Citigroup and U.S. Reach $7 Billion Mortgage Settlement

Citigroup and the Justice Department have agreed to a $7 billion deal that will settle a federal investigation into the mortgage securities the bank sold in the run-up to the financial crisis. The settlement, announced on Monday morning, includes a $4 billion cash penalty to the Justice Departmen…

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Citigroup and U.S. Reach $7 Billion Mortgage Settlement

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