OCC Assesses $30 Million Civil Money Penalty Against Citibank

The Office of the Comptroller of the Currency (OCC) today announced a $30 million civil money penalty against Citibank, N.A, for violations related to the holding period of other real estate owned (OREO).

The Office of the Comptroller of the Currency (OCC) today announced a $30 million civil money penalty against Citibank, N.A, for violations related to the holding period of other real estate owned (OREO).

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-118.html

OCC Assesses $30 Million Civil Money Penalty Against Citibank

The Office of the Comptroller of the Currency (OCC) today announced a $30 million civil money penalty against Citibank, N.A, for violations related to the holding period of other real estate owned (OREO).

The Office of the Comptroller of the Currency (OCC) today announced a $30 million civil money penalty against Citibank, N.A, for violations related to the holding period of other real estate owned (OREO).

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-118.html?utm_source=RSS_feed&utm_medium=RSS