Citigroup has been fined $8.6 million by the Federal Reserve Board for improper execution of residential mortgage-related documents. The $8.6 million penalty addresses the deficient execution and ...
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WASHINGTON (Reuters) - The Federal Reserve said Friday it had fined Citigroup (C.N) $8.6 million over shoddy mortgage documentation practices at a subsidiary. The Fed said that in 2015, CitiFinancial, ...
WASHINGTON — The Federal Reserve Board announced an $8.6 million fine against Citigroup Friday, alleging deficiencies in how a subsidiary prepared certain mortgage-related documents in 2015. The Fed ...
Some Other Legal Involvements in 2018 In August 2018, Citigroup was fined $8.6 million by the Federal Reserve. The matter related to a review the regulator had conducted in 2010 of major residential ...
A major U.S. bank is being fined over sloppy mortgage documentation practices and no, it’s not Wells Fargo. In a release, the Fed alleges that January 2015 through August 2015, Citi mishandled ...
The Federal Reserve said Friday it had fined Citigroup $8.6 million over shoddy mortgage documentation practices at a subsidiary. The Fed said that in 2015, CitiFinancial, a bank subsidiary, ...
REUTERS/Chris Helgren Reuters WASHINGTON (Reuters) - The Federal Reserve said Friday it had fined Citigroup $8.6 million over shoddy mortgage documentation practices at a subsidiary. The Fed said that ...
The Fed also said it was terminating a separate 2011 enforcement action against Citigroup on a separate residential mortgage loan servicing matter, citing sustainable improvements by the bank.