UPDATE 2-Citi subsidiaries to pay $28.8 mln over giving U.S. homeowners 'runaround' -watchdog

WASHINGTON, Jan 23 (Reuters) - The U.S. consumer financial

watchdog said on Monday it had fined subsidiaries of Citigroup

Inc $28.8 million for giving "the runaround to borrowers"

on mortgage servicing by keeping them in the dark about options

to avoid foreclosure or making it difficult for them to apply

for relief.

Read more