Citi Provides Funding for CDFI Mortgage Bank’s Bid to Take Innovative Loan Origination Platform to 13 States
March 8, 2018
Citigroup is investing in a multi-state plan to expand a nonprofit community development financial institution’s ability to provide better access to mortgage credit to low- to moderate-income, minority, rural and other underserved first-time homebuyers.
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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