Citigroup has announced an award of $2 million in grants to Habitat for Humanity International to help build homes in London and 42 U.S. cities.The grants are part of the Citigroup Builds Communities program, which brings together employees from the company's various business units -- including Citibank, CitiFinancial, and Citimortgage -- to build homes for families who could not otherwise afford it. Citigroup said it will place special emphasis on building Habitat homes in 10 leading Hispanic markets, including New York, Los Angeles, and Houston, and will offer a new financial education curriculum in those cities in English and Spanish. Citigroup said it will also participate in the Financial Services Roundtable Community Build with Habitat for Humanity on Aug. 2 in 13 U.S. cities and London. The company can be found online at http://www.citigroup.com.
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Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators have steadily declined over the past decade — under both Democratic and Republican administrations.
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Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
July 7 -
The HomeSafe Second product is now available in more than one third of all states, according to the reverse mortgage specialist.
July 7 -
The Department of Housing and Urban Development agreed to do more to manage due-and-payable obligations contingent on the availability of certain resources.
July 7 -
The ex-housing official is returning to a previous employer with the aim of helping guide the firm through an evolving landscape in federal policy.
July 7 -
A $160 million deal to merge Hometown Financial Group subsidiaries and Primary Bank will lead to consolidation under a single brand name of TruNorth.
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