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citigroup Real Estate Blog; February, 2009 Archive
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PNC joins other banks halting foreclosures until help arrives

02/27/09 20:04

Homeowners in danger of losing their homes to foreclosure get a break from PNC Financial Services Group as they join a list of banks that are giving a temporary reprieve until the Obama administration's plan takes hold.

Read more: PNC joins other banks halting foreclosures until help arrives [click]

Index for Pennsylvania
Pennsylvania Tags: obama s mortgage plan • foreclosures • jp morgan chase • citigroup •
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Citigroup forced to comply with FDIC rules

02/07/09 21:01
The Citigroup Inc., was forced to curb executive pay and reduce stock dividends to be able to grab onto the $346 billion bailout and now needs to expand and use government's mortgage-relief program to meet regulator's demands. The bank will be using Federal Deposit Insurance Corp.'s loan modification formula that seeks to prevent foreclosures with a reduced mortgage payments. More details on the link below.

Read more: Citigroup forced to comply with FDIC rules [click]

Index for New York
New York Tags: citigroup • mortgage relief • loan modification formula • fdic •
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citigroup Archives: • February, 2009 •



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citigroup Real Estate Blog; February, 2009 Archive

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