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Citigroup Slapped with $8.6 Million Fine From The Feds

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

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Abandoned Properties

Citigroup Neglected To Pay 23,000 Consumers

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

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