Citigroup Inc., which disclosed plans to stop taking business from mortgage brokers, saw quarterly loan fundings tumble by nearly a third. But delinquency improved from the final quarter of last year. North American mortgage originations decreased 32 percent between the fourth-quarter 2011 and the first-quarter 2012, the New York-based financial services provider reported in its [...]
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Citi Originations Sink
April 16th, 2012 
davidguide 
Posted in Business Loans 
Tags: citigroup inc, earnings data, financial services provider, Mortgage, mortgage originations, north american mortgage, Originations, percent, post, Sink, tumble 
Comments OffCiti Settles With Wells for Far Less than $60 Billion Sought
November 21st, 2010 davidguide Wells Fargo & Co. will pay $100 million to Citigroup Inc. to resolve all claims in a dispute over Wells Fargo’s acquisition of Wachovia Corp., the banks said in a joint statement. The settlement is far less than the more than $60 billion in damages Citi initially sought when it accused Wells Fargo of interfering [...]
Posted in Business Loans Tags: amp, Billion, Citi, Citigroup, citigroup inc, Fargo, government view, Less, Settles, share, Sought, than, Wachovia, wachovia corp, Wells, wells fargo Comments Off
