Citi Commits To Second-Lien Mod Program

Citi has committed to participating in the federal government's Second Lien Modification Program (2MP), becoming the fourth servicer to do so.

‘It is our priority and commitment at Citi to help homeowners in need,’ says Vikram Pandit, CEO of Citigroup. ‘The 2MP program will further improve the affordability on mortgages and help families facing financial distress stay in their homes.’

Citi joins Bank of America, Wells Fargo and J.P.Morgan Chase in participating in 2MP.

SOURCE: Citi

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