Google+
  • Ocwen8.54+0.40 +4.91%
  • Zillow114.50-0.25 -0.22%
  • Trulia0.00N/A N/A
  • NationStar26.47-0.18 -0.68%
  • CoreLogic33.56+0.22 +0.66%
  • RE/MAX33.03+0.27 +0.82%
  • Fannie Mae2.95+0.12 +4.24%
  • Freddie Mac2.79+0.09 +3.33%
  • Wells Fargo55.55+0.76 +1.39%
  • CitiMortgage53.49+1.07 +2.04%
  • Bank of America16.01+0.20 +1.27%
  • Fidelity National Financial36.43-0.29 -0.79%
  • First American35.12+0.09 +0.26%
  • AUDUSD=X0.7819N/A N/A
  • USDJPY=X119.7855N/A N/A
  • WP Stock Ticker
Home | Tag Archives: Citigroup

Tag Archives: Citigroup

$4.5 Billion in Nonperforming Loans, Delinquent Debt to Hit the Market

money-steps

Three of the nation's largest mortgage lenders have put sizable packages of nonperforming and reperforming mortgage loans on the market for investors to buy, according to a release from New York-based loan broker Mission Capital Advisors. The loans being put on the market are worth a combined $4.5 billion, Mission Capital said. Bank of America has put up approximately $2.56 billion worth of delinquent debt for sale, including nonperforming loans, reperforming mortgages (those in which the borrower was 90 days or more behind but has resumed making payments), and home equity lines of credit (HELOCs), according to Mission Capital.

Read More »

House Oversight Committee Wants Securities Settlement Documents

CapitolHill

The ongoing tension between the Justice Department and the House Oversight Committee saw a new development this week as Rep. Darrell Issa (R-California), committee chair and vocal critic of Attorney General Eric Holder, requested the department turn over all of its documents related to its recent securities settlements with JPMorgan Chase and Citigroup.

Read More »

Citigroup Announces Effect of Settlement on Q2 Earnings

Citi

Citigroup's second-quarter profits took a major hit as the bank announced a settlement with the government to resolve securities claims. Citi released its quarterly earnings report Monday morning, posting net profit of $181 million—a decline of 96 percent compared to earnings of $4.2 billion a year ago.

Read More »
Scroll To Top