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Real Estate & Property Law

: Housing Wire

Citi Marks $1 Billion to Refinance Mortgages

By DIANA GOLOBAY

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Citigroup (C: 3.66 -5.18%) plans to lend $1bn in mortgages to qualified borrowers looking to refinance their primary residences. Today’s announcement comes as part of the bank’s four new initiatives that will cost up to a combined $8.25bn, as outlined in its second quarterly Troubled Asset Relief Program  progress report. Citi’s efforts to lend to the mortgage [...]

Full post as published by Housing Wire on May 12, 2009 (boomark / email).

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