Search for: "CITIGROUP MORTGAGE LOAN SERVICES"
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22 Apr 2009, 5:26 pm
Lenders participating in the program, as of April 16, 2009, are JPMorgan Chase, Wells Fargo, Citigroup, GMAC Mortgage, Saxon Mortgage Services and Select Portfolio Servicing. [read post]
5 Apr 2009, 1:26 pm
On June 19, 2008, the DOJ announced a national mortgage fraud enforcement sweep dubbed Operation “Malicious Mortgage. [read post]
10 Mar 2009, 7:31 am
• Mortgage delinquencies have increased to 7.88% of all mortgage loans. [read post]
2 Mar 2009, 1:47 am
Hat tip to the Courthouse News Service for the Peter Madoff complaint. [read post]
11 Feb 2009, 7:46 am
Furthermore, analysts say loan servicers would be more likely to consider voluntary loan modifications if they knew they faced the possibility of a mortgage cramdown later on. [read post]
8 Jan 2009, 7:28 pm
We'll be interested to see the effect of this legislation on pricing of loans and loan servicing on pre-effective date mortgage loans. [read post]
7 Jan 2009, 7:00 pm
That's why, unlike a lot of loan-modification programs, such as those rolled out by Citigroup and IndyMac Bank, Ocwen's doesn't use broad guidelines--for instance, assuming that homeowners should be able to contribute 38% of their income to paying their mortgage. [read post]
12 Nov 2008, 2:37 am
With respect to the mortgages that Citigroup services but does not own, Citigroup says that it “will work diligently with investors to secure their approval to expand the program. [read post]
17 Oct 2008, 6:07 pm
” The Restructure Solution is utilized by Countrywide, Citigroup, Bank of America and other servicers. [read post]
29 Sep 2008, 7:39 am
Defenders of Golden West, a pioneer in offering Option ARM mortgages, say that Wachovia changed the product's underwriting standards, and issued the loans to riskier borrowers. [read post]
13 Sep 2008, 10:24 pm
And in October 2006, during the regular monthly review of the retail bank's operations, the head of mortgage servicing said that late payments on subprime loans were rising at an alarming rate. [read post]
5 Aug 2008, 3:36 pm
Citigroup said it is cooperating with Mr. [read post]
21 Jul 2008, 2:41 pm
"Simply put, the bear market mauled the 2008 proxy season," said Pat McGurn, special counsel for RiskMetrics Group's ISS Governance Services unit. [read post]
11 Jul 2008, 7:59 am
IndyMac was not really a subprime lender; it specialized more in Alt-A loans, which had interest rates more akin to prime mortgages, but were either jumbo loans, no-doc loans, interest-only loans or some combination of these. [read post]
14 Apr 2008, 9:02 am
Davies--former head of Britain's Financial Services Authority--and Chairman/CEO John J. [read post]
28 Mar 2008, 4:17 pm
These are predatory lending practices -- and this is before we even get into predatory mortgage loans, payday loans, etc. [read post]
20 Feb 2008, 7:57 am
The credit crisis triggered by the collapse of the subprime mortgage market has claimed its latest victim: auction-rate securities. [read post]
15 Feb 2008, 9:17 am
Together, the participating mortgage companies service about half of all mortgages in the United States. [read post]
26 Oct 2007, 8:38 am
The company announced Oct. 22 that it would refinance approximately $10 billion in loans, and would lower interest rates on an additional $4 billion in loans for those homeowners who do not qualify for refinancing. [read post]
4 Sep 2007, 8:24 pm
Servicers of securitized mortgages should review the governing documents for the securitization trusts to determine the full extent of their authority to restructure loans that are delinquent or in default or are in imminent risk of default. [read post]
