Mar 10
30
Letter to Vikram Pandit, CEO Citigroup
My thought is, start appealing to the top brass with hope it will have a trickle down effect. Following is just one of the letters I have emailed to the CEO of big boy lenders:
Dear Mr Pandit,
I read the article on Housing Wire and was delighted to see that Citigroup is paving the way with flexibility on loan modifications.
Every time I see an opportunity, I get on my soap box about providing different guidelines for investment properties. Unfortunately investors got the raw end of the deal because there are no special provisions or programs to assist investors with modifying their mortgages. It’s the very reason I decided to revamp my 20 year career as a real estate broker and become a certified loan modification officer. I now specialize with modifying loans for investors. One of my investor’s is in the process of modifying 13 loans (none with Citigroup), so far two have been modified. If the property is occupied and an owner is collecting rent, it makes sense to modify to current market rent. I submit an extensive package that includes MLS reports with current market rents and current selling value.
Helping investors keep their properties truly helps the lenders, real estate industry and of course the tenants occupying rentals. As the old real estate saying goes . . . I am ready, willing and able to assist and provide guidance for investor loan modifications.
Respectfully,
Agi Anderson
Certified Loan Modification Officer
A1A Financial Recovery
Related posts:
Agi Anderson, CDPE, compiled changes made to Make Affordable HARP refinancing program, October 2011 ~ to see if you qualify, just enter your name and email to request HARP guidelines. (make sure to check spam for email confirmation)
