KNOWLEDGEFINANCIAL.COM
CITIGROUP, CITI MORTGAGE REAL ESTATE INFO
Citigroup Inc., doing business as Citi, is a major American financial services company based in New
York, NY. Citigroup was formed from one of the world's largest mergers in history by combining the
banking giant Citicorp and financial conglomerate Travelers Group on April 7, 1998.[2] Citigroup Inc. has
the world's largest financial services network, spanning 107 countries with approximately 12,000
offices worldwide.

The company employs approximately 300,000 staff around the world, and holds over 200 million
customer accounts in more than 100 countries. It is the world's largest bank by revenues as of 2008. It
is a primary dealer in US Treasury securities[3] and its stock has been a component of the Dow Jones
Industrial Average since March 17, 1997

.[4] Citigroup suffered huge losses during the global financial crisis of 2008 and was rescued in
November 2008 in a massive bailout by the U.S. government.[5] Its largest shareholders include funds
from the Middle East and Singapore.[6] On February 27, 2009 Citigroup announced that the United States
government would be taking a 36% equity stake in the company by converting $25 billion in emergency
aid into common shares.[7]
HISTORY

Citigroup was formed on October 8, 1998, following the $140 billion merger of Citicorp and Travelers
Group to create the world's largest financial services organization.[2] The history of the company is,
thus, divided into the workings of several firms that over time amalgamated into Citicorp, a multinational
banking corporation operating in more than 100 countries; or Travelers Group, whose businesses
covered credit services, consumer finance, brokerage, and insurance. As such, the company history
dates back to the founding of: the City Bank of New York (later Citibank) in 1812; Bank Handlowy in
1870; Smith Barney in 1873, Banamex in 1884; Salomon Brothers in 1910.[8]
Citicorp
The history begins with the City Bank of New York, which was chartered by New York
State on June 16, 1812, with $2 million of capital. Serving a group of New York merchants,
the bank opened for business on September 14 of that year, and Samuel Osgood was
elected as the first President of the company.[9]

The company's name was changed to The National City Bank of New York in 1865 after it
joined the new U.S. national banking system, and it became the largest American bank by
1895.[9] It became the first contributor to the Federal Reserve Bank of New York in 1913,
and the following year it inaugurated the first overseas branch of a U.S. bank in Buenos
Aires, although the bank had, since the mid-nineteeth century, been active in plantation
economies, such as the Cuban sugar industry.


The 1918 purchase of U.S. overseas bank International Banking Corporation helped it
become the first American bank to surpass $1 billion in assets, and it became the largest
commercial bank in the world in 1929.[9] As it grew, the bank became a leading innovator
in financial services, becoming the first major U.S. bank to offer compound interest on
savings (1921); unsecured personal loans (1928); customer checking accounts (1936) and
the negotiable certificate of deposit (1961).[9]


The bank changed its name to The First National City Bank of New York in 1955, which was
shortened in 1962 to First National City Bank on the 150th anniversary of the company's
foundation.[9] The company organically entered the leasing and credit card sectors, and its
introduction of USD certificates of deposit in London marked the first new negotiable
instrument in market since 1888. Later to become MasterCard, the bank introduced its
First National City Charge Service credit card - popularly known as the "Everything card" -
in 1967.[9]


In 1976, under the leadership of CEO Walter Wriston, First National City Bank (and its
holding company First National City Corporation) was renamed as Citibank, N.A. (and
Citicorp, respectively). Shortly afterward, the bank launched the Citicard, which pioneered
the use of 24-hour ATMs.[9] As the bank's expansion continued, the Narre Warren-Caroline
Springs credit card company was purchased in 1981. John S. Reed was elected CEO in
1984, and Citi became a founding member of the CHAPS clearing house in London. Under
his leadership, the next 14 years would see Citibank become the largest bank in the
United States, the largest issuer of credit cards and charge cards in the world, and expand
its global reach to over 90 countrie
Subprime mortgage crisis
Heavy exposure to troubled mortgages in the form of Collateralized debt obligation
(CDO's), compounded by poor risk management led Citigroup into trouble as the
subprime mortgage crisis worsened in 2008.

The company had used elaborate mathematical risk models which looked at mortgages in
particular geographical areas, but never included the possibility of a national housing
downturn, or the prospect that millions of mortgage holders would default on their
mortgages.

Federal Assistance
By November 2008, the crisis hit Citigroup with full force, despite its receipt of $25 billion in
federal TARP bailout money, and on November 17, 2008 Citigroup announced plans for
about 52,000 new job cuts, on top of 23,000 cuts already made during 2008 in a huge job cull
resulting from four quarters of consecutive losses and reports that it was unlikely to be in
profit again before 2010.


Many senior executives were fired[18] but Wall Street responded by dropping its stock
market value to $6 billion, down from $300 billion two years prior.[19] As a result, Citigroup
and Federal regulators negotiated a plan to stabilize the company and forestall a further
deterioration in the company's value.

On January 16, 2009, Citigroup announced its intention to reorganize itself into two
operating units: Citicorp for its retail and investment banking business, and Citi Holdings
for its brokerage and asset management.[22] Citigroup will continue to operate as a single
company for the time being, but Citi Holdings managers will be tasked to "tak[e] advantage
of value-enhancing disposition and combination opportunities as they emerge
CITI GROUP CENTER, CHICAGO
CITIGROUP'S WORLD HEADQUATERS
BUILDING,NEW YORK CITY

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FHA might be just what you need. Your
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---------------------------------------------------------------
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If one or more of the following situations
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You're a first-time home-buyer.
You don't have a lot of money to put
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You want to keep your monthly
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You're worried about your monthly
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You're worried about qualifying for a loan.
You don't have perfect credit.
------------------------------------------------------------------
REVERSE MORTGAGE

A Reverse Mortgage is a home loan
available to individuals aged 62 or older
as a payout of home equity to the
borrower. Reverse mortgage borrowers
can receive a lump sum, monthly
payments or hold the money in a savings
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Commercial Mortgage for Commercial
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Discover How Fast, Easy And Flexible
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WE'RE LICENSED MORTGAGE
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MORTGAGE LOAN REFINANCING
INTEREST RATES HAVE DRASTICALLY
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HOME MORTGAGE REFINANCING / HOME
EQUITYCASH-OUT
Making the Most of Home Equity

The equity you have in your home can be a
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Home equity loans usually offer lower interest
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GENERAL  INVESTMENT STRATEGIES,
METHODS, AND TECHNIQUES.  A BETTER WAY
TO BUILD WEALTH! When it comes to reliable
investments, real estate investing is the best wealth-
builder in the world.

INVESTING /   METHOD AND TECHNIQUES TO
INVEST IN TODAY'S MARKET FOR A BETTER
TOMORROW

STOCK MARKET:  A WAY TO INVEST AND
MULTIPLY YOUR MONEY.  THE MARKET HAS
THOUSANDS OF COMPANIES TO BUY STOCKS,
Mutual Funds, Bond Funds, Annuity. The market in
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REITs= REAL ESTATE INVESTMENT TRUST: A
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FOREX MARKET: THE LARGEST MARKET IN
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INSURANCE 101: THE IMPORTANCE OF
INSURANCE IN SOMEONE'S LIFE. HOW TO  
SAVE MONEY ON YOUR INSURANCE
PREMIUM?  LEARN ABOUT THE 5 INSURANCE
POLICIES EVERYBODY NEEDS AND THE 15
INSURANCE POLICIES YOU DON'T NEED.

REAL ESTATE INVESTMENT SECRETS
REVEALED, REAL ESTATE CAN HELP YOU GET
RICHER THE QUICKEST, EASIEST
WAY POSSIBLE. HOW TO GET PRE-QUALIFY
FOR A HOME LOAN? HOW DOES OWNER
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SMALL BUSINESS, METHODS, TECHNIQUES,
AND STRATEGIES. Business structures 101.  LLP,
LLC, S-corp and C-corp: It's not just alphabet soup!
A breakdown of what you need to know, in
layman's terms.


Mortgage Loans Modification: SAVE YOUR
HOME, SAVE YOUR CREDIT, REDUCE YOUR
MONTHLY PAYMENT, AVOID FORECLOSURE

HOME REFINANCE: 10 GREAT REASONS TO
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CALL: 786-709-6577 -- WE'RE LICENSED
MORTGAGE BROKER

AMERICAN BANKING SYSTEM:  BANKING
HISTORY;  GREAT THINGS TO KNOW ABOUT
THE AMERICAN BANKING HISTORY

BANKING AND FINANCE, COMMERCIAL
BANKING: The fundamental functions of a
commercial bank during the past two centuries

SAVING: THE SECRETS OF SAVING; WAYS TO
SAVE A LOT OF MONEY AND GETTING RICHER.
66 WAYS TO SAVE MONEY

MONEY  MANAGEMENT: Ten Resolutions to
Make Your Financial Life Easier. 10 Ways to Avoid
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THE 16 DAYS THAT SHOOCK THE US
ECONOMY IN SEPTEMBER, 2008. A shocking
series of events that forever changed the financial
markets.

AMERICA’S MONEY CRISIS / Bailout 101: What
new law says. Here's a rundown of key provisions of
the financial rescue plan that United State Senate
voted, Wednesday October 1; and the house voted
Friday October 3, 2008.

FORTUNE, CREATION AND INTRODUCTION:
When you invest in stock, you buy ownership
shares in a company.  Before You Invest; Before
undertaking any investment program, it is critical
that you assess your current situation and form
goals. Evaluating a Stock, Creating an Emergency
Fund

Trust Account: Definition of a Trust; Land Trust,
Living Trust, Revocable Trust. In general, a
"trust" is a legal entity that is able to own
property and other assets.
GOVERNMENTS GENERAL INFORMATION
CENTER: MIAMI DADE COUNTY, BROWARD
COUNTY, MONROE COUNTY, PALM BEACH
COUNTY, STATE OF FLORIDA AND THE U.S.
FEDERAL GOVERNMENT.
You name it, You get it
You need it, You find
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FREE CREDIT REPORT
Did you know that you have three credit
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CREDIT INFO: SAVE YOUR CREDIT, RESCUE
IT, PROTECT IT, INCREASE YOUR SCORE.
LEARN HOW TO FIX CREDIT RIGHT HERE,
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FINANCIAL REPORT: REAL ESTATE
INVESTMENT SECRETS REVEALED. HOW
DOES OWNER FINANCING REALLY WORK?

CREDIT HELP: Do-it-Yourself Debt Reduction.
Six Smart Credit Card Strategies.
Understanding Your Debt Collection Rights

BUILDING FINANCIAL FREEDOM
Ten Resolutions to Make Your Financial Life
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TECHNIQUES TO HELP YOU REALLY OBTAIN
THE ULTIMATE FINANCIAL FREEDOM!

ID- THEFT: How to Protect Yourself AGAINST
IDENTITY THEFT:
You can take action to protect your identity
and your personal information.

Federal Housing Administration {FHA}
Mortgage Loan Programs Information Center.
--- Government's general information; Local,
State, and Federal.
Housing Finance Authority of Miami dade,
Monroe, Broward, and Palm Beach County

Money Management: Ten Resolutions to
Make Your Financial Life Easier. 10 Ways to
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Credit cards: Have a questions about credit
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FREE FINANCIAL ADVICE. WAYS TO SAVE
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How to take steps to respond to and recover
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How to understand a mortgage statement?

GOVERNMENT HOMES AND FORECLOSURE
PROPERTIES ARE AVAILABLE BELOW
MARKET VALUE!
SAVING: THE SECRETS OF SAVING; WAYS
TO SAVE A LOT OF MONEY AND GETTING
RICHER. 66 WAYS TO SAVE MONEY

HOW NOT TO PAY ANY FEES AND INTERESTS
ON YOUR CREDIT CARDS? FREE RIDE. Credit
Card Fraud: 21 Tips to Protect Yourself!
Although credit card fraud is certainly on the
rise -- and credit card fraud on the Internet is
rising even more dramatically.
Although credit card fraud is certainly on the
rise -- and credit card fraud on the Internet is
rising even more dramatically

Protection: How to protect yourself against
identity theft?

Billions of dollars have been lost. Could
some of it be yours?  UNCLAIMED MONEY,
UNCLAIMED PROPERTY, THE FORGOTTEN
TREASURE SEATING IN THE HANDS OF THE
STATES GOVERNMENT COULD BE YOURS
OR TO SOMEONE YOU MAY KNOW!

Basic Finance: Learn the basics of personal
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My Money

Study basic finance at your own pace with
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Build better credit with guidance
REAL ESTATE FINANCING: WHERE AND HOW TO
FIND MONEY TO INVEST IN REAL ESTATE?

Combating Identity Theft: A Strategic Plan
---Resources from the government

Consumer information,  resources and important
tools about credit, banking, finance, economy,
ID-THEFT

FREE INFO: Contact List for Property Appraisers
in every county in the state of Florida

Mortgage Foreclosure Resources For
Consumers From the Federal Reserve System.

Federal Housing Administration {FHA} Mortgage
Loan Programs Information Center. Help for
America's Homeowners! How to make your home
affordable?

National Foreclosure Mitigation Counseling
Program Service Providers.
As home foreclosures continue to rise across
the state, Florida Housing will provide the
following foreclosure prevention resources

FREE: Find Florida governments  public records.
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AND FIND WHATEVER YOU WANT!

INVESTMENT: GENERAL KNOWLEDGE AND
FINANCING STRATEGY . HOW TO INVEST  NOW
AND GET RICHER LATER.

Home-buyers, homeowners Information:
HUD Approved Housing Counseling Agencies


Tips on Avoiding Foreclosures, Delinquencies
and "Foreclosure Rescue" Scams

REAL ESTATE INVESTMENTS: WHY INVESTING IN
THE REAL ESTATE MARKET TODAY IS A GOOD
IDEA FOR FIRST TIME HOME-BUYERS & FOR
EVERYBODY?

Federal Housing Administration, Department of
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foreclosure and with home purchasing.

FREE SEARCH: Government may owed you
money. Start your free search for money that
might be due to you! --- FREE: Go directly to a
government unclaimed property program by
clicking on a state, territory, or province.

FREE: Government Benefits, Grants, and
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Need government help?
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aid, and other benefits from the U.S. Government.

Basic Finance: Learn the basics of personal
finance at the U.S. Government's
My Money

Study basic finance at your own pace with free,
Web-based lessons from the  Fed Money Smart
program.

Build better credit with guidance
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FIRST TIME HOME- BUYERS; OPPORTUNITY
EXIST .
FIRST TIME HOME-BUYERS:  METHODS,
TECHNIQUES, AND STRATEGIES TO SUCCEED --
THE MOST IMPORTANT INFORMATION FOR FIRST
TIME BUYERS

FREE:
CREDIT REPORT. Get absolutely,
completely a free credit report from all 3 credit
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Your Access to Free Credit Reports

FREE: Find Florida governments  public records.
State, County, and Local goverment. SEARCH
AND FIND WHATEVER YOU WANT!

REAL ESTATE INVESTMENTS:
WHY INVESTING IN THE REAL ESTATE MARKET
TODAY IS A GOOD IDEA FOR FIRST TIME
HOME-BUYERS & FOR EVERYBODY? ---

INSURANCE 101: THE IMPORTANCE OF
INSURANCE IN SOMEONE'S LIFE.
EVERYTHING YOU NEED TO KNOW ABOUT
INSURANCE NOW IS YOUR CHANCE TO KNOW
HOW TO SAVE MONEY ON YOUR INSURANCE!
LEARN ABOUT THE 15 INSURANCE POLICIES
YOU DON'T NEED
LISTING YOUR PROPERTY FOR SALE FAST &
FOR THE TOP PRICE!

ATTENTION SELLERS:

LET US HELP YOU SELLING YOUR
PROPERTY.

WITH US: IS MORE ADVERTISEMENT,

MORE  EXPOSURE,

MORE SHOWINGS,

MORE OFFERS, AND MORE MONEY FOR
YOUR PROPERTY!

--- SOUTH FLORIDA
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Broward County Florida Real Estate Listing &
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WHAT IS THE ADVANTAGE OF COMMERCIAL
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COMMERCIAL REAL ESTATE; A BETTER WAY TO
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..TERM INSURANCE ADVANTAGES,
TERM INSURANCE GENERAL
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.. INVESTMENT PRODUCTS:  Investing &
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LEARN MORE...

INSURANCE PRODUCTS: How to make
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.
.RICH GUIDE, WHY AREN'T RICH?
BUILDING FINANCIAL WEALTH, OBTAIN
FINANCIAL FREEDOM, BECOME A RICH
PERSON; YES YOU CAN...

..
RULE OF 72: The compound interest
and financial success.  Rule Of 72 is the
most important and simple rule of
financial success.

..
MILLIONAIRE: How To Make Your First
$1 Million?
The Millionaire's Mindset

..FORTUNE: BEFORE INVESTING IN THE
STOCK MARKET LEARN THIS FIRST!...

..
GOVERNMENT: Government's general
information; Local, State, and Federal.
Housing Finance Authority of Miami
dade, Monroe, Broward, and Palm
Beach County

..
EMPIRE: THE ABC's OF INVESTMENTS,
Ways to Save. THE TRIANGLE OF
SUCCESS...

..
INVESTORS: CREATIVE FINANCING:
TOP 10 CREATIVE FINANCING
TECHNIQUES AND STRATEGIES TO FIND
MONEY TO INVEST!
The Five C’s of Credit: LEARN MORE..

CREATIVE FINANCE CAN AND WILL
MAKE ALL THE DIFFERENCE WHEN AN
INVESTOR DECIDES TO INVEST IN REAL
ESTATE...

..
HOME INSPECTION: HOW TO GET THE
BEST OUT OF IT..
Top 10 home-buying mistakes to avoid!

HOW TO USE HOME INSPECTION
REPORTS TO NEGOTIATE SALE PRICE?...

...
ACCOUNTING: The Basics of
Accounting...

...
TAXES: THE FUNDAMENTAL OF TAXES.
THE MORE YOU KNOW, THE LESS YOU
PAY...

...
ANALYTICS: Top 9  Real Estate
Financial Calculator Problems every
investors should know about...--

--
BUILDING WEALTH
RICH GUIDE: WHY AREN'T YOU
RICH? BUILDING FINANCIAL
WEALTH, OBTAIN  FINANCIAL
FREEDOM, BECOME A RICH
PERSON; YES YOU CAN...
Learn
More!

Financial Education - Financial
Knowledge  Everything You
Need To Know About Finance.

Dubai- The World Largest,
Biggest, Tallest, Greatest of
Almost Everything.
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about this magnificent place
and as well as other countries.

COPYRIGHT-- What is
Copyright?   The Basics About
Copyright Registration. The
procedure for copyright
registration.
Do I need copyright protection?
How do I register?
Learn More!

..Dealership secrets revealed. Before
you buy a car;
read this first... CAR
BUYER'S WINNING PLAN!

..
AUTO LOANS: Read this first before
taking a
car loan. What to avoid when
financing a car..
IF YOU NEED HELP TO SELL YOUR PROPERTY IN SOUTH FLORIDA; PLEASE CALL Mr. ANTONY A PROFESSIONAL REALTOR.  ---
F. Int. Realty. ---
-REAL ESTATE SERVICES-- HOME-BUYING -- REAL ESTATE INFO.---- MORTGAGE LOANS-
..Life Insurance Advantages, Benefits, & Features While Alive and After Death... Learn More Here!

..
Insurance General Information: Ways to Make Money & Save Money on Your Insurance. Learn More...

..
Term Insurance Advantages, Term Insurance General Knowledge. Buy the Term, and invest the
difference.
Learn More...

.
.Life Insurance Quote. Find out if You Pay too much for Your Insurance, Or Check How Much You Can
Pay For a Life Insurance...

..
Investment Products: Investing & Money Management Basics.  FINANCIAL  SOLUTIONS, TOOLS &
RESOURCES.  
LEARN MORE...

Insurance Products:  How to make profits with the insurance companies? Learn More...
INSURANCE 101: THE IMPORTANCE OF INSURANCE IN SOMEONE'S LIFE. EVERYTHING YOU NEED TO
KNOW ABOUT INSURANCE; LEARN HOW TO SAVE MONEY ON YOUR INSURANCE!  LEARN ABOUT THE  [5]
fIVE  MOST IMPORTANT  INSURANCE
LISTING YOUR PROPERTY FOR SALE
FAST & FOR THE TOP PRICE!

ATTENTION SELLERS:

LET US HELP YOU SELLING YOUR
PROPERTY.

WITH US: IS MORE ADVERTISEMENT,

MORE  EXPOSURE,

MORE SHOWINGS,

MORE OFFERS, AND MORE MONEY
FOR YOUR PROPERTY!

CALL:   --- SOUTH FLORIDA
ATTENTION,  ATTENTION!

IMPORTANT INFORMATION ABOUT
THE UNITED STATES  FIVE [5]
BIGGEST FINANCIAL INSTITUTIONS
...   
,,Federal Housing Administration
{FHA} Mortgage Loan Programs
Information Center. ---
Government's
general Information;  Local, State,
and Federal.--

Bank of America Financial Services

Wells Fargo Financial Services

PNC-National City Mortgage Financial
Services

Citibank,Citifinancial, Citimortgage,
Citigroup

JPMorgan-Chase Financial Services

How & where to find money to invest in
real estate? & How to make the Bank
say, "Yes You're Approved"

TYPE OF MORTGAGES: --WHAT
GUIDELINES ARE REQUIRED FOR A
MORTGAGE LOAN?

Learn here the most effective ways to
get the best loan rates, and the best
terms

REAL ESTATE FINANCING:
HOW AND WHERE TO FIND MONEY TO
BUY A PROPERTY

PRE-QUALIFICATION
MORTGAGE LOAN PRE-QUALIFICATION,
LOW INTEREST RATES. CLICK HERE

HOME REFINANCING
RATES ARE STILL NEAR HISTORIC LOWS
IT MAY BE A GOOD TIME NOW TO
REFINANCE!
LEARN MORE...

COMMERCIAL MORTGAGE LOANS:
COMMERCIAL MORTGAGES,
COMMERCIAL REAL ESTATE FOR
INVESTORS
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THE NATION LARGEST SOURCES OF
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AMERICAN DOLLAR. What are the
letters, numers, and symbols, the latin
words, the glowing eyes mean?

BUILDING WEALTH
RICH GUIDE: WHY AREN'T YOU RICH?
BUILDING FINANCIAL WEALTH, OBTAIN  
FINANCIAL FREEDOM, BECOME A RICH
PERSON; YES YOU CAN...
Learn More!

Financial Education - Financial
Knowledge  Everything You Need To
Know About Finance.

Dubai- The World Largest, Biggest,
Tallest, Greatest of Almost Everything.
Learn more about this magnificent
place and as well as other countries.

COPYRIGHT-- What is Copyright?   The
Basics About Copyright Registration.
The procedure for copyright registration.
Do I need copyright protection? How do I
register?
Learn More!

''
AUTO LOANS: Great Car, Great Price….
but what about the Financing?
Explore your financing options!
Five Tips for Getting the Best Deal On a
Car...

AUTO DEALERSHIP: 5 Car Dealer Extras
You May Not Need, Or You Don't Need...
Before buying a car; learn this first...

..
News Letter: Tax Saving Business
News, f
inancial news, the world  market.
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