Citi Settles Case of Ineligible Loans - Wall Street Journal

CNBC.comCiti Settles Case of Ineligible LoansWall Street JournalBy SUZANNE KAPNER A Citigroup Inc. unit on Wednesday agreed to pay $158.3 million to settle US claims that it cost the government tens of millions of dollars by submitting faulty loans to a federal mortgage-insurance program.Citigroup to Pay $158 Million In Mortgage Fraud SettlementNew York TimesCitigroup pays $158 mln in US mortgage fraud pactReutersCitigroup Will Pay $158 Million to Settle US Lending CaseBusinessWeekCNN -The

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