I found out we are being foreclosed on with no notification from Citi Mortgage

Help! I am in the same situation. I applied for a deferment, and they said I qualified and then I heard nothing for two and half months. Each time I called they said it was pending but couldn't tell me why. Then I get letter stating that I am in default and owe all these fees. I tried to make payments toward it but couldn't log onto online acct. (apparently it was locked and I had to call customer service. When I called I would get routed and no one could answer my questions. Now I can't get any of the numbers I call to answer. I get hung up on or get a busy tone, and I still can't pay online. The last check I sent never cleared my acct. so I don't know what to do.

Foreclosure- Guys I have been in Mortgage Servicing for over 25 Years. As for saying the banks don't care, you are wrong. The last thing they want is your house.

Stop playing with the mortgage companies that you are behind on. If they cannot work with your right away, file Chapter 13 and start repaying your mortgage. As for your credit it is shot now so that should be the last thing on your mind. If you chose doing this make sure you can make the payments to the mortgage company when you file and to the bankruptcy trustee on the back payments. as for your other debts forget about them. pay your house payment and car. I also will suggest doing the cramdown on the property and on the car. This way you are only paying for the value of the property now.

Since they won't play ball, it is time for you to be captain and make the moves to keep your house.

I hope everyone gets to Win......

Cathy, I am in such a similar situation as yours, it isn't funny! An attorney I know had 900 cases illegal, fraudulant foreclosures by CitiMortgage/CitiGroup. And Dennis, banks DONT care, and filing bankruptcy, when your the one done wrong, by them not following the proper channels with at least not notifying the borrow of their actions, is just wrong. A person shouldn't have to file bankruptcy when the mortgage company is at fault!

Give me a for instance that a bank is wrong regarding foreclosing on a mortgage? Then I may agree with you. But something has gone wrong that is why the mortgage is in foreclosure. But I am trying to offer help than argue. And this is not a issue for us to piss back an forth about. I want to get the information to see what has been done at this point and why it is happening. If it can be fixed I want to see what needs to be fixed. I am tired of mortgage companies not working with people and they give up. So if there is hope I want to assist.

we purchased a home in florida 2/7/08 30 yr fixed first mortgage and what we were told was a 15 year fixed second mortgage...2nd mortgage was sold/transfered to city 3 months later (to this day we have NEVER been a day late on either mortgage) we have both recently lost our jobs..I called citi today (no help spoke with a supe who said call back AFTER you fall behind) Now here is the kicker ...citi informs me the 2nd mortgage is a 15 year Fixed Rate Home Equity Loan with a balloon at 15 yrs....WOW!!!! They could not tell me the amount due on balloon pymnt..How is it possible to purchase a home with a home equity loan???????????? Any advice on where to go from here would be appreciated

If anyone is in the need of advice. Please call me at 636-970-3442. I would like to see if I can assist you in your issues and advise you what you need to do at no cost to you. I just want to help people during these times. Good Luck

I have a mortgage with Citimortgage, and I too have fallen behind because of the economy. I submitted my loan modification paperwork with financials 4 months ago. I have never heard from my loss mitigator, and every time I call the collection department I am told not to worry, because the mitigator will call me. Today I received foreclosure papers. What a joke. If they weren't going to try and work with me, then just say that. This is the only home my children have known. I don't expect or want a handout, just an honest answer.

Have been in touch with Citi for 6 months. Just became 90 days late. Have submitted 5 Hardship Packets...various calls, we will get back to you, etc...Have been on the phone for hours and no real person...told to ignore credtiors department that i was in the system for Loss Mitigaton...short sale is next and they stand to lose $500,000 as my home is high end...frustrated

Anyone trying to get ahold of me call me at 314-691-3008, I am not currently near the other number 636-970-3442, leave me a message and your name I will get back to you the same day.

I have been in the Citimortgage Loss Mitigation procedure for a few months. No paper work from them and no call. House is worth about 75% of what is owed according to a realtor I had pull comps. Have found a house I would like to rent that I can afford (can't afford this one and can't sell it). Should I list it for sale and try to get a short sell through or just walk away?

Citi Mortgage sucks.
Stop been nice to you lender, the all idiots who last week where flipping hamburgers. They don't really khow what are they doing.
I dialing with that all the time.
Try to do a short sale, get a agent with experience on that.
This is what I am doing all they long.
Get a short sale

Hello,

I know alot of you might think I'm apart of the problem but believe me I'm not! I just started in the Real Estate Business this year and I'm tired of seeing people hurt by the economy including myself.
The real problem that happened with Real Estate and the Finanicals is Greed!!!!!!!!! Banks keep on Spending and Real Estate Agents kept on offering homes that people could not afford. But the Banks allowed it. So you, I and Everyone else has to deal with it.
Here is my suggestion. If you can't get your home Loan Modified then talk to an agent for a Short Sale. Do not go into Foreclosure!!!! Short Sales only hurt your credit by 50 points and you can't buy a home for 2 years. Foreclosure hurts your credit for 5-7 years and 250 points(ouch).
So if your in the Southwest Florida Area and you need to sell call me, find my profile, and get something done! Investors and others who where not caught up in the bubble are now purchasing. Get off your soap box and fix the problem, DO NOT RELY on the BANK to FIX YOUR PROBLEM!!!!!!!!

I have spoke with almost 20 people at Citimortgage and no one seems to know what is going on. I have been disconnected and when I called back the offices were closed. I had a woman tell me she is my account manager and now when I call her extension I get a busy signal. I have been told I could not speak with a manager. I have been transfered to different departments 14 times. They dropped my interest rate by 0.02% but I will not get any paper work for 40 days! What is going on? I don't expect a hand out (Like Citimortgage) but they won't even work with me.