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 Migeru - Jan 31 21 comments
by afew - Jan 28 30 comments
by melo - Jan 23 4 comments
by gmoke - Jan 15 5 comments
by DoDo - Jan 20 4 comments
by Frank Schnittger - Jan 16 111 comments
by ChrisCook - Jan 1 66 comments
by Migeru - Jan 3121 comments
by afew - Jan 2830 comments
by melo - Jan 234 comments
by DoDo - Jan 204 comments
by Frank Schnittger - Jan 16111 comments
by gmoke - Jan 155 comments
by afew - Jan 550 comments
by rifek - Jan 59 comments
by DoDo - Jan 25 comments
by ChrisCook - Jan 166 comments