Citigroup Admits to Defrauding Mortgage Programs 772

Premises liability is another area of San-Diego-Personal-Injury-attorney.com

Citigroup Inc. has agreed to pay $158 million to settle a lawsuit accusing the company of defrauding the federal mortgage insurance program. San-Diego-Auto-Accident-lawyer As part of the settlement, the company admitted to providing “misleading information about the quality of its mortgages to a federal insurance program.” Citigroup announced that it would continue making FHA-insured loans with government support.  Nathaniel Popper and Scott Reckard, LA Times  02/15/2012  San Diego personal injury attorney

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