Citibank Mortgage Complaint

Conventional adjustable mortgage (ARM) Loan modification,collection,foreclosure

Citibank Mortgage department,

Conventional adjustable mortgage (ARM) Loan modification,collection,foreclosure California

We bought our house in 2005 in benefit of our family. We have - daughters and my older mother living with us. We purchased the home with a big down payment and using our savings to fix it. Due to the economy crisis I lost my job and my wife took over all the responsibilities. I was sick and -. CITIMORTGAGE owned my loan and we asked for help to modify my loan. I was approved for Loan Modification HAMP TPP Trial Program. CITIMORTGAGE told me to continue making my payments without skipping any payments. I continued making my payments every month for about 14 month, but they continued asking for the same documents over and over. Every month I asked them when will I get my final approval and the answer was that We were approved they werejust waiting for another department to finalized the paperwork and they will send my final approval by mail. Aftermore than a year CITIMORTGAGE Transferred of sold my loan to - - without asking me or telling anything about my pending Loan Modification that we were approved. It was until maybe 2 months later when I received a letter from - - saying that they were my new lender. This is a breach of contract. - - said the could not process my payments and I have to start all over again!!!!. - - said that they could not honor my payments because they did not have my file. CITIMORTGAGE intentionally sold the loan to - Bank - now - - did n't want to process the loan modification. and they want to foreclose on my property. this is a totally abuse from BOTH BANKS ITS NOT ACCEPTABLE.

Citibank customer in California
Sep 16, 2015

* Source: CFPB Complaint Database

Citibank response to complaint:
Closed with explanation

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Contact Citibank

http://online.citibank.com/
800-870-1073
701 E 60th St N
Sioux Falls ND 57104
Citibank
Citibank

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