Citigroup Sells Mortgage Rights to Wilbur Ross Unit (Update2) (Bloomberg)
February 5th, 2009
Powered by Max Banner Ads
Feb. 5 (Bloomberg) — Citigroup Inc., paring assets after accepting a $346 billion U.S. government bailout package, agreed to sell servicing rights on 185,000 loans to Wilbur Ross ’s American Home Mortgage Servicing Inc. for $1.5 billion.
