Mortgage Warrior

Showing Tag: "citi" (Show all posts)

J P Morgan needs more money...

Posted by Michele Newsom on Friday, March 4, 2011,
JPMorgan needs $4.5 billion to fight 10,000 legal actions WOW cry me a river.

JPMorgan needs $4.5 billion to fight 10,000 legal actions
by KERRI PANCHUK

Tuesday, March 1st, 2011, 8:24 am

JPMorgan Chase (JPM: 45.31 -1.67%) may need a legal cushion of $4.5 billion in excess of current levels to handle litigation and regulatory actions against the banking giant, the firm said in a Securities and Exchange Commission filing.

At Dec. 31, some 10,000 legal actions are pendi...


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Citigroup and one mans troubles...

Posted by Michele Newsom on Thursday, March 3, 2011,
Posting this here as it pertains to my dealing with Citi and has some decent info from another persons point of view...
My suggestions is to read the whole forum thread as there is a LOT of info there to help...

I work in financials as a financial researcher, and was very aware of the liquidity troubles that Citi was (at the time privately) facing. I tried to use that as leverage, using a common sense approach, but Donna was unable to
1) Admit that CitiGroup was facing any type of asset tro...
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Wrongful bank foreclosure, Citimortgage

Posted by Michele Newsom on Thursday, March 3, 2011,

Wrongful Bank Foreclosure

5/15/2010
Andrew J Garcia

Loan Modification Nightmares Reported About CitiMortgage

Loan modification nightmare stories are coming in droves from consumers across the country who are complaining about the treatment that they are allegedly receiving from CitiMortgage. Every day, homeowners are telling our attorneys about their experiences with CitiMortgage and the processing, or lack of processing in most cases, of their loan modification applications. 



http://www.so...
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