Citigroup To Pay Fannie Mae $968 MillionMani
Citigroup Inc. (NYSE:C) has reached an agreement to pay $968 million to Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) to resolve potential claims over residential first-mortgage claims.
The End For Hangovers From Financial Crisis
The deal marks the end of one of the hangovers from the financial crisis for Citigroup Inc. (NYSE:C). The banking group agreed to pay $968 million to settle potential claims that it exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible