Tuesday, January 21, 2020

Citibank to Pay $18 Million Penalty for Failing to Insure Flood-Prone Properties


By Reuters
NYT Business Day
A U.S. banking regulator fined Citibank N.A. $18 million for delays in purchasing mandatory flood insurance for properties where borrowers were located in flood-prone areas.
Published date: January 21, 2020 at 05:42PM
Reuters
New York Times article

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