunbeam Senior Member Join Date: Feb 2009 Location: N. California Posts: 312 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End New information: Appraisal: Done All required documentation: Done New twist: Freddie Mac is requiring that Citi ask me to submit documentation showing that I have contaced ALL of my creditors and request payment assistance. OMG, I can't believe they are doing this. So, I have DONE this already, but did not keep documentation on all of my requests to cc companies to lower our interest rates, so I have to get them (the credit card companies) to resend anything they had sent me. I have applied through NACA because quite frankly I think the closer we get, the more "requirements" will be made to qualify. I think they are just trying to wear me down.

10-11-2009, 07:37 PM	#47 (permalink)
SillyWorld Senior Member Join Date: Apr 2009 Location: Central Pennsylvania Posts: 1,140 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End Yep, They want you to GIVE UP...Do not follow it to the end __________________ Central PA, USA Waiting NACA Approval With Citi ON FHA MORTGAGE 05/18/2009 Ginnie Mae investor Is NACA Becomming a SCAM..?

10-12-2009, 06:28 PM	#48 (permalink)
Sunbeam Senior Member Join Date: Feb 2009 Location: N. California Posts: 312 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End Thanks Sillyworld. I will fax them all the information they are requesting. In the meantime I have applied through NACA and will work that angle as well. I wonder if anyone else is running into this new "requirement". The person responsible for this new requirement is a person named Elaine Llewylln with Freddie Mac. Beware.

10-12-2009, 06:52 PM	#49 (permalink)
SillyWorld Senior Member Join Date: Apr 2009 Location: Central Pennsylvania Posts: 1,140 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End They just say that to calm you down, it is just another Stall tactic, read around we all been on Stall mode from any of the Bankers... __________________ Central PA, USA Waiting NACA Approval With Citi ON FHA MORTGAGE 05/18/2009 Ginnie Mae investor Is NACA Becomming a SCAM..?

10-15-2009, 12:06 AM	#50 (permalink)
Sunbeam Senior Member Join Date: Feb 2009 Location: N. California Posts: 312 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Wit's End Well, I just got home from faxing 33 pages of documentation showing I have requested interest rate reductions from ALL of my creditors. I think they thought I would not do it. It is done....I'm ready for the next thing, and the next and the next.....

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