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Loan Modification

: Mortgage Lender Implode-o-Meter

SEC Investigating Citigroup Mortgage Deal

By Implode-Explode Heavy Industries

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"The Securities and Exchange Commission is investigating Citigroup's role in a $1 billion deal that the bank created in the run-up to the financial crisis. The agency is looking at whether Citi improperly pushed an independent manager to put specific assets into the deal, according to people familiar with the probe."

Full post as published by Mortgage Lender Implode-o-Meter on November 19, 2010 (boomark / email).

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