15 February 2012

Citi fined $158 million for gaming federal housing program

Posted by John under: News .

Citigroup will pay $158 million to settle charges that its mortgage unit defrauded the Federal Housing Administration by inaccurately claiming that certain mortgages were eligible for government insurance, government officials announced Wednesday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/xKlGPf0Js2w" height="1" width="1"/

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