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Dec 21, 2009
Holiday Respite for Some Citigroup Borrowers
CNN.Money.com reports that Citigroup will halt foreclosures and evictions for 30 days, between December 18th and January 17th. The move on Citi's part will affect an estimated 4,000 borrowers who meet certain criteria. In a statement, Sanjiv Das, Chief Executive of Citimortgage said "We hope that with this suspension we can make the holidays a little less stressful for our customers who are going through a very difficult time.".
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