- Report: #837648
Report - Rebuttal - Arbitrate
Complaint Review: CitiBank Mortgage
CitiBank Mortgage1000 Technology Dr Internet United States of America
CitiBank Mortgage Denial of a Release of Liability, Internet
*Consumer Comment: A quit claim deed does not release liability for the mortgage
*Consumer Comment: Comments
*Consumer Comment: To Jon : with Citibank Mortgage problem
CITIBANK claims the ONLY way to remove my name from the mortgage is to refinance it. As I discovered, my ex-spouse had also "modified" the loan under a government program to a NEW RATE and TERM from the original contract -- all without my knowledge, approval, or signature. Call it what you will but sure sounds like a "re-finance" to me. Even though she has qualified for these new terms on her own accord, I still can't remove my name from the note.
There is no chance she'll do that now with the current arrangement CITIBANK has provided her. I am being held financially accountable (read: hostage) infinitem for something I didn't sign up for and exposed to financial ruin should my ex ever default on the property! This scenario is not unique. I'm searching for an attorney who would like to roll this up into a CLASS ACTION SUIT.
This report was posted on Ripoff Report on 02/11/2012 01:31 PM and is a permanent record located here: http://www.ripoffreport.com/r/CitiBank-Mortgage/internet/CitiBank-Mortgage-Denial-of-a-Release-of-Liability-Internet-837648. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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