Thursday, December 17, 2009

scrooge takes a brea

scrooge takes a break on foreclosing and evictions in phoenix,Arizona Yes you heard it here, scrooge takes a break from kicking good normal homeowners out of there homes for a month ,to allow the Christmas cheer to ring in. So what about the hangover, come jan15th 2010 , when citigroup bank restarts the kick em out fastrak again , think of it, they said they only have done 270 modifications, out of 100,000 applications, are these clowns on a Hawaiian cruise? are they at the race track?, are they smoking some good s@#$. We need good, fair and reliable teams at these banks, and servicing centers,who can get there jobs done with some skill, if i ever hear another story of WE DO NOT HAVE YOUR DOCUMENTS AND APPLICATIONS< AGAIN , after refaxing 11 times????????? who is running there businesses? HOWDY DOODIE/ Citigroup Inc. will suspend foreclosures and evictions for 30 days in a temporary break for about 4,000 borrowers during the holiday season. The New York-based bank said Thursday the suspension will run from Friday through Jan. 17. It applies only to borrowers whose loans are owned by Citi. Borrowers who make payments to Citi but whose loans are owned by other investors are out of luck. “We want our borrowers to have a much less stressful time, to spend their time with their families during the holidays as opposed to worrying about their homes,” Sanjiv Das, head of the company’s mortgage division, said in an interview. The suspension means Citi will halt foreclosure sales and stop evicting homeowners from properties it has already seized. The company projects it will help 2,000 homeowners with scheduled foreclosure sales and another 2,000 that were due to receive foreclosure notices. Das also said the company is working on “some long-term fundamental alternatives” to foreclosure, but declined to be specific. “We know that moratoriums are not permanent solutions,” he said.

No comments:

Post a Comment