This is a topic titled Indymac 1st Mortgage and Citi Mortgage as 2nd made in the Home Mortgage section, belongs to our Mortgage Chat category; Ok, here is my situation. I have a $250,000 1st mortgage with Indymac and a $63,000 2nd mortgage with Citi Mortgage. Houses in my neighborhood have depreciated greatly, ...
| |||||||
| Members List | Search | Today's Posts | Mark Read |
| | #1 |
| Senior Member Registered: May 2008
Posts: 907
| Ok, here is my situation. I have a $250,000 1st mortgage with Indymac and a $63,000 2nd mortgage with Citi Mortgage. Houses in my neighborhood have depreciated greatly, a house larger than mine just sold for $220,000. I am also in the midst of filing chapter 7 bankruptcy and have a 2nd house with Indymac that I was going to shortsale. Where should I start? I would like to keep my first house, as this is my HOME. I lost my business this year so my income has gone down and is only $36,000 a year. Should I let Indymac know that I am filing for bankruptcy but would like to see about doing a loan modification to keep my house. I just don't know where to start. :confused: |
| | |
![]() |
| Tools | |
| Display Modes | |
| |
| ||||
| Topic | Started By | Category | Replies | Last Post |
| Can Citi Mortgage allow Loan Modification when I have not been late on the payment? | Mike | Credit Problems | 0 | August 14th, 2008 09:39 AM |
| Mortgage Modification IndyMac SUCCESS!! | Mike | Home Mortgage | 0 | July 24th, 2008 06:00 AM |
| Mortgage Modification in process with IndyMac - Now what? | Mike | Credit Problems | 0 | July 14th, 2008 04:39 AM |
| Prospect mortgage to aquire Indymac Mortgage retail branches | Mike | Credit Problems | 0 | July 13th, 2008 11:49 AM |
| Citi Mortgage Emails | Mike | Credit Problems | 2 | May 6th, 2008 11:57 AM |