Citibank Slapped With $30 Million Fine For Leaving Hundreds Of REO Properties Vacant Past The 5-Year Limit Federal banking regulators have slapped Citibank with a $30 million fine. An investigation found that the bank was not selling foreclosed homes back into the market fast enough. The Office of the Comptroller of the Currency announced it
Citibank Slapped With $30 Million Fine For Neglecting Foreclosed Homes Read Post »
Citigroup Fined $8.6 Million By Federal Reserve For Robo-Signing Related Issues The Federal Reserve leveled an $8.6 million fine against CitiGroup on Friday. The Federal Reserve stated the fine was due to the “deficient execution and notarization of certain mortgage affidavits. The issue stems from Citigroup’s exit from the mortgage servicing business back in 2017. The
Citigroup Slapped with $8.6 Million Fine From The Feds Read Post »
The CFPB Lists The Most Complained About Banks For 2017 The CFPB may be going through changes with the GOP Congress and the Trump Administration trying to dismantle it from within. However, consumers love the agency and have no problem filing complaints about their banks and lenders. LendEDU put together a list of banks that received the most consumer
Government Audit Shows Citigroup Neglected To Pay Nearly $20 Million Two years after Citigroup Inc. was punished for widespread foreclosure abuses and still owes TARP bailout money to taxpayers, is finally getting around mailing settlement checks to 23,000 of its customers for foreclosure abuses. The bank neglected to pay about 23,000 borrowers who were owed
