Citigroup sued over billions in #mortgage debt losses: Top banks are still dealing with the aftermath of the financial crisis. In the most recent court battle, Pacific Investment Management Co and other investors have sued Citigroup over the bank’s alleged failure to properly monitor toxic securities backed by more than $13.8 billion in #mortgage loans. http://www.housingwire.com/articles/35700-citigroup-sued-over-billions-in-mortgage-debt-losses
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