Citigroup To Pay $7 Billion To Settle Mortgage Claims

To settle charges related to the packaging, marketing, sale, and issuance of residential mortgage-backed securities (RMBS), Citigroup will pay a total of $7 billion, including a record $4 billion fine to the Department of Justice (DOJ)....
By: Manatt, Phelps & Phillips, LLP

Manatt, Phelps & Phillips, LLP