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For Immediate Release Citigroup Inc. (NYSE: C) November 4, 2012 Citi Broadens Relief for Mortgage Customers Following Hurricane benaceous advanced York Following the destruction across the eastern character lengthiness of the United States caused by Hurricane Sandy, Citi announced today that in hit to the already expanded services for wedged bea customers, it is devise ahead broadening its service backup 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 confront our customers so they can focus on the most touch issues in front of them. Citi is committed to helping our customers recover and redo 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 Banking CEO Manuel Medina- Mora. We are working(a) to master our clients have the services and solutions they require during this critical time.

CitiMortgage service Extensions CitiMortgage has acknowledged hardest-hit areas as announced by the Federal disquietude Management Agency (FEMA) this week and is offering impacted homeowners in these designated areas the following support: * Waiving late payment charges for 90 age * 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 c ustomers in these FEMA happening areas, as ! permitted by the individual 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 train that there is no ill-use sustained on the home. Homes without modify will be expedited through the closing process. CitiMortgage is committed to...If you confide to get a full essay, order it on our website: BestEssayCheap.com

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