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When the loans predictably defaulted, mortgage servicing company employees were instructed to lie to customers, claim to have lost loan modification applications when they actually shredded them, and push customers into foreclosure, which maximized servicer fees.
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CitiMortgage transferred the loan servicing duties to Bayview Loan Servicing, LLC. 4 On March 24, 2009, Bayview sent the Jacobsons a default letter demanding payment of all past due amounts within 30 days or the loan would be accelerated with the entire obligation due and payable, along with the commencement of foreclosure proceedings.
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I paid off my loan balance on my mortgage last year, in 2012. Since then I have been waiting for the company to send me my cancelled note and release of mortgage(or reconveyance of deed of trust. My name is Grover Walker and the property address of the mortgaged property is (Personal Information Removed)
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The court opinions that follow prove foreclosure victims cannot rely upon CFLA securitization, chain-of-title, and loan audit services. Why? Because the borrowers who tried to rely on them lost in court. caveat emptor (let the buyer beware). Court Opinions Showing Borrowers LOSE by Relying on CFLA Audits