. citigroup mortgage foreclosure moratoriums on february 13 , 2009 , citigroup announced the initiation of a foreclosure moratorium on all citigroup-owned first mortgage loans that are the principal residence of the owner as well as all loans serviced by the company where the company has reached an understanding with the owner . the moratorium was effective february 12 , 2009 , and will extend until the earlier of the u.s . government 2019s loan modification program ( described below ) or march 12 , 2009