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Richard Bove

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Citigroup prepares for refi burnout HW+

Oct 14, 2013By

“The bank has cut back the size of its mortgage originations, particularly since the mortgage business almost caused the elimination of Citigroup,” Rafferty Capital Markets equity research analyst Richard Bove said. With Citi earnings expected Tuesday, the markets are bracing for the possibility of more disappointment.

3d rendering of a row of luxury townhouses along a street

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