News

Read the latest press releases, speeches and videos below for information on the monitoring activities for the Citi RMBS Settlement Agreement.


 

CITIGROUP MONITOR RELEASES FIRST REPORT

Partner Thomas J. Perrelli has released the first report as independent monitor to determine Citigroup Inc.’s compliance with consumer relief obligations, valued at $2.5 billion, under its settlement with the U.S. Department of Justice and five states. As described in the report, the settlement resolved possible federal and state legal claims for violations of law regarding the packaging, marketing, sale, structuring, arrangement and issuance of residential mortgage-backed securities and collateralized debt obligations between 2006 and 2007.  Continue Reading >>

 

CITIGROUP MONITOR RELEASES SECOND REPORT

WASHINGTON, DC, May 15, 2015 – Jenner & Block Partner Thomas J. Perrelli has released the second report as independent monitor to determine Citigroup Inc.’s compliance with consumer relief obligations, valued at $2.5 billion, under its settlement with the U.S. Department of Justice and five states.  As described in the report, the settlement resolved possible federal and state legal claims for violations of law regarding the packaging, marketing, sale, structuring, arrangement and issuance of residential mortgage-backed securities and collateralized debt obligations between 2006 and 2007.  Continue Reading >>