CitiMortgage and VeteransPlus, a national Veteran Service Organization, are coming to the Washington, D.C. area on Thursday, October 17 with Citi’s proprietary 2013 Road to Recovery for Military, featuring a homeowner-support event for current and former members of the Armed Forces. At this event, Citi’s Homeowner Support Travel Team of mortgage professionals and VeteransPlus financial counselors will have one-on-one discussions with current and former service members in need of assistance with their mortgages. All military service members and veterans are invited and do not have to be CitiMortgage customers to attend. Non-military CitiMortgage customers are also invited to attend.
Jane Fraser, CEO of CitiMortgage, said, “Providing homeowner support to our active-duty troops and veterans is immensely important to us. They sacrifice so much to protect and safeguard our country and our freedoms. We would like to thank VeteransPlus, along with other organizations and individuals who have so generously offered their time and expertise to help us in our efforts.”
Any present or former military personnel may attend the event to gain understanding of potential solutions based on their individual circumstances. In these one-on-one sessions, borrowers facing financial challenges can get clear answers to questions about their mortgages in a private setting. Any military mortgage borrowers who have missed payments or believe they may miss payments in the future are encouraged to attend.
“We provide financial education and counseling to thousands of service members and their families each year,” said John Pickens, Executive Director of VeteransPlus. “When Citi asked us to support their outreach efforts to the military community, we were happy to help. Together, we are helping ensure that veterans and service members get all the assistance they need and the financial peace of mind they deserve."As part of the company-wide Citi Salutes initiative to support service members, veterans, and military families, CitiMortgage has developed and implemented a variety of additional programs to assist active duty military and veterans. Last year, Citi introduced the Citi Military PCS (Permanent Change of Station) Transfer Assistance Program, a reduced payment program for qualifying service members who have PCS orders. Service members required to relocate who have CitiMortgage-owned first mortgages may have their monthly payments reduced to $250.00, or to their escrow payment only, for a six-month period. The company also offers the Citi Disabled Veterans Mortgage Relief Program, which allows veterans disabled in the line of duty to make reduced monthly payments on CitiMortgage-owned mortgages. Citi Salutes focuses on connecting veteran consumers and job-seekers with access to Citi’s entire range of services geared to the veteran community, including career opportunities, banking products, services, and counseling tailored to meet the unique needs of service members and their families, and partnerships with veterans service organizations. More information is available at www.citisalutes.com.
|Citi Road to Recovery for Military in Washington, D.C. area:|
|Who:||All military homeowners, both current service members and veterans, and CitiMortgage customers who are having difficulty making mortgage payments and needing assistance|
|What:||Citi® Road to Recovery for Military Washington, D.C. Homeowner Assistance|
|Details:||Thursday, October 17|
|12:00 PM – 7:00 PM|
|Where:||Hilton Alexandria Mark Center|
|5000 Seminary Road|
|Alexandria, Virginia 22311|
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