Photo By Jeff Skrenes Further information has come loose in regard to the alarming situation at 3007 3rd St. N.. the subject of some earlier posts.
Evanner Haymon, the former owner of the notorious "pill house" at 3020 6th St. N., which is facing eviction and evacuation any moment, has become the owner of 3007 3th St. N., which sits nestled between an apartment complex and homes. The homes hold senior citizens and a vulnerable non-English speaking family with at least one small child. HOW CONVENIENT!!!!
Well, guess who is helping Evanner Haymon to own this property and (we presume) set up shop there?
Oh, no fair, you read the headline. Yes, that's right, it's...
...our old foe CitiMortgage, which is listed in a public record as the "servicer" of the loan. (This information is second hand, but I trust the source. Contrary or additional info is welcomed. See comment threads below)
CitiMortgage was the subject of a lawsuit by the Hawthorne Neighborhood Council--I do not speak for the HNC--which asserted "improvident lending." This novel lawsuit--which reportedly made mortgage companies all over the United States lose sleep and break out in night sweats over the possible legal outcomes--was settled out of court.
Nobody really expected CitiMortgage to clean up its act in the wake of the lawsuit, but at a minimum we expected they'd clean up their act IN THE HAWTHORNE NEIGHBORHOOD. We were all acting under a presumption Evanner scraped up some cash and bought this property. Now we find out the former owner of the "pill house" at 3020 4th St. N. allegedly has a friend in the banking industry: CITIMORTGAGE.
This news may take some of the steam out of the Hawaiian theme party we were planning to have when 3020 6th St. N. is evacuated. In the meantime, it's my (unpaid and increasingly burdensome) job to help spread the word: LAWYERS ARE INVOLVED. There will certainly be some attempt to contact CitiMortgage.
I wonder if they'll just ignore the communication like they did before, which was why we (that is to say, the HNC, an entity I do not speak for) HAD TO SUE THEM!!!!!!
Please note: Evanner's name has been known to take on spelling variations.
Evanner Haymon, the former owner of the notorious "pill house" at 3020 6th St. N., which is facing eviction and evacuation any moment, has become the owner of 3007 3th St. N., which sits nestled between an apartment complex and homes. The homes hold senior citizens and a vulnerable non-English speaking family with at least one small child. HOW CONVENIENT!!!!
Well, guess who is helping Evanner Haymon to own this property and (we presume) set up shop there?
Oh, no fair, you read the headline. Yes, that's right, it's...
...our old foe CitiMortgage, which is listed in a public record as the "servicer" of the loan. (This information is second hand, but I trust the source. Contrary or additional info is welcomed. See comment threads below)
CitiMortgage was the subject of a lawsuit by the Hawthorne Neighborhood Council--I do not speak for the HNC--which asserted "improvident lending." This novel lawsuit--which reportedly made mortgage companies all over the United States lose sleep and break out in night sweats over the possible legal outcomes--was settled out of court.
Nobody really expected CitiMortgage to clean up its act in the wake of the lawsuit, but at a minimum we expected they'd clean up their act IN THE HAWTHORNE NEIGHBORHOOD. We were all acting under a presumption Evanner scraped up some cash and bought this property. Now we find out the former owner of the "pill house" at 3020 4th St. N. allegedly has a friend in the banking industry: CITIMORTGAGE.
This news may take some of the steam out of the Hawaiian theme party we were planning to have when 3020 6th St. N. is evacuated. In the meantime, it's my (unpaid and increasingly burdensome) job to help spread the word: LAWYERS ARE INVOLVED. There will certainly be some attempt to contact CitiMortgage.
I wonder if they'll just ignore the communication like they did before, which was why we (that is to say, the HNC, an entity I do not speak for) HAD TO SUE THEM!!!!!!
Please note: Evanner's name has been known to take on spelling variations.
CitiMortgage is one of the worst lenders around. They hold the mortgage on my property, and my property (in Jordan) will be sold at sheriff's auction next week. CitiMortgage was not at all willing to help find a solution, despite all their talk to the contrary. When a life-theatening illness cut my work hours substantially, CitiMortgage didn't care. Nope, they said, they could not adjust the balance of the mortgage. Initially, they said they wouldn't even talk to me until I'd missed a couple of payments. Then they said I didn't quality for any of their programs because I was more than 30 days behind in payments. CitiMortgage doesn't deserve to stay in business.
ReplyDeleteSorry to hear that. Glad I can provide a place for you to make these matters public.
ReplyDelete@ first anon commenter. I am sorry for your struggles. I too, have lost my home to foreclosure, mostly for reason's of a bad mortgage combined with the trememdous drop in value, approximately 50-60% drop. There were no options for me to re-fi anywhere and there is no options, no programs for writing off the drop in value and re-fi at a new more realitic value.
ReplyDeleteThis is something that John McCain was campaigning for during the economic fall-out. He said if we really want to keep people in their homes we have to find a way to deal with the tremendous loss in values and go from there. For this reason I wish he had been elected!
Mortgage Geek - can you chime in here? Can't there be something done about this? Let's say if a home is now worth 50% of what the loan is, can't the bank write off 20% and the homeowner eat 20% such as an IRS 1099, and the the new loan be written at 110% of it's new value? It seems like a good compromise.
If this guy, "The Devil" as you so eloquently call him, has lost 2 or 3 houses to foreclosure already then what's to make you think he won't lose this one also? I'm sure that some, if not all, of the debt (along with a healthy dose of Karma)from these failures has to be following him in some form or another no matter where he goes these days. You, and the readers of this and other blogs, keep shining the light on these types will make it harder for them to "slide by" as they may have in the past.
ReplyDeleteHold him accountable for his actions past, present and future! Make sure his property is up to code and the people who frequent his place(s) know they are being watched and, if suspected, reported to the proper authorities when warranted...
Maybe Mr. Hey-man will shape up... but I doubt it...
The reason he won't lose his house to foreclosure is because he likely does NOT have a mortgage. The house sold for roughly $10,000. Because his other properties have gone into foreclosure, he has gone the 6-month statutory redemption period without making mortgage payments.
ReplyDeleteEven though we've cut down on his illicit income, I'm sure he was able to save up enough to buy this place with no mortgage. Plus, a drug dealer with multiple foreclosures, a pending lawsuit against him, and probably no legitimate income...maybe that person could have gotten a mortgage several years ago, but not now.
There is no maybe about whether he will shape up. He needs to go directly to jail; do not pass go, do not collect $200.
If Banks and Financial Institutions were held to the same standards as owner occupants we wouldn't have so many foreclosures.
ReplyDeleteMake the lenders maintain these properties or have our city/county government sue them under the nuisance laws.