Need advice!!! BOA is the 1st - CITI is the 2nd

Fighting with CITI the 2nd on commissions. Through the Bank of America short sale they are required to pay 6%. Citi who is the second and does not pay commissions says no only 5%. Can anyone suggest how to get CITI to accept the 6%? Has anyone else had this problem?

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Permalink Reply by Michael Rigley on March 5, 2012 at 7:22am

We have been getting our 6% from Cit with few hassles. I would escalte if needed. Also, if it is a Fannie Mae / Freddiw Mac you can always use that as leverage as well.

Permalink Reply by Michael Hayley on March 5, 2012 at 7:34am

Something is strange. Citi is usually pretty competent; this is unlike them. I agree the 2nd holder has no business even commenting on the commission. Escalate to someone with a brain.

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