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Citi Earning Substantial Extra Credit for Mortgage Relief Settlement

Citi Earning Substantial Extra Credit for Mortgage Relief Settlement

September 3, 2015
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About a fifth of the $163 million in credit Citi has earned under terms of the 2014 settlement would be considered extra credit. Citi can earn extra credit by doing things such as completing loan modifications early or reducing loan-to-value ratios below certain levels.

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