Citibank acknowledged agreements that allow Exeter trusts to receive limited reserve contributions and change how those funds are handled. The filing reports no clear change to Citi's pay or wider business, so it does not change the bank's outlook.
The filing describes Citi as trustee and backup servicer, but does not say how much money may be added or report a change to Citi's pay. The agreements change how reserve funds may be added and used. They do not show a clear change to Citi's business outlook.
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