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Bloomberg: Citigroup Curtails Warehouse Credit Activity 

Sep 07, 2007By

A Bloomberg report cites sources as saying Citigroup Inc. unit First Collateral Services is actively curtailing warehouse credit funding, including a decision not to take on any new warehouse credit agreements: … [the] First Collateral Services unit won’t accept new clients for “warehouse” credit lines … First Collateral, based in Concord, California, still lends to existing customers, the people said.

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