Keep track of all the important movements of the industry through this activity update that tracks the people and companies in news this week. CitiMortgage, a New York-based ...
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CitiMortgage Accelerates Close of Mortgage Servicing Business
The move represents the company’s “increasing focus on retail banking customers,” Director of Citi Public Affairs Mark Rodgers told MReport. As the release notes, all loans sold to New Residential in the agreement were third-party loans, and CitiMortgage plans to maintain its focus on all loans which originated within the firm’s retail banking unit.
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