We've all heard Meredith Whitney's views on Citigroup. The CIBC analyst's latest missive contains a look at a different metric. She reckons Citigroup has more exposure to mortgages with high loan-to-value ratios than its peers. (Specifically, the ratio looks at mortgage on a home against the assessed home value.) According to the AP, her note says that mortgages with a ratio of 80 percent or more is considered significantly risky. And Citigroup has more than $75 billion in exposure to such loans. It has an additional $50 billion in exposure to loans with ratios of 90 percent or more. Needless to say, she's maintaining her sell.  

For more:
- here's the AP update

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