New York will get $182 million out of a $7 billion settlement between Citigroup Inc. and the federal government over the bank's activity in the subprime mortgage market, which was announced Monday.
July 15, 2014 at 12:00 AM
1 minute read
New York will get $182 million out of a $7 billion settlement between Citigroup Inc. and the federal government over the bank’s activity in the subprime mortgage market, which was announced Monday.
The settlement came out of an investigation led by the U.S. Attorneys for the Eastern District of New York and the District of Colorado, as well as the Department of Justice’s Residential Mortgage-Backed Securities (RMBS) Working Group.
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