Not exact matches
The company has struggled to pay down
nearly $ 8 billion in
debt - much of it dating back to a 2005 leveraged buyout - and has had trouble finding a
buyer.
In the first action, the CFPB ordered Citibank to provide
nearly $ 5 million in consumer relief and pay a $ 3 million penalty for selling credit card
debt with inflated interest rates and for failing to forward consumer payments promptly to
debt buyers.
The country's real estate market has been on a tear for
nearly two decades, enriching homeowners, burdening new home -
buyers with
debt and alarming policymakers.
Of
nearly 2,000
buyers surveyed, 33 percent said that student
debt had led them to put off a home purchase for one to two years, while 31 percent said four years or more.