City National Bank Unethical Loan Practices in Partnership with FDIC Internet

CNB rep Norma Navarro is very shady and needs to be investigated in taking kick backs. the suspicion is ordering a low appraisal on a property so her clients can go back and negotiate a lower purchase price. Appraisers were not forthright and unprofessional and wouldn’t even leave a business card who they were.  

This bank received TARP funds 400 million..That could be classified as taxpayer funds..

Maybe the person involved is this matter is part of a bank failure in which the following can happen:

1. The old/new bank would not renew loan because of high LTV(real estate) and/or business/personal financial condition at the time or just did not want to and called the note.

2. Was a construction loan in progress when previous bank failed and the new bank would not continue funding for a variety of reasons.

3. The bank recieved the assets from the FDIC for little or no consideration along with a nice loss share agreement which includes all costs related to manage the asset and are required to exhaust all efforts to collect on loans in order to exercise their loss share agreement. The bank has very little incentive to make a loan work during these times and they may make more by not making it work.

4. Just didn't pay or having trouble paying due to job loss, business condition,etc.(hardship)

Not everyone is defaulting because they want to.

The bank's got bailed out by the taxpayer and don't help people that are having a tough time, if this is the case it can be very frustrating and stressful for the people involved who are just trying to survive.

Perhaps you should take a look and see that the FDIC is. 

The FDIC stands for the Federal Deposit Insurance Corporation.  The FDIC ONLY guarantees that an account holder will not loose their funds if the bank fails.  It has nothing to do with insuring loans if you can't pay it.  The FDIC receives NO tax dollars, it is funded strictly by the bank and interest off of US Treasury Bonds.

But baring that little minor bit of mis-information, let's try to fill in the missing information from your actual issue.

It appears that you have become delinquent and are upset that the bank won't allow you to change the terms of the original loan to what you want.   It also seems as if you may have been sued and the courts said you not only owe the money, but also the legal fees and costs that were incurred for suing you.  

Bet I am very close.  If not then how about telling me where I am wrong.   You know things like what type of loan you have, how delinquent you are.  And of course how exactly you want them to "work with you"