Citigroup is preparing to securitize of a portfolio of seasoned performing residential mortgages that it acquired from terminated Citigroup Mortgage Securities transactions.

The loans in the pool backing Citigroup Mortgage Loan Trust 2014-A (CMLTI 2014-A), were  acquired from transactions that were issued in by Citigroup Mortgage Securities in 2003 and 2004 and have since been terminatd. Are of the loans are  performing, according to a presale report published by DBRS. There were approximately 1,164 loans with a total principal balance of $378,846,222 as of the cut-off date.

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