Citigroup (C) looks to have missed the housing rebound and it may be the reason Pandit was...

|About: Citigroup Inc. (C)|By:, SA News Editor

Citigroup (C) looks to have missed the housing rebound and it may be the reason Pandit was forced out, writes Stephen Gandel. U.S. mortgage revenue growth of just 6% in Q3 stands against faster numbers at Wells Fargo and JPMorgan. Also contrast yesterday's cautious comments on housing from CFO Gerspach with those of Jamie Dimon a few days earlier.