CitiFinancial, CitiMortgage To Pay $28.8M Over Mortgage Servicing Issues

Most homeowners could have kept their homes had Obamacare not needed to be funded by the GSEs. Sick, yeah? Sad.

Livinglies's Weblog

Millions of consumers lost their homes when the housing market bubble burst. But federal regulators say some of those people may have been able to stay in their homes had mortgage lenders fulfilled their requirements. To that end, the Consumer Financial Protection Bureau has ordered two Citigroup subsidiaries to pay $28.8 million to resolve allegations that some of its mortgage units harmed home borrowers. 

View original post 406 more words