Citifinancial mortgage
Junior Lien Not Released for Short Sale, Wage Garnishment Letter

My wife and I are trying to sell our house (built in 1950, needs work). The first lien is with WAMU, and they are willing to do a short sale. The problem is that Citifinancial will NOT remove the junior lien for $1,000 (this is all WAMU's investors will allow to give Citi). We have offered to give Citi the junior lien position on a brand new home that we have in Alabama for the balance due. We have always paid Citi on time!

We showed them the buyer's contract to buy, the listing agreement and the short sale agreement from WAMU, proving that WAMU will only give them $1,000. Citi will not agree to recast our loan and move the lien to our other house! They want $9,000 to settle the $15,000 debt. If I had $9,000, I would jump at that and the house would not foreclose! I have been telling Citi for 4 months that I do not have that kind of money! No one will listen. I have called the district and regional manager and the office in Baltimore, and the guy there was really rude to me.

The best part is that today I received a letter saying that they are trying to garnish my wages. So I am going to let WAMU foreclose, and then Citi will not be able to garnish or collect another dime! That is what they get for being greedy and rude!

Company: Citifinancial mortgage
Country: USA
Site: citifinancialmortgage.com

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