What You Should Know about Citigroup Monitor
The federal government, five states and the Citigroup Inc. came to an agreement because of allegations that brought against Citi. The allegations were about packaging, marketing and also selling of defective residential mortgage loans in the financial crisis of 2007-2009. These allegations were made against the organization and, in argument had to be reached regarding the same. The settlement agreement is available for people to see today and, you can get access to the different reports on the website that focuses on the monitor shape. The access is provided up to November 19, 2021. When you visit this website, you can be sure that you will be able to benefit a lot because of the different options that are going to be provided. You’ll always be able to get more information about the different settlement agreement components. There are several things that the organization committed to doing especially in providing great solutions. One thing that the platform did is to provide $2.5 billion in consumer relief. In addition to that, the platform also make sure that the relief was going to take different forms including, loan modifications for underwater and other qualifying homeowners. In addition to that, refinancing form owners and also a down payment that was going to be provided. Closing cost assistance for refinancing was also to be provided the organization in the process. Apart from that, there was also going to be the aspect of donations to organizations that usually help communities in the redevelopment and provision of high quality or affordable rental housing. This was for the people who had low-income or, low-income families that were located in very high cost areas. It’s important to understand that all the information is provided for you to visit the website and see. The website is very simple and therefore, you’ll definitely be able to see the different reports.
The first report was given in January 2015 and the last one was in November 2020. It’s important to note that the details of the reports will be available for the public and you can be able to read them if this is something that is interesting to you. Apart from that, they will also be interested in providing a lot of information regarding the different aspects of the monitor shape and also, files that you can be able to look at. It’s also important to know that the different files are available for download for anyone who is interested. It will provide an important perspective for future learning and also, reflection on the matter. The agreement was properly developed by the different partners in the talks and therefore, it was very critical. You can also see the different maps and, it is recommended that you look at them on desktop. Some of them will be focused on consumer relief, the fair housing analysis, comparison of the fair housing analysis and also, affordable rental housing. All this information is available for you to consider today for your own benefit.