Kurt Johnson has been named CFO of the mortgage servicer as Jaime Gow transitions from CFO to Strategic Advisor. In addition, Christine Paxton has been named EVP and Chief Risk and Compliance Officer.
Read More »PropTech Aims to Bring Efficiency to the Market
PropTech, or the amalgamation of FinTech and real estate, has been a growing trend recently with the word popping up in conversation more and more often. The ultimate goal of PropTech is to make real estate transactions more efficient, leading to ...
Read More »Which Mortgage Company Tops New Customer Satisfaction Survey?
Despite advances in mortgage technology, J.D. Power has found that customers are more satisfied with one-on-one interactions in lieu of an all-digital approach.
Read More »What’s Driving the MSR and RMBS Markets?
A new report analyzing the mortgage servicing profiles of some of the biggest banks and nonbanks revealed why the market for MSRs and reverse mortgages remains healthy.
Read More »CitiMortgage Announces New Digital Origination Platforms
CitiMortgage, a New York-based global bank, has announced it has entered into dual agreements to integrate its full suite of U.S. mortgage products into a single digital platform for its clients. According to the release, a new front-end digital ...
Read More »Opened and Closed . . . And Opened Again
A handful of banks may find old cases revived in the near future, after a recent U.S. District court ruling. Will the FDIC take action?
Read More »Citi Subsidiaries Draw Fines From CFPB
The CFPB dinged two Citi subsidiaries for using excessive paperwork and deceptive practices to hinder borrowers trying to save their homes.
Read More »Banks Report Solid Mortgage Activity in Q2
As demand for mortgage loans rises and underwriting standards slowly ease, many banks reported increasing mortgage activity in their Q2 earnings reports.
Read More »Citi Provides Consumers More Relief, Monitor Says
Citi agreed to pay $2.5 billion in consumer relief as part of a $4 billion settlement in July 2014. How far has the bank come toward paying that obligation?
Read More »Citi Investors Sue Bank for Billions Over Faulty RMBS
Did Citi deliberately ignore breaches in several billion dollars worth of residential mortgage-backed securities?
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