Slide 1: Citi REO Strategy & Community Relations
Citi REO Strategy & Community Relations September 15, 2009
Slide 2: Background
Background Industry wide, REO Departments are responsible for marketing and managing a company’s Real Estate Owned (REO) inventory effectively. They work to protect the company from legal and reputational risk, and mitigate losses by disposing of the properties expediently, and for as close to mar
Slide 3: Citi REO Program Highlights
Citi REO Program Highlights Citi has a long history, and continues to support organizations and initiatives focusing on Community Stabilization and Preservation like Habitat for Humanity and National Community Stabilization Trust Citi was one of the original participants in the National Community St
Slide 4: Balance between Business and Community Needs
Balance between Business and Community Needs Citi REO Department and Community Relations continue to: Evaluate and adopt best business practices, products and services Collaborate with non-profits and government entities Supplement business activities with grants and contributions to support p
Slide 5: Citi REO Process for Partners
Citi REO Process for Partners Non-profit or Government entity contacts Citi for information on property (properties located on website): https://www.citimortgage.com/Mortgage/Oreo/SearchListing.do Citi refers inquiry to the National Community Stabilization Trust (if NCST is operating in region
Slide 6: Citi REO - Resources
Citi REO - Resources To view properties available for sale, please visit our website at : https://www.citimortgage.com/Mortgage/Oreo/SearchListing.do The site includes the list price and the name and phone number of the listing agent or outsource company who can arrange to show the home. Toll Free
Slide 7: End Notes
End Notes Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through its two operating units, Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad r