Tag: citigroup

Citi Enters the Rental Business

Posted on August 28, 2012 by - First Time Home Buyer, Local Michigan, Mortgage Tips

The mega-bank Citi has announced plans to get into the rental business. The bank kicked off a great new program this past Wednesday to rent out 500 homes to homeowners who are having difficulty paying their mortgage. Instead of putting the loans into foreclosure and kicking the owners out, the homeowners may be offered the… Read more »

Historic Mortgage Settlement Worth $26 Billion

Posted on February 9, 2012 by - Local Michigan

Remember those huge bailouts that came from the government to help bailout the banks at the bottom of our recent economic downturn?  Well it seems another historic bailout is on its way.  This bailout aims to help one million American homeowners that are in desperate need of mortgage relief.  Who is this bailout coming from… Read more »