{"id":332119,"date":"2010-02-17T16:45:03","date_gmt":"2010-02-17T21:45:03","guid":{"rendered":"http:\/\/www.businessinsider.com\/citigroup-working-on-500-million-korean-mbs-offering-2010-2"},"modified":"2010-02-17T16:45:03","modified_gmt":"2010-02-17T21:45:03","slug":"after-us-runs-dry-citigroup-plans-500-million-korean-mbs-package","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/332119","title":{"rendered":"After US Runs Dry, Citigroup Plans $500 Million Korean MBS Package"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/3d7a6c791f97b649e6aaee00-322-241\/citigroup-building-tbi.jpg\" border=\"0\" alt=\"citigroup building tbi\" width=\"322\" height=\"241\" \/><\/p>\n<p>When America&#8217;s proverbial nipple is dried up from too much milking, what do you do? If you&#8217;re <a href=\"http:\/\/www.businessinsider.com\/citi\">Citigroup<\/a>, you head to Korea.<\/p>\n<p><a href=\"http:\/\/www.abalert.com\/index.php\">Asset Backed Alert<\/a> is reporting that Citigroup is currently assembling a $500 million mortgage securitization with the underlier being Korean mortgages. Mortgage activity in Korea is apparently on the rise, making the deal lucrative to investors. <\/p>\n<p>Asset Backed Alert claims the pools of mortgages will be provided by the state run Korean Housing Finance Corp., Kookmin Bank and Shinhan Bank.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/citigroup-working-on-500-million-korean-mbs-offering-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/citigroups-mortgage-department-will-let-foreclosed-home-owners-hang-out-for-six-months-after-defaulting-2010-2\">Citi: If You Agree Not To Trash Your Home After A Foreclosure, We&#8217;ll Let You Hang Out There For Six Months<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/california-homeowners-pay-their-credit-cards-and-ignore-their-mortgages-since-they-know-they-can-walk-away-2010-2\">California Deadbeats Ditch Their Mortgage, And Save Their Cash For Their Credit Card Bills<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/sorry-folks-the-fha-is-still-going-to-meltdow-2010-2\">Sorry Folks, The FHA Is Still Going To Melt Down<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/YufMeRNt6bw\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When America&#8217;s proverbial nipple is dried up from too much milking, what do you do? If you&#8217;re Citigroup, you head to Korea. Asset Backed Alert is reporting that Citigroup is currently assembling a $500 million mortgage securitization with the underlier being Korean mortgages. Mortgage activity in Korea is apparently on the rise, making the deal [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-332119","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/332119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=332119"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/332119\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=332119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=332119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=332119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}