While this sounds and looks great I would suggest any interested thread lightly and read everything given as well as document what's said! We've already seen we're no longer in the economic and business world being built by those before us of some thirty to forty years ago, and that was yet perfect, but especially as to bankers, big businesses, wall street and others the con games keep switching for not good business practices but higher bottom line profits which are then hoarded and not re-invested!!
19 May 2011 - CitiMortgage today announced the Citi® Disabled Veterans Mortgage Relief Program, a new initiative that will allow veterans wounded, injured or otherwise disabled in the line of duty to make reduced monthly payments on CitiMortgage-owned mortgages. The new program will offer an interest rate reduction of 2.5% on existing mortgages for a period of two years. Surviving spouses of military personnel who died while on active duty may also be eligible for the program.
The offer is part of the Citi Homeowner Assistance Program, which features a number of initiatives to help borrowers in hardship. Borrowers do not have to be delinquent or facing imminent default to participate in the program, and there are no fees to participate.
“At CitiMortgage, we are committed to helping serve the needs of current and former members of the armed forces,” said Sanjiv Das, CEO of CitiMortgage. “We recognize that wounded or disabled veterans may be having financial difficulties in this challenging economic environment, and they warrant our heightened consideration. If they do not qualify for other assistance programs that are available, we are offering this program as another potential form of support.”
Iraq and Afghanistan Veterans of America (IAVA) Founder and Executive Director, Paul Rieckhoff, said, “IAVA applauds Citi for its new Disabled Veterans Mortgage Relief Program. This program is a solid step towards helping our wounded warriors and their families who have sacrificed so much for our country. Foreclosure and unemployment have hit military families particularly hard in this economic crisis. IAVA and our 200,000 members nationwide welcome this initiative to support our community and we hope to see Citi's continued leadership in this space."
About the Citi Disabled Veterans Mortgage Relief Program {continued}
No comments:
Post a Comment