The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
But, odds are that the fobbed off the original loan, or it was fobbed off long before Citi came in. As a person with a record of decades of good payment, his was probably sold with packages of trash loans to balance them out.
Citi could straighten it all out by giving him a new loan...which he wants since it would give him lower payments at a time when 3 different clients have run out on their leases over the last year, leaving a basically empty building except for the lessee who hasn't paid in two years...but he has been paying the mortgage out of his savings.
Citi could get a new clean note, my dad would get a lower payment, everyone happy. Are they that clever. No. They won't even consider giving him a new loan.
Never underestimate their intelligence, always underestimate their knowledge.
Frank Delaney ~ Ireland
by eurogreen - Nov 13 1 comment
by john_evans - Nov 16 64 comments
by gmoke - Nov 30
by john_evans - Nov 1664 comments
by eurogreen - Nov 131 comment
by ChrisCook - Nov 23 comments