Citigroup to pay Freddie Mac $395 million to resolve mortgage claims

September 2013 – Citigroup to Pay $395 Million to Settle Freddie Mac Claims By THE ASSOCIATED PRESS WASHINGTON – Citigroup has agreed to pay $395 million to the government-controlled mortgage finance company Freddie Mac to settle claims on home loans it had sold to it. The agreement, announced on Wednesday, involves 3.7 million mortgages that were sold from 2000 to 2012.

Citigroup Inc. has agreed to pay $395 million to Freddie Mac to resolve repurchase claims over some 3.7 million loans the bank had sold the mortgage giant from 2000 to 2012, Citigroup said Wednesday.

Sept 25 (Reuters) – Citigroup Inc on Wednesday said it agreed to pay $395 million to Freddie Mac to resolve claims on potential flaws in roughly 3.7 million mortgages it sold to the housing finance.

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By Jonathan Stempel (Reuters) – Citigroup Inc on Wednesday said it agreed to pay $395 million to Freddie Mac to resolve claims of potential flaws in roughly 3.7 million mortgages it sold to the housing finance company from 2000 to 2012. Citigroup, the third-largest U.S. bank, said the settlement also

(Reuters) – Citigroup Inc on Wednesday said it agreed to pay $395 million to Freddie Mac to resolve claims of potential flaws in roughly 3.7 million mortgages. san francisco (Reuters) – Entrepreneur.

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