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Real Estate & Property Law

: Housing Wire

Citi Postpones Foreclosures for 30 Days

By JON PRIOR

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Citigroup (C: 3.309 +3.41%) will suspend foreclosures nationwide for all Citi-owned mortgages starting Dec. 18, 2009 through Jan. 17, 2009. Borrowers with loans under CitiMortgage and CitiFinancial and who meet certain criteria will avoid foreclosure sales or foreclosure notifications for 30 days. Also, evictions on real estate owned (REO) property will cease during this period as [...]

Full post as published by Housing Wire on December 17, 2009 (boomark / email).

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