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Loan Modification

: Mortgage Lender Implode-o-Meter

Citi to Pay $1.25m Fine for HMDA Report Oversight

By Implode-Explode Heavy Industries

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"CitiFinancial, the personal loan subsidiary of Citigroup will pay a $1.25m penalty for allegedly failing to report 91,127 residential mortgage loans to the federal government as required by the Home Mortgage Disclosure Act (HMDA)."

Full post as published by Mortgage Lender Implode-o-Meter on March 29, 2010 (boomark / email).

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