Compare Mortgage Quotes

Garry4a · Joined: 26 Mar 2010 Posts: 1 1.00 Dollars($)

I have citi forclosing on my home. I asked for a copy of my note and D.T.. They sent me a copy and it states that they are the hiolder/ owner of the note and deed of trust.
They also serves the loan.
ok, I go to a Hope save your home meeting for help and meet with a citi rep. He state that he only able to do certain thing for me because Freddy Mac owns the loan !!
I look up on Freddy Mac's web site and they state they own the loan?
Yet citi is forclosing as the owner of the loan and their is nothing recorded in the public records about Feddy.
My question is 1) whom really/legally posses my original note and D.T.?
2) How do I go about locating the original Note & D.T. ?
3) have I asked the all correct questions?

smithsussane · Posted: Fri Mar 26, 2010 10:43 pm Post subject:

Hi Garry!

Welcome to forums!

Citi is your loan servicer whereas Freddie Mac is the investor. If you default on your loan, the lender, i.e. Citi will foreclose your property. As Freddie Mac is the investor, you may get certain programs which may help you in saving the property. You can apply for a loan modification in order to save the property. It will help you in lowering your interest rate or reducing your principal balance which will make it affordable for you to pay off the loan.

Feel free to ask if you've further queries.

Sussane

Guest

I still do not know where Freddy came into the picture ? As I mentioned before there is nothing recorded in the records office.

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Compare Mortgage Quotes

Mortgage owner

Bookmark this page

Helpful References

Calculators

Financial Tools

Our Community

Community Rewards

Followers (252)

455 People like Mortgage

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1