Reader mail: help with Citi wrongful foreclosure
I am trying to contact you in reference to being registered at your Credit Court site. The site instructed me to contact the moderator of the site. I have a wrongful foreclosure with Citicorp., I am hoping to get some helpful information. Thank you.
...
I’m not sure where you read, if you send me the URL I’ll update that as I can’t work for free work anymore—the credit bureaus, banks and corrupt lawyers and judges bankrupted me. And I don’t like to charge for this kind of work as succeeding is difficult, takes a LOT of work and and obviously most people in foreclosure are broke anyway and extremely distressed and emotional. So I finally put some relevant links up and summarized my advice.
Please read some of the foreclosure links at http://credit-reporting-collection-ftc-complaints.info/links/ and especially “Dealing with foreclosure” at http://trado.info/node/73
If you can actually DOCUMENT fraud as Cindi and Lynette, I’ll be glad to submit a published complaint to regulators.
The complaints I already posted at http://credit-reporting-collection-ftc-complaints.info got results with respect to having the clients’ problems resolved, but they got no money because they didn’t sue and they had paid my $300 (or 50% Trado) “settlement” fee.
The first person to provide documentation of “wrongful” foreclosure and a concise factual summary gets a freebie.
This means that you probably have to work 20 to 50 hours putting your documentation in order, redacting personal info for the web, preparing a listing of documents and the chronological summary. NO SHOE BOXES!
Cindi with the FNMA foreclosure was HIGHLY organized and eventually she DID get her house back. I sure wish I knew then what I know now.
I’ve never seen foreclosure accounting without fraudulent charges.
The key to success is to properly demand accounting and DOCUMENT (record calls) and keep a log of everything that happens. And of course it helps if you have litigation experience or you’re willing to take your proof public.
I’ve been dealing with Citifinancial regarding a repo.
They agreed to a short sale for $4,500 and recommend CarMax for the sale. The outstanding balance is about $7,500. When I contacted them after CarMax came in below $4,000, they decided that they wanted over $5,000.
These morons have the nerve to tell me about my client having signed a contract when they just broke their promise to take $4,500. Of course I recorded the calls and it looks like my client will drop the car off at one of their offices. If they later demand the deficiency, I can prove that they lied and caused the losses. My client had me contact them when he wasn’t even 30 days past due and he did everything possible to minimize their losses.
Never forget that you’re dealing with PURE SCUM, with people without conscience, integrity and ethics and they don’t care who they kill to get a few bucks.
I work with several attorneys who have successfully gotten foreclosures dismissed. I’m a paralegal and I do the research and draft the Motion to Stay/Dismiss the Foreclosure. Maryland only. First you always need to ask the Court to request that the “secured” party produce the original Note which at least 75% of the time they can not. If its a mortgage backed security then you can go to the SEC website, pull the Pooling & Servicing Agreement (PSA) and verify there how the loan was to be conveyed. It generally does not match the copy of the Note. In discovery ask for all 3rd party payments on the account including gov’t bailouts, Credit Default Swaps and “pool” insurance. These servicers are double, triple dipping in getting paid.
Beth
Thanks, Beth.
You are absolutely right. When you’re subject to judicial foreclosure, it should definitely be challenged.
Who pays the legal fees if the dismissal is obtained? Do the lenders then pay the homeowners’ lawyers?
Unfortunately many states such as California don’t require the lenders to go to court to foreclose, but they simply file some notices and schedule the sale. In those states the consumer has to file suit and it gets a lot more complicated and expensive.
