February 3, 2017

Here's how and why CitiMortgage is leaving mortgage servicing

Editor’s Note:  CitiMortgage is the 6th largest loan servicer in the United States.  Citi is now exiting the lucrative industry of mortgage servicing and foreclosing on loans it doesn’t own.  Citi was fined $28.8 million dollars last week for servicing improprieties.  By selling the servicing rights to these loans, CitiMortgage creates another layer of confusion …

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