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View Full Version : Citigroup pays $158 million in mortgage fraud pact - Reuters



FraudNews
02-15-2012, 08:21 PM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEBvuaZuUbf0yLxvx6kO0 Me0T5dBAamp;url=http://www.cnbc.com/id/46400676img src=//nt3.ggpht.com/news/tbn/AzcL1AY5ID0uZM/0.jpg alt= border=1 width=80 height=60 /br /font size=-2CNBC.com/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGoU3BuTOuD9yPSCfJ7fi 5-BWIyQgamp;url=http://www.reuters.com/article/2012/02/15/us-citigroup-settlement-idUSTRE81E1UW20120215bCitigroup pays $158 million in mortgage bfraud/b pact/b/abr /font size=-1bfont color=#6f6f6fReuters/font/b/fontbr /font size=-1The civil bfraud/b case is the third by the US Attorney#39;s office in Manhattan since May 2011. It is part of a crackdown against lenders that investigators believe contributed to the housing crisis by originating risky home loans that should not have been b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF53888gS2_oj2fsqwhOL t-aro39wamp;url=http://www.google.com/hostednews/ap/article/ALeqM5jrX675lFpvtYRO-SN-t9MFvLhxKg?docId%3D7009cc1bbfd545e7bcd36c17c1e9214 8Citigroup pays $158M to settle mortgage bfraud/b/alink rel=syndication-source href=www.ap.org/7009cc1bbfd545e7bcd36c17c1e92148 /font size=-1 color=#6f6f6fnobrThe Associated Press/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGpiZ8QG5jV6GmP35L4GI 71hYiEvQamp;url=http://in.reuters.com/article/2012/02/15/citigroup-settlement-idINDEE81E0HG20120215Citigroup pays $158 mln in US mortgage bfraud/b pact/afont size=-1 color=#6f6f6fnobrReuters India/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=d16SxIwKUatgOSM46rnM GD8fKYYQMnobrball 105 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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