Citigroup to sell mortgage bonds again

11/1/2013 | Bloomberg

Citigroup says it will sell non-government-backed mortgage bonds again. DBRS says the assets will be assigned a AAA rating because of the securities' "transactional strengths that include high quality underlying assets, well qualified borrowers and satisfactory third-party due diligence review." Investment banks including Nationstar Mortgage have backed the transaction.

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