Feb
22
Citigroup 'Defrauded' Fannie, Freddie With Bad Loans, Whistle-Blower Says
'Quality Assurance Processes' Last year, Citigroup repurchased 6600 loans from government buyers, an 89 percent increase from 2010, according to a presentation on its website. The bank set aside $ 1.2 billion to buy back defective mortgages as of the …
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The mortgage settlement: A borrower's guide
A. Borrowers who are delinquent or on the verge of delinquency and have loans that are on the books of one of the five participating banks are the likeliest to be eligible for help cutting the size of their mortgage, known as principal reduction.
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Wall Street Crowds Into Trader Joe's as Trophies Prove Elusive: Mortgages
'Need More Diversification' More than 20 percent of investors in a JPMorgan survey cited heavy retail concentration as their primary concern with new CMBS deals, the bank said in a report this month. The proportion of loans linked to retail buildings …
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