Hi ######.
Sorry for the delay in returning this email, but these got
routed to a filter folder.
Yes, I have read articles on what Obama might do for
homeowners, but I have not seen anything passed yet. Also, Obama
will not be able to pass anything as President until after he is
inaugurated in January. I think I will have lost my other two
condos by that time. The head of the FDIC did, however, put out
a statement that they were encouraging action by banks to make
drastic changes. I am not sure that anything has been done about
this as none of my banks have called or written me. My banks, in
fact, have been very quiet lately... like they are waiting for
more direction from D.C. before they do anything. It is good to
have optimistic outlooks on the political front, but keep in
mind that you have to make life decisions based on what is
currently in place and not on what a politician says (they are
infamous for not living up to the things they say on the
campaign trail).
Yes, CitiMortgage has given me run arounds although I do not
know if they are really run arounds. It might just be that the
staff can only do so much there by reading scripts that were
written twenty years ago and have not been updated for the
current market situation. CitiMortgage became such a farce that
I stopped months ago even worrying about trying to find a short
sale buyer. CitiMortgage was not going to make a short sale
easy, so I ran out of energy and decided to just let it sit
until they foreclose.
Thanks for writing. It is good to hear from people out there.
Hopefully, one day, we will all be past these hard times.
~Noah
Questions from one of our readers who is a similar
situation:
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Hello Noah. Have you Heard the Obama UPdates .
The New Laws to help Homeowners Save their houses? I
just wonder how long it will be till they become
reality? Still in the meantime I fight with Citimortgage,
who Everytime you talk to them.. Have a Different story.
Ie: One day we qualify for the Homesavers program..But
the next we dont" 2 times they pulled this in a Month. I
Keep wondering WHy didn't they Go under instead?.. At
this rate I wish i would have went with Countrywide now.
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Sorry this is not a question.. But a link to
MSNBC About the FBI investigation of the Major company
Meltdowns.. I am sure you have read them by time you get
this. But there may be different Versions.
http://www.msnbc.msn.com/id/26859850 Its Horrible to
think how the CEO make as much as they do and yet the
company goes under. While we would end up paying for
their downfall and they still be sitting pretty. Who
knows maybe not all the companies are will come out bad.
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YOu state you have citimortgage.Have they given
you problems during the loan period? Ie:the run around,
taken drastic measures? If so there is a site called
www.ripoffreport.com just type citimortgage in and read
on.I am not trying to over flood you with my
correspondances. I just wanted to share my same
downfall. but i unfortunally continue to fight. Because
its unfair what they do. Thank you for Your site. It
gives me the thought of creating one similiar but don't
want to be a copy cat.
These were submitted by 'Young'.
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