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Citigroup

Fannie and Freddie Mortgage Write Downs - Another Bailout For Big Banks

Fannie and Freddie regulator Edward DeMarco, the acting Director of FHFA, is taking a lot of heat for his reluctance…

11 years ago

Citigroup Hit With $158 Million Mortgage Fraud Settlement

Citigroup has suffered its second setback in two weeks, with the news that the bank will have to pay out…

11 years ago

Foreclosure Settlement between Banks and Government “Very Close”

As many as one million underwater borrowers deemed to be “at risk” of losing their homes could be set for…

11 years ago

Banks Are Lending Money Again, But Not To Everyone Of Course...

What with the economy continuing to flounder, you might be surprised to learn that a rather unusual thing has happened.…

11 years ago

Cancelled and Delayed Projects Increase in UAE

The value of delayed or cancelled construction projects in the UAE grew to $170 billion in the month just gone,…

11 years ago

Bank of America Adopts Different Approach to Cut Foreclosures

The biggest US mortgage servicer, the Bank of America, is adopting a different approach towards foreclosures and abandoned properties, which…

11 years ago

US Banks Strive to Win Broad Liability Releases

Apparently efforts by US banks to win broad liability releases are proving to be a major obstacle in talks to…

11 years ago