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Real Estate & Property Law

: Housing Wire

Citi Reserves $25.7B for Residential Mortgage Lending

By DIANA GOLOBAY

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Citigroup Inc. (C: 3.60 -1.37%), the recipient of $45 billion through the Treasury Department’s Troubled Asset Relief Program, on Tuesday released a progress report detailing the usage of government bailout funds through the fourth quarter 2008. The distribution of some $36.5 billion so far has been made through various lending capacities, “to help expand available [...]

Full post as published by Housing Wire on February 03, 2009 (boomark / email).

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