Thanks Adam Lauman and CitiMortgage for reneging on your promise to pay two junior lienholders...

You promised to do it, the entire closing hinged on your word in an email.

Now you won't do it.

I'm so glad we gave you so much TARP money so that you could leave people homeless and let the seller go into foreclosure.

We waited months and worked diligently to close this for the best possible outcome for all, including CitiMorgage.

All for nothing, because you lied at the last minute.

P.S. Thanks also for not returning anyone's calls. That is the icing on the cake.

 

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7 Comments on CITIMORTGAGE RENEGES ON PROMISE!!!

AUG
14
643,397 Points 104 Featured Posts Localism Sponsor Outside Blog Hit Router

Dawn- Did you go to upper management of the customer relations and public relations department?

2:32pm • #1
121,397 Points 9 Featured Posts

Katerina, I went to Active Rain and twitter, and then CitiMortgage gave us what they promised. I also emailed the short sale negotiator asking him to have a heart and do what he said, since he was going to allow the buyer to be homeless after all this delay, allow the seller to foreclose and if the house forecloses, in our market, it will only go for $40,000 due to the broken basement walls, ancient windows and deteriorating roof.

We close on Monday, file on Tuesday.

How do I reach those people you mention - that would be my question. The various players are relatively impossible to find.

4:10pm • #2
584,639 Points 82 Featured Posts Localism Sponsor Outside Blog Hit Router

Dawn...

This short sale nightmare has got to have some guidelines established before we go crazy. All of that hard work for nothing.

5:33pm • #3
121,397 Points 9 Featured Posts

Richard, My mentor says that since they didn't give us a reason, they are just playing hardball or doing a "last minute swap."

We pushed back (see comment above) and they agreed...without providing signatures, leaving us to rely on the email, being crazy difficult to talk to...

So we did get enough of a go ahead and we can close on Monday - great, but costing all hundreds of dollars in fees, extensions, lost work (trying to schedule the move), time that could and should have been spent elsewhere and great frustration for all.

5:48pm • #4
AUG
21
643,397 Points 104 Featured Posts Localism Sponsor Outside Blog Hit Router

Dawn- By doing research on the internet and calling in favors from those in higher management positions:) We don't share our list except with my coaching clients and only with a promise of not overusing. Every deal is NOT an emergency:)

2:55pm • #5
121,397 Points 9 Featured Posts

Katerina, amen to that. It's very important not to over use the good contacts that we have, and to have systems in place to assure that we have done our part first.

I know we tried contacting family members who worked at one bank, and that also worked well. I would also think that we might be successful looking at LinkedIn contacts and asking if they might know someone.

Thanks for your advice about researching on the internet too. :)

3:01pm • #6
AUG
26
144,606 Points Hit Router

I am so tired of these banks talking out of both sides of their mouths

4:54pm • #7

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Dawn Maloney, CDRS Elite

Hudson, OH

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Address: 4151 Bridgewater Parkway, Stow, OH, 44224

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