Rochester, NY 8/25/2009 10:03:02 PM
Citigroup, Inc. C, Citi Reports Foreclosure Prevention Activities Helped 108,000 U.S. Homeowners
Citigroup, Inc. C
Citi that the company consumer mortgage lending and in the second quarter rates successfully helped 108,000 mortgage holders across the country avoid from the potential foreclosure and remain in their homes. The total number of the company initiatives was almost 30% higher than the previous quarter compare to second quarter.
The total number of Citi-serviced homeowners since the start of the U.S. housing crisis in 2007 to 625,000, with a total original value of more than $67 billion through modifications, and the other loss mitigation activities.
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