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  2. Citi Announces Pilot Program to Avoid Foreclosures - AOL

    www.aol.com/news/2010-02-11-citi-announces-pilot...

    Citigroup (C) has announced a pilot program called the Citi Foreclosure Alternatives Program that will allow CitiMortgage borrowers to avoid foreclosure and remain in their homes for six months ...

  3. 2010 United States foreclosure crisis - Wikipedia

    en.wikipedia.org/wiki/2010_United_States...

    [3] [4] The foreclosure crisis caused significant investor fear in the U.S. [5] A 2014 study published in the American Journal of Public Health linked the foreclosure crisis to an increase in suicide rates. [6] [7] One out of every 248 households in the United States received a foreclosure notice in September 2012, according to RealtyTrac. [8] [9]

  4. An Arizonan's Nightmare Journey Through Citi's Foreclosure System

    www.aol.com/news/2010-11-22-arizonans-nightmare...

    This week is the fourth time John (who declined to use full name) is facing an imminent foreclosure date since he approached. Skip to main content. 24/7 Help. For premium support please call: 800 ...

  5. National Community Stabilization Trust - Wikipedia

    en.wikipedia.org/wiki/National_Community...

    The National Community Stabilization Trust (NCST or Stabilization Trust) is a Washington, D.C.–based non-profit organization that facilitates the transfer of foreclosed and abandoned properties from financial institutions nationwide to local housing organizations to promote property reuse and neighborhood stability.

  6. Robo-Signing: Documents Show Citi and Wells Also ... - AOL

    www.aol.com/news/2010-10-02-robo-signing-scandal...

    Kennerty testified that he signs 50 to 150 documents a day, verifying only the date on each. Although the foreclosure in that case was upheld, Wells Fargo did not dispute Kennerty's signing practices.

  7. Subprime mortgage crisis - Wikipedia

    en.wikipedia.org/wiki/Subprime_mortgage_crisis

    Increasing foreclosure rates increases the inventory of houses offered for sale. The number of new homes sold in 2007 was 26.4% less than in the preceding year. By January 2008, the inventory of unsold new homes was 9.8 times the December 2007 sales volume, the highest value of this ratio since 1981. [ 78 ]

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