Citi to suspend foreclosures: Happy Holidays
Citigroup (C) has announced it will suspend foreclosures and evictions from Friday through Jan. 17. It's a nice gesture, one driven by PR as much as generosity. Kicking people out of their homes over the holidays just might make the press. The gift applies only to loans that are owned by Citi. Loans owned by investors are out of luck. Article
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