You are here

Citigroup to pay US$28.8m for misleading borrowers

Washington

CITIGROUP Inc agreed to pay US$28.8 million to settle allegations by US regulators that two of the bank's mortgage-servicing units misled borrowers, the Consumer Financial Protection Bureau said.

The company agreed to resolve accusations it failed to inform consumers of...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes