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Justice Department official: More mortgage-related cases coming in 'very near future'

U.S. Department of Justice, Washington, D.C.
Source: Wikipedia
U.S. Department of Justice, Washington, D.C.

U.S. Associate Attorney General Tony West said on Monday that the American public can expect to hear more from the Justice Department's residential mortgage-backed securities working group in the "very near future."

Read MoreDone deal: Citi in US mortgage settlement for $7B

West made the comment during a news conference in which authorities announced a $7 billion settlement against Citigroup to settle charges the bank sold shoddy mortgage-backed securities in the run-up to the financial crisis.

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