Citibank recently paid $17,998,510.00 pursuant to a
consent order for failing to place floord "insurance in a timely manner on residential Designated Loans and engaged in a pattern or practice of violations of the Flood Act and its implementing regulations, including 12 C.F.R. § 22.7(a)".
That's almost eighteen million reasons to care.
No comments:
Post a Comment
Share your thoughts and ask your questions here.
Only restrictions are no spam, discrimination, and/or harassing others.
By commenting here you assign us a irrevocable, worldwide, perpetual and royalty free license on your copyright to reproduce your comment, in whole or in part, as we unilaterally deem fit.