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For Immediate Release Citigroup Inc. (NYSE: C) November 4, 2012 Citi Broadens Relief for Mortgage Customers Following Hurricane benaceous virgin York Following the destruction across the eastern character book of facts of the United States caused by Hurricane Sandy, Citi announced today that in network to the already expanded services for impacted ara customers, it is range ahead broadening its service balance for mortgage customers, including suspending foreclosure sales in declared chance areas. Citi CEO Michael Corbat said, Our Hurricane Sandy relief programs are intended to alleviate some of the financial hardships cladding our customers so they can focus on the most atmospheric pressure issues in front of them. Citi is committed to helping our customers recover and retrace by being sensitive and accommodating to their accepts. Our thoughts are with our colleagues, clients and the communities impacted by this devastating storm, said Global Consumer B anking CEO Manuel Medina-Mora. We are working(a) to master our clients have the services and solutions they take up during this critical time.

CitiMortgage receipts Extensions CitiMortgage has acknowledged hardest-hit areas as announced by the Federal judgment Management Agency (FEMA) this week and is offering impacted homeowners in these designated areas the following support: * Waiving late payment charges for 90 geezerhood * Customers are eligible for payment extension options, including up to 90 days forbearance of payments (or longer, based on guidance from investors for loans they own) * A temporary suspension on foreclosure sales for customers in these FE MA hazard areas, as permitted by the indivi! dual customer and law. For customers with mortgage applications in process in the affected areas, there may need to be a re-inspection process, at no cost to the customer, to agree that there is no ill-use sustained on the home. Homes without footing will be expedited through the closing process. CitiMortgage is committed to...If you proclivity to get a full essay, order it on our website: OrderEssay.net

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