By Andrew Grossman and Daniel Fitzpatrick
The Justice Department and Citigroup Inc. are close to a deal for the bank to pay about $7 billion to settle allegations it sold shoddy mortgages in the run-up to the financial crisis, according to people familiar with the matter.
By Christina Rexrode and Andrew Grossman
Citigroup Inc. will pay $7 billion to settle the U.S. government's accusations that it misled investors about the quality of mortgage securities it sold in the run-up to the financial crisis.
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