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Loan Modification

: The Truth About Mortgage.com

Citi Correspondent Lending Halted on Missing Data

By scot184

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Citi?s correspondent lending division stopped accepting new mortgage applications as of 5pm yesterday after a review found some loans were missing appraisals and income-verification documents, Bloomberg reported. The division, which produced m ore than half of Citigroup $115 billion in mortgages last year, is on hold until July 6, when applications will resume, though perhaps not [...]

Full post as published by The Truth About Mortgage.com on June 24, 2009 (boomark / email).

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