Citigroup

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Wall Street heavyweights weigh bids for Anglo Irish U.S. portfolio

In a sign of Wall Street’s recovering interest in commercial property, banks such as Deutsche Bank AG, Goldman Sachs...

Wall Street heavyweights weigh bids for Anglo Irish U.S. portfolio
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U.S. regulators combat conflicts of interest in foreclosure reviews

U.S. regulators are barring certain law firms from assisting in eliminating foreclosure abuses, citing potential conflicts of interest, the...

U.S. regulators combat conflicts of interest in foreclosure reviews
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U.S. regulators postpone deadline for banks to fix home foreclosure malpractices

U.S. bank regulators have extended the deadline for 14 financial institutions to submit plans to rectify problems with home-foreclosure...

U.S. regulators postpone deadline for banks to fix home foreclosure malpractices
Allstate sues banks over fraudulent sales of mortgage-backed securities

Allstate sues banks over fraudulent sales of mortgage-backed securities

Home insurer Allstate has sued Bank of America’s Merrill Lynch unit over claims it fraudulently sold the insurer about...

Allstate sues banks over fraudulent sales of mortgage-backed securities
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Apollo to pick up Citigroup real estate arm

Apollo Management has struck a deal to buy Citigroup’s real estate investment arm, Citi Property Investors, effectively tripling the value of Apollo’s real estate assets, according to Bloomberg news. Its purchase of Citi Property...

Apollo to pick up Citigroup real estate arm
Tousa bankruptcy grinds on with broad implications

Tousa bankruptcy grinds on with broad implications

The legal tussles surrounding the lengthy, messy bankruptcy of builder Tousa got a bit of clarity last week, when...

Tousa bankruptcy grinds on with broad implications
Citi suspends foreclosures during holidays, raises funds to exit TARP

Citi suspends foreclosures during holidays, raises funds to exit TARP

Citigroup announced today that it will suspend foreclosure sales and distribution of foreclosure notices between Dec. 18 and Jan.17,...

Citi suspends foreclosures during holidays, raises funds to exit TARP
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For regional banks, commercial real estate will prevent timely TARP exit

Regional banks plagued by souring commercial property loans are unlikely to exit the federal government’s Troubled Asset Relief Program,...

For regional banks, commercial real estate will prevent timely TARP exit
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