Citigroup Inc.

Consumer Mortgage FICO and LTVData appearing in the tables below have been sourced from Citigroup’srisk systems and, as such, may not reconcile with disclosures elsewheregenerally due to differences in methodology or variations in the manner inwhich information is captured. Citi has noted such variations in instanceswhere it believes they could be material to reconcile to the informationpresented elsewhere.Citi’s credit risk policy is not to offer option adjustable rate mortgages(ARMs)/negative amortizing mortgage products to its customers. As a result,option ARMs/negative amortizing mortgages represent an insignificantportion of total balances, since they were acquired only incidentally as part ofprior portfolio and business purchases.A portion of loans in the U.S. Consumer mortgage portfolio currentlyrequire a payment to satisfy only the current accrued interest for the paymentperiod, or an interest-only payment. Citi’s mortgage portfolio includesapproximately $27 billion of first- and second-mortgage home equity linesof credit (HELOCs) that are still within their revolving period and have notcommenced amortization. The interest-only payment feature during therevolving period is standard for the HELOC product across the industry. Thefirst mortgage portfolio contains approximately $18 billion of ARMs thatare currently required to make an interest-only payment. These loans willbe required to make a fully amortizing payment upon expiration of theirinterest-only payment period, and most will do so within a few years oforigination. Borrowers that are currently required to make an interest-onlypayment cannot select a lower payment that would negatively amortize theloan. First mortgage loans with this payment feature are primarily to highcredit-qualityborrowers that have on average significantly higher originationand refreshed FICO scores than other loans in the first mortgage portfolio.Loan BalancesFirst Mortgages—Loan Balances. As a consequence of the economicenvironment and the decrease in housing prices, LTV and FICO scores havegenerally deteriorated since origination, although they generally stabilizedduring the latter half of 2010. On a refreshed basis, approximately 30% offirst mortgages had a LTV ratio above 100%, compared to approximately 0%at origination. Approximately 28% of first mortgages had FICO scores lessthan 620 on a refreshed basis, compared to 15% at origination.Balances: December 31, 2010—First MortgagesAT FICO ≥ 660 620 ≤ FICO 100% NM NM NMREFRESHED FICO ≥ 660 620 ≤ FICO < 660 FICO < 620LTV < 80% 28% 4% 9%80% < LTV < 100% 18% 3% 8%LTV > 100% 16% 3% 11%Note: NM—Not meaningful. First mortgage table excludes loans in Canada and Puerto Rico. Table excludesloans guaranteed by U.S. government agencies, loans recorded at fair value and loans subject to LTSCs.Table also excludes $1.6 billion from At Origination balances and $0.4 billion from Refreshed balances forwhich FICO or LTV data was unavailable. Balances exclude deferred fees/costs. Refreshed FICO scoresbased on updated credit scores obtained from Fair Isaac Corporation. Refreshed LTV ratios are derivedfrom data at origination updated using mainly the Core Logic Housing Price Index (HPI) or the FederalHousing Finance Agency Price Index.Second Mortgages—Loan Balances. In the second mortgage portfolio, themajority of loans are in the higher FICO categories. Economic conditionsand the decrease in housing prices generally caused a migration towardslower FICO scores and higher LTV ratios, although the negative migrationslowed during the latter half of 2010. Approximately 48% of secondmortgages had refreshed LTVs above 100%, compared to approximately 0%at origination. Approximately 17% of second mortgages had FICO scores lessthan 620 on a refreshed basis, compared to 3% at origination.Balances: December 31, 2010—Second MortgagesAT FICO ≥ 660 620 ≤ FICO < 660 FICO < 620ORIGINATIONLTV < 80% 51% 2% 2%80% < LTV < 100% 41% 3% 1%LTV > 100% NM NM NMREFRESHED FICO ≥ 660 620 ≤ FICO < 660 FICO < 620LTV < 80% 22% 1% 3%80% < LTV < 100% 20% 2% 4%LTV > 100% 33% 5% 10%Note: NM—Not meaningful. Second mortgage table excludes loans in Canada and Puerto Rico. Tableexcludes loans subject to LTSCs. Table also excludes $1.5 billion from At Origination balances and$0.3 billion from Refreshed balances for which FICO or LTV data was unavailable. Balances excludedeferred fees/costs. Refreshed FICO scores are based on updated credit scores obtained from Fair IsaacCorporation. Refreshed LTV ratios are derived from data at origination updated using mainly the Core LogicHousing Price Index (HPI) or the Federal Housing Finance Agency Price Index.95