Comments on: VICTORY | Citibank Cancels Foreclosure Auction of Minneapolis Mom’s Home; Commits to Loan Modification With Reduced Payments https://4closurefraud.org/2012/06/13/victory-citibank-cancels-foreclosure-auction-of-minneapolis-moms-home-commits-to-loan-modification-with-reduced-payments/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Thu, 04 Dec 2025 17:52:38 +0000 hourly 1 https://wordpress.org/?v=7.0.2 By: tee https://4closurefraud.org/2012/06/13/victory-citibank-cancels-foreclosure-auction-of-minneapolis-moms-home-commits-to-loan-modification-with-reduced-payments/#comment-381969 Wed, 13 Jun 2012 17:37:43 +0000 https://4closurefraud.org/?p=47970#comment-381969 you wont like the final papers….they will screw u somehow…balloon payment for last payment…i hope not. CITI BANK sold my school loans after 5 years of 300/mo the new owners have no record of what was paid. They just tac on their fee and when thats paid up they send that on to someone new who does same……..its like the mort industry…..nothing ever gets paid…..just steady flow of cash to the crooks….forever.Haha…and we thought gauranteed by fed gov was a good thing….do u still think so ? rates to jump….yeahhhh get more money from the m class…..and the kiker is their spending habits wont change so they will need more from us…..and soon.

]]> By: ChrisYAHanWatcher4YAH https://4closurefraud.org/2012/06/13/victory-citibank-cancels-foreclosure-auction-of-minneapolis-moms-home-commits-to-loan-modification-with-reduced-payments/#comment-381934 Wed, 13 Jun 2012 15:19:56 +0000 https://4closurefraud.org/?p=47970#comment-381934 We would Hope the extreme Dis Advantaged DUPED MOM, signed [put a CURSE on her name ]the Mortgage [Death Pledge] Modification [ Scheme to RE Claim the NOTE they Do NOT Have; needed to Foreclose] Under THREAT DURESS and Coercion to Protect Her FUTURE [U.C.C. 1-308, formerly 1-207 Rights] when THEY STEAL the Equity out or Her abode Later They Will STEAL IT the treacherous VIPERS!

]]> By: Mark Bowen https://4closurefraud.org/2012/06/13/victory-citibank-cancels-foreclosure-auction-of-minneapolis-moms-home-commits-to-loan-modification-with-reduced-payments/#comment-381929 Wed, 13 Jun 2012 15:03:41 +0000 https://4closurefraud.org/?p=47970#comment-381929 How is this a Victory, when Citibank undoubtedly never owned the loan in the first place. Were there any offsets, was discovery propounded, were defects cured after the action was initiated, did the attorneys even have the legal authority to represent Citibank? In this case, how many violations of TILA, RESPA, RICO, and Securities Laws were committed by the various “holders” of the instruments? Was there clear Chain of Title, or is this just another case where “you borrowed the money, you owe the money” and other moral obligation scams came into play? Loan mods in the era of fraudulent securitization are DEFEAT, not Victory.

]]> By: David Robert https://4closurefraud.org/2012/06/13/victory-citibank-cancels-foreclosure-auction-of-minneapolis-moms-home-commits-to-loan-modification-with-reduced-payments/#comment-381911 Wed, 13 Jun 2012 13:52:47 +0000 https://4closurefraud.org/?p=47970#comment-381911 A Loan Mod can work if it is written correctly, if the interest rate drops to at least 2% including a principal reduction and no attorney or back payment fees of any kind that will normally cut the payment by at least 50% or more.

The leverage one needs is violations, and there should be lots of them, TILA, RESPA, Securitization, Notary Misconduct, Per-Diem, Robo-Signing, back dating, missing the cut off date for Securitization, MERS, Insurances, just to name a few.

When you have the right person put these violations forward the Bank will give in, especially if they know you are going to expose them to their private investors and knowing they will lose in court.

We are an audit company and we work very closely with a Company who does not lose if, and I say it again, IF, we can provide that company with the evidence they need to force the Bank to the negotiation table. This company has an impeccable record, every client they have taken on in 2011 and 2012 they have been successful in negotiating a settlement, and we are talking a settlement that is finically intelligent.

Dave
FAS
(888) 328-4877

]]> By: ahaaaa!! https://4closurefraud.org/2012/06/13/victory-citibank-cancels-foreclosure-auction-of-minneapolis-moms-home-commits-to-loan-modification-with-reduced-payments/#comment-381910 Wed, 13 Jun 2012 13:48:19 +0000 https://4closurefraud.org/?p=47970#comment-381910 You got it!!! they did, well tried to do that with us…4,5 times don’t remember exactly ,after 6 months you have to pay that AND MUCH MORE…its another trick more.
By the way ,we have to hurry up, they bought a lot of judges in California, and started to dismiss the the fraud claims WITH PREJUDICE… This is not. Over for all of us…we are facing a dark future …..only if we are united we will win….take care people….search..investigate..don’t wait for One of the Crook attorneys to just get the few bucks you hardly keep…

…of course we lost all with a lot of help of one of this bastards….

]]> By: Pamela Edwards https://4closurefraud.org/2012/06/13/victory-citibank-cancels-foreclosure-auction-of-minneapolis-moms-home-commits-to-loan-modification-with-reduced-payments/#comment-381905 Wed, 13 Jun 2012 13:27:54 +0000 https://4closurefraud.org/?p=47970#comment-381905 Notice it’s only 7.5 years and then you have to pay back everything they modified payment wise and the house payment either goes back to what it was or higher.This why moifications only work in a temporary format.They are not a solution for the problem only a bandaid .I wish them the best of luck but this will only bring the next round of foreclosures.

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