Citi to pay Fannie $968 million in toxic mortgage deal

Please Share Share on FacebookTweet about this on TwitterShare on Google+Share on StumbleUponDigg thisEmail this to someonePrint this page

Citigroup yesterday climbed out from under toxic mortgage claims stretched out over 12 years by agreeing to pay Fannie Mae $968 million.
The deal covers 3.7 million home loans Citi originated from 2000 to 2012 and then sold to the government-sponsored entity.
Many of the loans were flawed and… …read more
Source: NY Post

Please Share Share on FacebookTweet about this on TwitterShare on Google+Share on StumbleUponDigg thisEmail this to someonePrint this page