Judge approves Citigroup’s $730M settlement with bondholders

Last year, in a separate development, a federal judge approved a settlement whereby Citigroup would pay bondholders $730m. It was to resolve claims Citigroup concealed its exposure to billions of.

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A federal judge approved a settlement that requires Citigroup (C) to pay bondholders $730 million to resolve claims that the bank concealed its exposures to billions of dollars of toxic mortgage.

Mortgage applications fall again, worrying housing economists judge approves citigroup’s $730M settlement with bondholders A federal judge has approved a settlement in which Citigroup Inc agreed to pay bondholders $730 million to resolve claims that the bank concealed its exposure to billions of dollars of toxic.New Kansas City land bank.

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Judge approves Citigroup’s $730M settlement with bondholders With all of the regulatory and legal complications now ironed out, the massive .65 billion settlement between Bank of America, the U.S. Department of Justice, certain federal agencies and six.2.5 million homes in foreclosure, shadow inventory rising: John Burns Using that definition.

A Manhattan federal judge on Monday signaled he will not rubber-stamp Citigroup Inc’s proposed $590 million settlement of a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets. U.S. District Judge Sidney Stein asked lawyers for the bank and its shareholders to address several issues at an April 8 fairness hearing, including requested legal fees and.

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