Search for: "CITIGROUP MORTGAGE LOAN SERVICES"
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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]
9 Feb 2012, 8:00 pm
The $25 billion settlement reached announced today between the federal government and state attorneys general with the five largest mortgage service companies (Bank of America Corporation, JPMorgan Chase & Co., Wells Fargo & Company, Citigroup Inc. and Ally Financial Inc. [read post]
17 Nov 2010, 4:01 pm
The four banks are the largest mortgage servicers in the country representing 56 percent of the nation’s $10.64 trillion mortgage industry. [read post]
16 Nov 2010, 8:44 am
New York City’s pension funds have filed a new shareholder proposal at Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo & Co. that ask each bank’s audit committee to conduct an independent review of mortgage servicing practices. [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]
3 Jan 2011, 8:16 pm
The Securities and Exchange Commission (SEC) has delivered another round of subpoenas to the major banks and mortgage servicers. [read post]
21 May 2010, 7:09 am
Parry was originally turned down for a loan modification by her mortgage servicer, a unit of Citigroup, but decided to keep paying and try again when HAMP was announced. [read post]
24 Mar 2011, 7:16 pm
(JPM), Ally Financial Inc. and Citigroup Inc. [read post]
2 May 2012, 2:54 pm
• The settlement covers home mortgages serviced by Bank of America, JPMorgan Chase & Co., Citigroup Inc., Ally Financial lnc. [read post]
12 Jan 2015, 10:28 am
Bank alleges that Citigroup misrepresented the quality of mortgage loans underlying $528 million in RMBS, and that it breached its duties as servicer by failing to notify the trustee of representation and warranty breaches that it discovered. [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]
25 Feb 2012, 8:22 am
It’s official: The federal government, 49 of the 50 States (all but Oklahoma, the lone hold-out) and the country’s five leading bank mortgage servicers (none other than household names Bank of America, JP Morgan Chase, Citigroup, Wells Fargo, and Ally Financial) announced a February 9, 2012 settlement with said banks regarding foreclosure misconduct and “robosigning” practices. [read post]
26 Apr 2007, 9:00 am
Not only was that an exaggeration, so is the idea that the money is new, because it is not: In 2003, Citigroup made available $3 billion in mortgage loans to NACA through 2013. [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]
31 Mar 2011, 5:00 am
Instead, the policy sought to "micro-manage the Company" and "directly implicates the detailed and complex day-to-day business decisions and policies involving the Company's loan servicing and securitizations operations. [read post]
17 Oct 2008, 6:07 pm
” The Restructure Solution is utilized by Countrywide, Citigroup, Bank of America and other servicers. [read post]
9 Feb 2012, 4:23 pm
-Five mortgage servicers in the agreement — Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial — had already set aside most of the money. [read post]
13 Oct 2010, 2:52 am
The real issue is ownership of these loans and who has the right to foreclose. [read post]
2 Dec 2011, 10:44 am
The banks want releases that go beyond servicing to include lending and securitization of loans. [read post]
25 Jan 2017, 9:51 am
CitiFinancial Servicing originates and services residential daily simple interest mortgage loans. [read post]
