Tag: citibank

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National Mortgage Servicer Settlement Progress

National Mortgage Servicer Settlement Progress Report We previously wrote about the 25 billion dollar National Mortgage Servicer Settlement and how it, supposedly, helps distressed NY homeowners. The affected servicers are: Bank of America: 877-488-7814 Citibank: 866-272-4749 Chase: 866-372-6901 GMAC/ALLY: 800-766-4622 Wells Fargo: 1-800-288-3212 The above servicers have agreed to provide at least $25 billion in […]


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Filing Error Prevents Bank From Collecting Debt

Filing Error Prevents Bank From Collecting Debt Recently, a trial court decided that Citibank could not recover a credit card debt, because its attorney forgot to attach an affidavit to a court filing.  The affidavit should have provided the amount of debt the defendant was alleged to have owed.  Without an affidavit stating the amount […]


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News: 7 lenders ordered to review their foreclosure procedures

The following is from a recent Washington Post article: A top federal bank regulator said Thursday that he has directed seven of the nation’s largest lenders to review their foreclosure processes after learning about the widespread mishandling of homeowner evictions by the industry. John Walsh, acting director of the Office of the Comptroller of the […]


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